# Volante Technologies’ VolPay Hub fully tested, qualified and integrated with TokenOS to accelerate adoption of Open Banking
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-10-12
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Enable Banks' Connectivity in Token Ecosystem
Meta Description: Volante Technologies announces seamless integration of VolPay Hub with TokenOS, empowering banks in Token ecosystem to offer enhanced services and improve
URL: https://financedigest.com/volante-technologies-volpay-hub-fully-tested-qualified-and-integrated-with-tokenos-to-accelerate-adoption-of-open-bankinghtml

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**_Giving banks quick connectivity to members in the Token ecosystem_**

Volante Technologies Inc., a global provider of payments and message integration software today announced that VolPay Hub is fully tested, qualified and integrated with TokenOS, a leading open banking platform.

By leveraging open banking practices, Token enables banks, consumers and corporations to securely move money through its network whilst offering value-added services to members within the Token ecosystem.

VolPay Hub enables banks to connect, process and orchestrate transactions emanating from the Token network with greater ease, speed and lower operating [costs through cloud](https://www.financedigest.com/spiralling-azure-costs-dont-necessarily-mean-your-cloud-strategy-is-off-course.html "Spiralling Azure costs don’t necessarily mean your cloud strategy is off course") deployment. The joint TokenOS and VolPay Hub proposition means banks can offer additional services and enhanced customer experience without the need for the banks to re-engineer their back-end payment systems to handle API based payment orchestration and processing.

VolPay Hub is the [next generation](https://www.financedigest.com/siya-kolisi-empowers-next-generation-with-red-bull-roots.html "Siya Kolisi empowers next generation with Red Bull Roots") payments business application that dramatically reduces the cost and time of implementations. VolPay Hub’s configurable and [system agnostic nature enables any payment type](https://www.financedigest.com/turbo-compounding-systems-market-development-status-competition-analysis-type-and-application-2026.html "Turbo Compounding Systems Market Development Status, Competition Analysis, Type and Application 2026") from any payment channel or network to be processed easily.

**Nadish Lad, Global Head of Payment Products, Volante Technologies,** said, “Volante is excited to help accelerate [banks’ adoption of TokenOS by removing the complexity associated with payments](https://www.financedigest.com/polands-bank-millennium-third-quarter-results-hit-by-payment-holidays.html "Poland’s Bank Millennium third-quarter results hit by payment holidays") processing. Lowering the costs and time taken in implementations is on the minds of every CIO – and we remain eager to help them achieve their goals. Both Token and Volante will be demonstrating the joint VolPay Hub and TokenOS proposition at SIBOS in Toronto this year.”

**Steve Kirsch, Founder and CEO, Token,** said, “We are delighted to further enhance the benefits of our [open banking](https://www.financedigest.com/why-open-banking-heralds-a-new-era-of-ecommerce-merchant-and-bank-collaboration.html "Why Open Banking Heralds a New Era of eCommerce Merchant and Bank Collaboration") platform, TokenOS, through this seamless integration with Volante’sVolPay Hub. With TokenOS, [banks quickly and cost-effectively offer new products and services that retain and attract new customers](https://www.financedigest.com/how-close-can-banks-get-to-their-customers.html "How close can banks get to their customers?"). Such new offerings include advanced programmable [money solutions and the opportunity](https://www.financedigest.com/with-the-end-of-easy-money-there-are-still-serious-opportunities-in-africa.html "With the end of ‘easy money’ there are still serious opportunities in Africa") to make secure immediate payments domestically and across borders. Together we are able to deliver a fast route to [market and highly cost-effective](https://www.financedigest.com/cost-effective-digitized-innovation-to-drive-the-immune-thrombocytopenia-treatment-market.html "Cost-effective Digitized Innovation to drive the Immune Thrombocytopenia Treatment Market") migration path away from legacy infrastructure, with enhanced customer experience.”


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