I look forward to helping Volante disrupt the marketplace and emerge as the dominant provider of innovative solutions and services to the financial industry,” added Grewal. “I first worked with Volante some fifteen years ago as a customer, and served as a member of the Board of Directors and advisor.
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The two senior appointments are part of a larger hiring spree for the company, which has been recruiting professionals with experience in the areas of SaaS, Payments, Open Banking and ISO 20022.īoth Gupta and Grewal were appointed to their respective positions in order to help strengthen Volante’s management team in order to drive its growth and meet its commitment to customer success, the statement said. Harp and Deepak bring unique qualities and experience to Volante and I am delighted to see them both join the team.” Volante Technologies continues hiring spree “As we grow rapidly and increase our market share, it is vital that we invest in our organisation to ensure we continue to deliver excellence and reliability for our clients today and into the future. Understanding Liquidity and Market Liquidity.FXCM Hires Paul Gyles as Chief Marketing Officer.He is also the Chief Architect of Oracle’s hosted business and founder of Peoplesoft’s hosted business. Gupta, on the other hand, joins the company with extensive experience in SaaS. Grewal, who was previously the executive in residence and non-executive board director of the firm, will be responsible for managing and delivering on the company’s growth as the COO. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized.
More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity.
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Volante Technologies is a provider of technology and software as a service (SaaS) to accelerate digital transformation and Payments
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