KPMG and Volante
Real-time payments and ISO 20022 modernization
KPMG LLP and Volante Technologies, a global leader in cloud payments and ﬁnancial messaging, are joining forces to offer ﬁnancial institutions a wide range of ISO 20022 and Real-Time Payments (RTP) readiness diagnostics as well as modern cloud solutions to rapidly modernize their payments processes and operations to be compliant for the upcoming ISO 20022 industry mandate and RTP movement.
In addition to being able to become ISO 20022 compliant, the offerings will enable banks and payment service providers to start their RTP journey immediately and prepare for new instant payment initiatives such has the FedNow Service. Customers can leverage the offerings to help modernize their legacy ACH and wire payment systems, and strategically position themselves for rapidly progressing payments trends such as connected or embedded banking.