US based Volante Technologies, cloud payments and financial messaging solution, announced a collaboration with Goldman Sachs for the Goldman Sachs Transaction Banking Platform.

Voltane will provide the payment technology underpinning the bank’s recently launched digital transaction banking service built entirely from scratch in the cloud.

The platform is fully API-enabled and incorporates analytics, liquidity management, virtual accounts, and payments. At the core of this platform is Volante’s cloud-native VolPay, providing unified end-to-end processing of domestic and international payments, including foreign exchange/FX, across U.S. wires, ACH, SWIFT cross-border payments, and other payment rails.

Uday Thakur, Co-founder & CTO, Volante Technologies said,

“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.We look forward to extending our collaboration in both directions, helping Goldman Sachs evolve their transaction banking roadmap, while we benefit from their advanced payments, FX, and cash management services.”