Volante launches a "plug and play" Ripple integration solution

Volante launches a “plug and play” Ripple integration solution

Volante Technologies has launched a new solution – as part of its VolPay Foundation payments platform – for integration with Ripple’s distributed ledger technology.

Volante’s software has been Ripple-ready since last autumn, says the vendor, and following “close engagement with Ripple” it has now brought to market an “integration solution wholly designed to simplify the connectivity to Ripple”.

According to Volante, the new offering “encompasses the necessary workflow, message transformation, and payment orchestration requirements to allow banks a significantly simpler method of integrating with Ripple’s payment network, both on the sending and receiving side, with minimal if any changes to their existing payment systems”.

Neil Clarke, Volante’s market engagement director, comments that the aim has been to make integration with Ripple “a plug and play process”.

Ripple effect
Volante is not the only one to pledge its dedication to Ripple.

Canada-based Expertus Technologies is piloting a programme for financial institutions that want to test the capabilities of blockchain and Ripple’s technology.

Cross-border payments and ACH operator Earthport has launched a distributed ledger hub earlier this year – a service that provides connectivity to Ripple.

Deloitte is pioneering an integration project combining Ripple’s protocol and Temenos’ core banking software for direct bank-to-bank settlements in real time.

Santander has introduced blockchain for international payments through a new app, with the technology underpinning the app provided by Ripple.

D+H Corporation implemented distributed ledger technology from Ripple into its global payment services hub Global PayPlus (GPP).

Japan-based SBI Holdings created a joint venture with Ripple to expand the latter into the Asian market.