NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Volante Technologies, the world’s top provider of cloud payments and financial messaging solutions, announced today a strategic agreement with HCLTech, a leading global technology firm. Together, the companies will promote payments modernization to assist financial institutions in keeping up with the industry’s fast-paced digital disruption.

HCLTech’s digital and technical services expertise will be combined with Volante’s cloud-native payments solutions and low-code finance platform. This will allow financial institutions to swiftly implement solutions for instant payments, real-time gross settlement (RTGS), and a variety of low and high-value local and international payment methods. Furthermore, the companies will collaborate to provide their common vision of payments to a broader spectrum of clients and financial services organisations.