Fintech PR
Ping An Reports Stable Operating Profit Attributable to Shareholders of the Parent Company and Interim Dividends, with a 6.8% YoY Increase in Net Profit
Life & Health NBV jumps 11.0% YoY, demonstrating significant positive results in high-quality business development
HONG KONG and SHANGHAI, Aug. 22, 2024 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 2318; SSE: 601318) today announced its 2024 interim results for the six month period ended 30 June 2024.
In the first half of 2024, China’s economy was generally stable despite a complex external environment. Facing opportunities and challenges, Ping An focused on its core financial businesses, strengthened its “integrated finance + health and senior care” strategy, and improved the business quality and efficiency by providing customers with “worry-free, time-saving, and money-saving” service experience. The overall operating results remained solid, demonstrating resilience. In the first half of 2024, Ping An delivered a 16.4% annualized operating ROE, with operating profit attributable to shareholders of the parent company reaching RMB78,482 million. Net profit attributable to shareholders of the parent company rose 6.8% year on year to RMB74,619 million. The Group’s total assets grew to nearly RMB12.23 trillion as of June 30, 2024. Attaching importance to shareholder returns, Ping An will pay an interim dividend of RMB0.93 per share in cash, maintaining stable cash dividends.
Ping An delivered significant positive results in high-quality business development. Three core businesses, namely life and health insurance (“Life & Health”), property and casualty insurance (“Ping An P&C”), and banking, achieved growth and delivered RMB79,565 million in operating profit attributable to shareholders of the parent company, up 1.7% year on year. Life & Health’s new business value (“NBV”) grew 11.0% year on year to RMB22,320 million. Agent productivity continued to increase with NBV of the agent channel up 10.8% and NBV per agent up 36.0% year on year. Business quality improved steadily as Ping An Life recorded a material improvement in its persistency ratios with the 13-month persistency ratio rising 2.8 pps year on year. Ping An delivered excellent results in insurance funds investment, with the portfolio achieving an annualized comprehensive investment yield of 4.2% in the first half of 2024. Ping An continued to develop its “integrated finance + health and senior care” strategy. Retail customers increased to 236 million as of June 30, 2024; 24.9% of them held four or more contracts within the Group, with a retention rate of 97.8%. Over 87.92 million retail customers held multiple contracts with different subsidiaries. Customers entitled to service benefits in the health and senior care ecosystem accounted for over 68% of Ping An Life’s NBV in the first half of 2024.
Top nine business highlights in 1H2024
1. Stable cash dividends amid steady business results. The Group delivered a 16.4% annualized operating ROE, with operating profit attributable to shareholders of the parent company reaching RMB78,482 million in the first half of 2024. Three core businesses, namely Life & Health, Ping An P&C, and banking, achieved growth and delivered RMB79,565 million in operating profit attributable to shareholders of the parent company, up 1.7% year on year. Attaching importance to shareholder returns, Ping An will pay an interim dividend of RMB0.93 per share in cash.
2. Life & Health grew continuously and achieved high-quality development in its agent channel. NBV amounted to RMB22,320 million in the first half of 2024, up 11.0% year on year. Agent productivity continued to increase with NBV of the agent channel up 10.8% and NBV per agent up 36.0% year on year. The number of Ping An Life’s individual life insurance sales agents reached about 340,000 as of June 30, 2024.
3. Ping An P&C maintained good business quality with steady revenue growth. Ping An P&C’s insurance revenue rose 3.9% year on year to RMB161,910 million in the first half of 2024. The company maintained a healthy overall combined ratio at 97.8% through enhanced business management and risk screening.
4. Ping An Bank maintained steady business performance as well as adequate capital and risk provisions. Net profit grew 1.9% year on year to RMB25,879 million in the first half of 2024. Core tier 1 capital adequacy ratio rose to 9.33% and provision coverage ratio was 264.26% as of June 30, 2024.
5. Ping An delivered excellent results in insurance funds investment. In a complex and volatile market environment, Ping An’s insurance funds investment portfolio achieved an annualized comprehensive investment yield of 4.2% in the first half of 2024, up 0.1 pps year on year. The portfolio achieved a 5.4% average comprehensive investment yield over the past decade.
6. Ping An continued to develop integrated finance. Retail customers increased to 236 million as of June 30, 2024; 24.9% of them held four or more contracts within the Group, with a retention rate of 97.8%.
7. Ping An continued to implement its health and senior care ecosystem strategy, achieving significant positive results with differential advantages. By integrating providers, Ping An partnered with all top 100 hospitals and 3A hospitals, and accumulated about 50,000 in-house doctors and contracted external doctors in China as of June 30, 2024. Ping An partnered with approximately 233,000 pharmacies as of June 30, 2024, up by over 2,500 from the beginning of the year. Customers entitled to service benefits in the health and senior care ecosystem accounted for over 68% of Ping An Life’s NBV in the first half of 2024.
8. Ping An actively fulfilled its social responsibilities and supported the real economy. Ping An cumulatively invested nearly RMB9.46 trillion as of June 30, 2024 to bolster the real economy. Green investment of insurance funds and green loan balance reached RMB124,877 million and RMB164,634 million respectively as of June 30, 2024. Ping An’s green insurance premium income amounted to RMB23,605 million, and funds provided for rural industrial vitalization via “Ping An Rural Communities Support” totaled RMB17,024 million in the first half of 2024. Ping An made its debut in the Fortune China ESG Impact List in 2024.
9. Ping An further increased its brand value. In 2024, Ping An ranked 53rd on the Fortune Global 500 list and remained first in the global “Insurance: life and health” industry; 29th on the Forbes Global 2000 list and remained 1st among Chinese insurers; 1st on the Brand Finance Insurance 100 list for the 8th consecutive year.
Deepened integrated finance model drove the stable growth in three core businesses.
Life insurance operating results grew continuously, and the business quality continued to improve. Ping An Life continued to enhance its channels and improve business quality under the “4 channels + 3 products” strategy in the first half of 2024. By upgrading “insurance + service” solutions, Ping An Life continuously strengthened its presence in health and senior care sectors to empower high-quality business development. Life & Health NBV grew 11.0% year on year to RMB22,320 million in the first half of 2024. Ping An Life recorded a material improvement in its persistency ratios with the 13-month persistency ratio rising 2.8 pps year on year and 25-month persistency ratio rising 3.3 pps year on year in the first half of 2024.
Ping An Life continued to enhance channel development. In the agent channel, the company continued to deepen the transformation and improve the team structure, focusing on recruiting high-quality new agents with the support of existing high-quality agents. Agent channel NBV grew 10.8% year on year in the first half of 2024. NBV per agent grew 36.0% year on year. The proportion of “Talent+” new agents increased by 10.2 pps year on year. The number of Ping An Life’s individual life insurance sales agents reached about 340,000 as of June 30, 2024. In the bancassurance channel, Ping An Life adhered to its value-oriented transformation strategy. Bancassurance channel NBV rose 17.3% year on year in the first half of 2024. In Community Grid and other channels, Ping An Life focused on retained customers and set up 126 Community Grid outlets in 90 cities as of June 30, 2024, an increase of 39 cities from the beginning of the year. Ping An Life built a team of approximately 15,000 highly competent specialists who perform effective service operations. Community Grid’s 13-month policy persistency ratio of retained customers improved by 5.8 pps year on year in the first half of 2024, and FYP was 2.6 times that for the same period last year. In the lower-tier channel, Ping An Life continuously promoted sales in 7 provinces, gradually building robust sales channels in the first half of 2024.
“Insurance + service” offerings have gained traction. Ping An Life provided health management services to nearly 16 million customers in the first half of 2024. More than 120,000 customers qualified for home-based senior care services, which covered 64 cities across China as of June 30, 2024. Ping An has unveiled premium health and senior care communities in 5 cities.
Ping An P&C maintained stable business growth and good business quality. The company grew its insurance revenue by 3.9% year on year and improved its overall combined ratio (“COR”) by 0.2 pps to 97.8% in the first half of 2024. In auto insurance, overall operations are steady and in good order. Auto insurance premium income rose 3.4% year on year to RMB104,824 million, and vehicles insured increased 5.9% year on year in the first half of 2024. As a one-stop service platform for auto owners, the “Ping An Auto Owner” app had more than 218 million registered users as of June 30, 2024, with over 142 million vehicles linked to it. Ping An P&C offers leading online claims services and scored 90.87 in the Auto Insurance Service Quality Index evaluation by CBIT (China Banking and Insurance Information Technology Management Co., Ltd.), positioning the company among the leading players in the property and casualty insurance industry.
Ping An Bank maintained steady business performance and adequate risk provisions. The bank adheres to its strategy of “strong retail banking, selective corporate banking, and specialized interbank business.” Net profit grew 1.9% year on year to RMB25,879 million in the first half of 2024. Core tier 1 capital adequacy ratio increased to 9.33% as of June 30, 2024. Ping An Bank continuously strengthened risk management and maintained adequate risk provisions. Non-performing loan ratio and provision coverage ratio were 1.07% and 264.26% respectively as of June 30, 2024. The bank promoted the high-quality sustainable development of its retail business. Retail assets under management (“AUM”) rose 2.2% from the beginning of the year to RMB4,120,630 million, and retail deposit balance grew 6.9% from the beginning of the year to RMB1,290,345 million as of June 30, 2024. In corporate business, Ping An Bank closely follows national strategies to serve the real economy. Corporate loan balance grew 11.4% from the beginning of the year to RMB1,592,139 million as of June 30, 2024. Corporate deposit balance grew 3.7% from the beginning of the year to RMB2,280,467 million.
Ping An delivered excellent results in insurance funds investment. The Group’s insurance funds investment portfolio grew 10.2% from the beginning of the year to more than RMB5.20 trillion as of June 30, 2024. The Group upheld a balanced and prudent approach to its insurance funds investment portfolio under the guidance of long-term strategic asset allocation in the first half of 2024. The portfolio achieved an annualized comprehensive investment yield of 4.2% in the first half of 2024, up by 0.1 pps year on year. The portfolio achieved a 5.4% average comprehensive investment yield over the past decade.
Ping An advanced its integrated finance strategy under a customer-centric philosophy. The Group focused on the development of retail customers, building a brand of heartwarming financial services by providing “worry-free, time-saving, and money-saving” one-stop integrated financial solutions. Integrated finance brought Ping An higher operational efficiency, lower operating and risk costs, and higher customer retention rates. The Group’s retail customers increased 1.9% from the beginning of the year to 236 million as of June 30, 2024; 24.9% of retail customers held four or more contracts within the Group, with a retention rate of 97.8%. Contracts per retail customer reached 2.93. Over 87.92 million retail customers held multiple contracts with different subsidiaries. Thanks to Ping An’s diverse integrated finance products and channels, as well as the enhanced “worry-free, time-saving, and money-saving” services, new customers acquired in the first half of 2024 totaled 13.92 million. Retail cross-selling deepens as Ping An adheres to long-term customer development and continuously gains customer insights. Middle-class and above customers accounted for approximately 77.7% of the Group’s total retail customers, and high net-worth individuals (“HNWIs”) held about 20.13 contracts per customer as of June 30, 2024.
Ping An launched a Chinese “managed care model” as a new driver of value growth. Ping An actively promoted the Chinese “managed care model” by seamlessly combining its online/offline health and senior care ecosystem with financial businesses in which Ping An acted as a payer. The Group built a health and senior care ecosystem in China with differential advantages, including “online, in-store and home-delivered” service capabilities, extensive coverage of health and senior care service resources, and access to high-quality proprietary resources.
Ping An empowered core financial businesses through differentiated “Product + Service” offerings. 28.6% of the Group’s new retail customers were acquired from its health and senior care ecosystem in the first half of 2024. Customers entitled to service benefits in the Group’s health and senior care ecosystem accounted for over 68% of Ping An Life’s NBV in the first half of 2024. More than 63% of Ping An’s 236 million retail customers used services from the health and senior care ecosystem as of June 30, 2024. They held approximately 3.36 contracts and RMB57,500 in AUM per capita, 1.6 times and 3.8 times those held by non-users of these services respectively. Nearly 16 million customers of Ping An Life used services from the health and senior care ecosystem in the first half of 2024. Notably, nearly 70% of Ping An Life’s newly-enrolled customers used health management services in the first half of 2024.
Ping An made significant progress in retail and corporate customer development by effectively integrating insurance with health and senior care services. The Group’s health and senior care ecosystem had more than 67,000 paying corporate clients and their nearly 27 million employees were served in the first half of 2024. Ping An Health had approximately 40 million paying users over the 12 months ended June 30, 2024. PKU Healthcare Group’s revenue continued to grow to approximately RMB2.52 billion in the first half of 2024, driven by its robust operations and faster development since its takeover by Ping An in 2021. Ping An had about 50,000 in-house doctors and contracted external doctors as well as 34 general hospitals, health management centers, and children’s rehabilitation centers in China as of June 30, 2024. The Group also partnered with more than 36,000 hospitals, over 104,000 health care management institutions, and approximately 233,000 pharmacies in China as of June 30, 2024. Overseas, Ping An partnered with more than 1,300 health care institutions in 35 countries as of June 30, 2024, including 8 of the global top10 on the Newsweek’s World’s Best Hospitals List.
Ping An continued to build world-leading AI capabilities. The Group focused on developing core technologies and securing proprietary intellectual property rights. According to the latest ranking released by the World Intellectual Property Organization (WIPO) in 2024, Ping An ranked second globally with 1,564 generative AI patent applications. The Group’s patent applications led most international financial institutions, totaling 52,185 as of June 30, 2024. Ping An had a first-class technology team of more than 20,000 technology developers and over 3,000 scientists as of June 30, 2024. From the perspective of transforming and upgrading Ping An’s core businesses, technology benefits are reflected in higher sales, better business efficiency, and stronger risk management. The volume of services provided by Ping An’s AI service representatives reached about 870 million times, accounting for 80% of Ping An’s total customer service volume in the first half of 2024. It took an average of 7.4 minutes to close a claim with Smart Quick Claim. Moreover, claims savings via smart fraud risk identification grew 4.3% year on year to RMB6.1 billion in the first half of 2024 as Ping An continuously strengthened risk management.
In the second half of 2024, China’s economic recovery will be further bolstered as the government deepens reform comprehensively and household consumption and public expectations continuously improve. Ping An will thoroughly study and implement the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China (the “CPC”), uphold the CPC Central Committee’s centralized, unified leadership over financial work, adhere to a people-centered value orientation, relentlessly pursue high-quality development, and strive for sustainable, well-structured and high-quality resilient growth. Ping An will continue to implement its business policy of “focusing on core businesses, boosting revenue and cutting costs, optimizing structure, and enhancing quality and efficiency,” and advance its technology-driven “integrated finance + health and senior care” strategy. Taking the “worry-free, time-saving, and money-saving” value proposition as its business guidance, service standard, and long-term commitment, the Group strives to create long-term, stable and sustainable value for customers, employees, shareholders and society.
– End –
Fintech PR
UN International Procurement Seminar Held in Asia for the First Time: A Collaborative Initiative Between the UN and Ningbo
NINGBO, China, Nov. 14, 2024 /PRNewswire/ — On November 13, the 2024 United Nations International Procurement Seminar (IPS) commenced in Ningbo, marking the first time this authoritative, high-profile and professional conference has been held in Asia. The event brought together 50 senior procurement officials and representatives from 16 UN agencies, alongside over 200 supplier representatives from both domestic and international markets.
The selection of Ningbo as the venue prompts the question of why the UN chose Asia, and specifically China, for this significant event. A representative from the UN Development Programme (UNDP) office in China encapsulated the sentiment with the phrase “mutual engagement.”
In recent years, the total value of UN procurement has steadily climbed, reaching as high as $29.6 billion. Traditionally, the IPS has been held primarily in Europe three times a year. As the UN seeks to innovate its procurement methods and achieve sustainable development goals, it has increasingly turned its attention to China.
“China has a diverse industrial landscape, offering high-quality products and services at competitive prices. By increasing its procurement of Chinese goods, the UN can enhance the efficiency of its funding use, allowing more developing countries to benefit from UN development aid projects. This aligns with our mutual interests,” noted an official from the Ministry of Commerce’s Department of International Trade and Economic Relations.
Ningbo has consistently emphasized the importance of UN procurement, organizing various initiatives for local enterprises to engage in UN procurement activities in recent years. In September last year, the city hosted the China (Ningbo) UN Procurement Promotion Conference, helping nearly 110 companies successfully register on the official United Nations Global Marketplace (UNGM) website.
Following this event, the UNDP office in China expressed gratitude, recognizing Ningbo’s thriving manufacturing and foreign trade service sectors as having substantial potential to provide innovative solutions for UN procurement. “Ningbo serves as both a catalyst and a bridge, linking China with the world and the UN,” stated Neris M. Baez, Director of the UN Secretariat Procurement Division.
The UN procurement system offers several advantages, including duty exemptions, low exchange rate risks, market stability, and avoidance of trade barriers. These factors can assist in opening markets in countries and regions involved in the Belt and Road Initiative, generating potential benefits and spillover effects.
“China possesses a comprehensive and robust industrial and supply chain and is a globally influential logistics hub. However, we currently lack the necessary channels to connect with international high standards. The key to expanding institutional openness lies in mastering international high-standard trade regulations,” emphasized a representative from the Ningbo Committee of the China Council for the Promotion of International Trade.
If this seminar enables participants to become familiar with international high-standard trade regulations, it could establish a robust support system for engaging in UN procurement. This would create new opportunities in the international public procurement sector, empowering enterprises to secure more international orders through the UNGM website. From this perspective, the seminar represents an important “icebreaking journey.”
Contact: Sun Jiali
Tel.: 0086-18069269225
E-mail: [email protected]
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Fintech PR
Blockchain for Good Alliance Hosts Web3 Oscar, Celebrating Innovators Advancing UN’s Sustainable Development Goals
DUBAI, UAE, Nov. 14, 2024 /PRNewswire/ — The highly anticipated Web3 Oscar, a prestigious event hosted by the Blockchain for Good Alliance (BGA), celebrating blockchain projects driving real-world impact aligned with the UN’s 17 Sustainable Development Goals (SDGs). Industry leaders gathered in Bangkok to honour innovators shaping a sustainable future.
The event was part of BGA’s November lineup, featuring two major initiatives for global change through blockchain: the Sustainable Innovation Summit and the Web3 Oscar Awards.
Sustainable Innovation Summit: A Hackathon for Social Impact
Held from September 9 to November 11, 2024, the Sustainable Innovation Summit hosted a hackathon with a $100,000 prize pool, inviting participants worldwide to create blockchain solutions addressing key issues such as poverty, clean water access, and gender equality. The summit concluded with a Demo Day at the Grand Hyatt Erawan in Bangkok, where finalists showcased their projects to blockchain pioneers, investors, and industry leaders, with opportunities for incubation support and equity-free funding.
Rising Stars
In a cinematic presentation style, 10 shortlisted projects from across the globe, participating in the Sustainable Innovation Summit’s 17 SDGs Challenge, took the stage. Each team presented their blockchain solutions to address sustainability challenges, telling the story of a “hero” confronting a global crisis (one of the 17 SDGs), with blockchain as the “tool” they wield for change.
Winners for the 17 SDGs Challenge:
- 1st Place: Grand Social Impact Award 🥇 EthicHub
- 2nd Place: Outstanding Social Innovation Award 🥈 Plastic Odyssey
- 3rd Place: Emerging Impact Award 🥉 ResearchHub
Rising Star Awards (top 10 projects, in no specific order):
- Wavy Health
- LAKE (LAK3)
- KulaDAO
- erable°
- arkreen
- UCO Network
- Edu3Labs
Web3 Oscar Awards: Honouring Leaders in Blockchain for Social Good
Coinciding with the hackathon’s Demo Day on November 11, the BGA Web3 Oscar Award recognizes individual contributions to blockchain for social good across three categories, with up to 7 total winners.
Each category highlights individual efforts aligning with BGA’s mission.
The Collaboration Bridge Award honours individuals who have played a vital role in guiding the strategic direction of the Blockchain for Good Alliance (BGA). This year’s recipients are:
- Harn, CEO of Trigger Asset Management
- Mariana de la Roche Wills from INATBA (International Association for Trusted Blockchain Applications) and de la Roche W. Consulting
The Public Welfare Contribution Award celebrates individuals who have harnessed #BlockchainForGood. This award was presented to:
- BreeAnne Yek, Consultant at The Verdant Room
- Milica Dimitrijevic from Positiveblockchain.io
These individuals have demonstrated remarkable dedication, guidance, and pioneering work, significantly advancing the mission of the Blockchain for Good Alliance (BGA) in promoting sustainable development through blockchain technology.
In her closing remarks, Helen Liu, Co-founder and COO of Bybit and founder of BGA, explained how blockchain can bring people together to make a real difference worldwide. Her vision for leveraging blockchain to create worldwide impact was both inspiring and forward-thinking.
About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a long term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.
For more information
Email: [email protected]
Website: www.blockchainforgood.xyz
Twitter: www.twitter.com/chainforgood
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Fintech PR
Volante Technologies launches real-time payments intelligence solution for financial institutions
Volante Payments Intelligence gives all stakeholders a deep, accurate assessment of business performance, driving increased operational efficiency, time-to-market, internal innovation, and business growth
NEW YORK, Nov. 14, 2024 /PRNewswire/ — Volante Technologies, the global leader in Payments as a Service (PaaS), today announced the launch of Volante Payments Intelligence, a powerful new solution that offers financial institutions unparalleled visibility and operational control over their payments business. A modular component of the Volante Payments Platform, the solution enables banks to better understand their payments operations, simplifying decision-making while improving business performance.
Volante Payments Intelligence addresses the increasing volume and complexity of the payments landscape, driven by the proliferation of real-time payments, the adoption of ISO 20022, and the digitization of payment flows. The new offering harnesses historical and real-time payments data, delivering actionable intelligence that helps banks strategically plan, optimize operational efficiency, and accurately track performance.
As noted in the 2024 Corporate Banking IT Pressures & Priorities report from Celent, 60% of banks plan to increase migration of business-critical applications to the cloud by the end of 2025. Payments modernization now ranks as a top priority for corporate banks globally, signifying the need for solutions that provide intelligence across stakeholder viewpoints, streamline modernization efforts, and simplify operations.
“In a world where the volume and complexity of payments is increasing, operational resilience and efficiency are more important than ever. Managing through this requires banks to have instant insight into payment flows, operational performance, and the ability to quickly address issues,” said Gareth Lodge, Principal Analyst at Celent.
Volante Payments Intelligence reduces the time banks spend on manual reporting and allows them to prioritize operational efforts more effectively, staying ahead of regulatory demands. With enhanced observability, users can achieve more precise performance tracking, improving their ability to mitigate risks and adapt to market changes.
As financial institutions navigate an increasingly regulated environment, Volante Payments Intelligence offers critical tools to support resilience and compliance. The solution’s integration into existing systems and ease of deployment in private or hybrid cloud environments or as part of Volante’s PaaS offering ensures that institutions can start seeing results immediately.
“We developed Volante Payments Intelligence as a transformative solution, crafted in close collaboration with a diverse range of our customers to address a critical gap no other platform could fill: Delivering actionable, measurable, and personalized business intelligence in real-time,” said Deepak Gupta, EVP, Product, Engineering & Services, Volante Technologies.
“Payments Intelligence doesn’t just bridge the shortcomings of existing intelligence solutions; it redefines what business intelligence can achieve, empowering Volante customers, from small enterprises to global institutions, to unlock new heights in their operational efficiency and strategic growth. This continues Volante’s track record of, and our valued commitment to, driving time-to-market speed, innovation, and business growth for our customers,” concluded Gupta.
Volante plans to continue its innovation drive within Payments Intelligence through the addition of advanced dashboards to provide operators, managers, and executives with a more complete view of their payments business. By adding exception management, payment controls, and new AI-driven capabilities, financial institutions will be able to monitor and identify market dynamics more effectively.
For a deeper dive or to schedule a demo, visit volantetech.com/payments-intelligence.
On behalf of Volante Technologies:
Americas
Julian Byrne
anthonyBarnum
Public Relations
Tel. +1 (512) 665-9258
[email protected]
EMEA
Assyria Graves
Hard Numbers
Tel: +447507870214
[email protected]
[email protected]
About Volante Technologies
Volante Technologies is the trusted cloud payments modernization partner to financial businesses worldwide, giving them the freedom to evolve and innovate at record speed. Real-time native, API enabled, and ISO 20022 fluent, Volante’s Payments as a Service and underlying low-code platform process millions of mission-critical transactions and trillions in value daily. Volante’s customers include four of the top five global corporate banks, seven of the top ten U.S. banks, and two of the world’s largest card networks. Learn more at www.volantetech.com and linkedin.com/company/volante-technologies.
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