TCS partners with Australias first neobank, Volt

TCS partners with Australias first neobank, Volt

Oct 26, 2020 12:10 IST capital market

Tata Consultancy Services announced that Volt, Australias first neobank, has partnered with TCS to power Volt 2.0, its next-generation Banking as a Service (BaaS) platform.

Set to launch in 2021, Volt 2.0 will leverage TCS BaNCS?, a global payments solution, to expand the banks offerings to include NPP, BPAY and DE, enabling full-service banking capabilities for all its customers. Volt will work closely with TCS to incorporate the real-time capabilities of TCS BaNCS for payments, along with API-based access to open banking components that are not dependent on traditional legacy structures. The end-to-end solution provides full back-end support, the flexibility to integrate leading technologies, and connect with an extended ecosystem to offer innovative new products and services.

Powered by Capital Market - Live News

Related Story