Volante Technologies releases fourth annual mid-tier banking report, showing record investment into payments modernization | PR Newswire [Video]

Created in partnership with Datos Insights, the 2024 report highlights the unique position of mid-tier banks and the investment opportunities available to modernize payment infrastructure

, /PRNewswire/ — Volante Technologies, the global leader in Payments as a Service (PaaS), today announced the release of its fourth annual survey of mid-tier banks.

The report, produced in collaboration with Datos Insights, provides deep insights into how mid-tier banks can accelerate payments modernization to meet growing customer demands and remain competitive in the dynamic financial ecosystem.

Gathered from over 1,250 global banking leaders, the report identifies key trends driving the future of payments for mid-tier banks, defined as financial institutions with between $3 billion and $100 billionin assets. These include the rising adoption of real-time payments, the strategic importance of ISO 20022 compliance and utilization, and the role of cloud and Payments as a Service (PaaS) solutions in payments modernization. Notably, the report shows that in response to these …