Volante Technologies Segregates FedNow and Ripple Services
Volante Technologies, a provider of payment solutions for U.S. banks, has separated its offerings related to the Federal Reserve's FedNow Service from those involving Ripple’s cross-border payment platform. While Volante offers a unified solution for real-time payments through FedNow and TCH RTP, it also processes Ripple (XRP) alongside other digital currencies on its cloud-native cross-border system. The company clarifies that these are distinct capabilities within their broader portfolio of services, which includes SWIFT gpi, Visa B2B, Mastercard Send, and alternative payment rails. Importantly, the FedNow service does not mention Ripple or XRP in its official documentation, indicating no direct integration between the two systems. This distinction is crucial for financial institutions seeking clarity on how different real-time payments platforms operate independently within Volante’s ecosystem.
Topics: cross-border payments FedNow real-time payment systems Ripple