BNY Mellon works with Volante for real-time payment tech

Volante Technologies announced that it’s been collaborating with BNY Mellon on creating and deploying technology to enable real-time payments in the US and internationally.
As part of BNY Mellon’s payments modernization initiative, the bank launched two services leveraging VolPay Hub technology provided by Volante.

BNY Mellon’s launched two initiatives: defining standards for clearing and settling payments in real-time and transitioning from paper to electronic payments for their clients. In support of these initiatives, Volante developed its TCH RTP Processor Module in collaboration with BNY Mellon to process real-time payments and to allow a transaction to reach its recipient within 15 seconds or less.

Read the full release

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