Volante Technologies, the global leader in cloud payments and financial messaging, is collaborating with Banco del Bajío (BMV: BBAJIOO) on its payment’s modernization initiatives. As an integral part of the bank’s broader digital transformation program, BanBajío and Volante will deliver an outstanding payments user experience for the bank’s customers, creating intuitive digital experiences for everyday banking demands. BanBajío is one of the largest banks in Mexico and the fastest growing local bank in the country. It offers a wide variety of financial products and services to consumers, small and medium-sized enterprises, corporations, and government agencies. Digital transformation is a high priority in its 2025 strategic plan. To achieve this ambitious plan, BanBajío has developed proprietary solutions and partnered with leading technology companies to offer the best experience to its customers. The outcome: as of February 2022, the number of monthly active users of its digital channels increased by 51 percent year-on-year; and the volume of transactions processed through its digital channels grew by 33 percent year-to-date, significantly higher than the global average of 10 percent.
The bank was able to attain this goal by deploying Volante’s powerful payments processing services, enabling it to offer customers easier and faster bulk payment options. Using the PaaS provider’s APIs, the bank was able to orchestrate and process an increasing number of payments more efficiently, resulting in a 10x improvement in processing speed. Portal services such as digital payroll or bulk transfer are now processed quickly and securely – regardless of the size of the data. Volante Technologies is the leading global provider of cloud payments and financial messaging solutions to accelerate digital transformation. We serve as a trusted partner to over 100 banks, financial institutions, market infrastructures, clearing houses, and corporate treasuries in 35 countries. Our solutions and services process millions of transactions and trillions in value every day, powering four of the top five corporate banks, 40 percent of all U.S. commercial bank deposits, and 70 percent of worldwide card traffic. As a result, our customers can stay ahead of emerging trends, become more competitive, deliver superior client experiences, and grow their businesses through rapid innovation.