According to a report from IBS Intelligence, the global financial technology software firm Volante Technologies and Goldman Sachs the leading American multinational banking institution are rolling out together a digital transaction banking platform in the cloud. Moreover, the New Jersey-based company Volante is the first one to become a client of this platform.
Volante Partners with Goldman Sachs
The blockchain payments company Ripple’s client Volante Technologies has teamed up with the global investment banking firm Goldman Sachs. Volante will collaborate with Goldman Sachs for launching the cloud-based digital transaction banking service. As per the article report of IBS Intelligence, the company will provide its payment technology to the banking firm. This technology has been utilized by Goldman Sachs for developing the digital transaction banking service.
Uday Thakur, the Chief Technical Officer (CTO) and Co-Founder of Volante Technologies said that they are very pleased to be collaborating with Goldman Sachs like innovative organization:
“We are delighted to be collaborating with an innovative and disruptive organization like Goldman Sachs. This is truly a two-way street: our payments solutions and know-how have enabled Goldman Sachs to rapidly launch a superior cloud transaction banking service, while they worked closely with us in the certification process with US domestic and cross-border payment networks.”
Luc Teboul, who will serve as the Managing Director and Engineering lead for the bank’s Digital Transaction Banking platform, said that the cutting-edge technology was required for rolling out the digital banking service for our clients and Volante Technologies fully came upon our requirements. Teboul added:
“We always aim to collaborate with companies who have the desire to be long term partners. Volante met our top criteria for an ideal collaborator: modern cloud-native technology, deep payments and transaction banking expertise, and the ability and flexibility to deliver against aggressive deadlines. We welcomed them as a client very early on in our journey.”
Goldman Sachs is looking forward to helping its clients in the account opening in the cloud through this digital banking service. It also enables secure mobile authentication as well.