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Azqore selects Volante Technologies’ PaaS tech for SEPA instant payments

July 9, 2024

The Switzerland-headquartered company is set to integrate Volante’s Payments-as-a-Service (PaaS) tech into its core banking infrastructure to help ensure compliance with the European Commission’s incoming SEPA instant payments mandate.

The cloud-native, API-driven solution allows for real-time payment processing with transaction confirmation in under 10 seconds, while also adhering to the fraud detection and sanctions screening requirements set out by SEPA.

Volante’s PaaS also supports ISO 20022 – a global standard for financial messaging which improves data quality and interoperability between different payment systems – building upon Azqore’s previous selection of Volante’s low-code ISO 20022 service in 2022.

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