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Introduction

As the global payments industry enters a period of great change, banks are increasing their investment in the underpinning IT architectures, and payment hubs are evolving to take on a new orchestration role.

Highlights

  • Launched in 2015, Volante Technologies' VolPay Hub is a newcomer in the payments hub market, yet has a tier-1 bank as one of its first clients.
  • "Configuration not coding" is Volante’s maxim, and VolPay Hub is intended to reduce implementation time by using a library of standard interfaces to allow business users to develop, test, and automatically generate documented Java code.

Features and Benefits

  • Assesses how new payment hub architectures will measure up in a rapidly changing payments industry.
  • Examines how a standard library of standards and functions can reduce implementation time and increase flexibility.

Key questions answered

  • How does the advent of global immediate payments infrastructures and open APIs affect the development of a payment architecture?
  • How are new and established vendors responding to the changes in the global payments market?

Table of contents

Summary

  • Catalyst
  • Key messages
  • Ovum view

Recommendations for enterprises

  • Why put VolPay Hub on your radar?

Highlights

  • Company background
  • Technology assessment
  • Technical details
  • Market impact

Data sheet

  • Key facts

Appendix

  • Author

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