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Volante Technologies named a Leader in Gartner® Magic Quadrant™ for Banking Payment Hub Platforms

Business

Volante Technologies named a Leader in Gartner® Magic Quadrant™ for Banking Payment Hub Platforms
Business

Business

Volante Technologies named a Leader in Gartner® Magic Quadrant™ for Banking Payment Hub Platforms

2026-02-03 23:15 Last Updated At:02-04 13:16

NEW YORK--(BUSINESS WIRE)--Feb 3, 2026--

Volante Technologies, the global leader in Payments as a Service (PaaS), today announced its recognition as a Leader in the 2026 Gartner® Magic Quadrant™ for Banking Payment Hub Platforms, which evaluates vendors based on Ability to Execute and Completeness of Vision. In Volante’s view, Gartner positioned them as a Leader based on their capacity to support enterprise-scale payment processing in banks and financial institutions across multiple regions, deployment models, and operational environments.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203149834/en/

As the highest positioned provider in Ability to Execute, Volante believes its AI-powered Payments Platform is ISO 20022 native and provides complete, always-on, and composable payment processing support and can be deployed progressively alongside existing payment infrastructure, or as a full payment hub or SaaS model, allowing clients to own their modernization journey.

“In our view, being positioned as a Leader reflects Volante’s ability to execute through an unrivaled blend of curiosity, boldness, and discipline,” said Vijay Oddiraju, CEO at Volante. “Financial institutions are navigating real-time adoption, cloud transformation, and the emergence of digital value such as stablecoins. Our goal is to give them the freedom to innovate at their own pace, without compromising reliability and control.”

Embedded intelligence is built into how Volante delivers payment processing at scale. Banks must manage complexity as volumes, message formats, and routing requirements increase. By applying AI-powered capabilities directly within payment flows, Volante supports higher data quality, improved routing accuracy, and more efficient exception handling in production environments. As a result, payment operations teams improve productivity and reduce external dependencies.

Oddiraju continued, “We strongly feel this Gartner recognition provides independent context for the direction we’ve taken and the trust Volante clients place in our services, whether it’s a global money center powering entire economies or a Tier 4 bank supporting local commerce.”

Across the payments industry, financial institutions are facing convergence of regulatory change, infrastructure modernization, and rising expectations, driving institutions to modernize payment hubs in ways that balance speed, scale, and operational control. Gartner forecasts worldwide IT spending will total $6.08 trillion in 2026, which Volante feels reflects the significant investment organizations are making to modernize core infrastructure and meet evolving operational requirements in depth, transparency, and control.

“Payments modernization is not a single event – it’s a series of technical and operational decisions that must work in live, high-volume production environments from day one, and that’s what our teams and clients have proven at scale,” said Deepak Gupta, Chief Product, Engineering, and Delivery Officer, Volante Technologies. “Banks choose Volante because we give them flexibility, whether that’s an accelerated move to a unified, end-to-end payments platform, or a phased transition from legacy environments.”

“As our clients progress at their desired pace, we’re dedicated to investing for the future – just as we were 25 years ago. Through composable capabilities, AI-driven enhancements, and always-on multi-cloud delivery, Volante will be the payments modernization foundation for banks and financial institutions of all tiers and regions, no matter how their requirements evolve,” Gupta added.

To access the full Gartner Magic Quadrant for Banking Payment Hub Platforms report, visit https://www.volantetech.com/volante-leader-in-gartner-magic-quadrant/

Gartner Disclaimer

Gartner, Magic Quadrant for Banking Payment Hub Platforms, Peter Ryan, Debbie Buckland, January 20, 2026.

Learn more about the Gartner Magic Quadrant:https://www.gartner.com/en/research/magic-quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally. MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

About Volante Technologies

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document.

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document.

ROME (AP) — Pope Leo XIV will personally carry the wooden cross through all 14 stations of the Way of the Cross at the Colosseum on his first Good Friday as pontiff, marking the first time in decades that a pope carries the cross to every station.

“I think it will be an important sign because of what the pope represents, a spiritual leader in the world today, and for this voice, that everyone wants to hear, that says Christ still suffers,” Leo told reporters this week outside of the papal retreat at Castel Gandolfo. “I carry all of this suffering in my prayer.”

John Paul II carried the cross for the entire procession from his first Good Friday as pontiff in 1979 until his hip surgery in 1995, when he carried it just part of the way, according to AP reports at the time.

For the first two years of his papacy, Benedict XVI carried the cross for the first station inside the Colosseum, then followed other bearers in the procession that ends on a platform on the Palatine Hill.

Pope Francis never carried the cross, but participated in the procession until his health worsened. He died after a long illness last year on Easter Monday, which fell on April 21.

Pope John Paul II was just 58 when he became pope, and was known as a hiker and outdoorsman. His two successors were in their late 70s when they began their papacies, and Francis was missing part of a lung due to a pulmonary infection as a young man.

At 70, Leo is physically fit and an avid tennis player and swimmer. Before becoming pope, Leo would work out regularly at a gym near the Vatican, with a plan befitting a man in his early 50s, according to his former trainer.

Crowds are expected to gather outside of the Colosseum for the Way of the Cross, which commemorates the final hours of Jesus’ life, from his death sentence to taking up the cross to his crucifixion, death and burial. The procession ends outside the Colosseum atop the Palatine Hill.

The meditations, which are read aloud at each station, were composed by the Rev. Francesco Patton, who was custos (or custodian) of the Holy Land 2016-25, charged, among other things, with looking after sacred sites

“The Way of the Cross is not intended for those who lead a pristinely pious or abstractly recollected life,” Patton wrote in his introduction. “Instead, it is the exercise of one who knows that faith, hope and charity must be incarnated in the real world.”

On Holy Saturday, the pontiff will preside over Easter vigil rites at St. Peter’s Square and lead Roman Catholics into Christianity’s most joyous celebration marking Christ’s resurrection.

On Easter Sunday, the pope will celebrate an open-air Mass in St. Peter’s Square before delivering his Easter message and offer the traditional “Urbi et Orbi” blessing to the city (of Rome) and the world.

Pope Leo XIV attends the Celebration of the Passion of the Lord in St. Peter's Basilica at the Vatican on Catholic Good Friday, Friday, April 3, 2026 (AP Photo/Andrew Medichini)

Pope Leo XIV attends the Celebration of the Passion of the Lord in St. Peter's Basilica at the Vatican on Catholic Good Friday, Friday, April 3, 2026 (AP Photo/Andrew Medichini)

Pope Leo XIV attends the Celebration of the Passion of the Lord in St. Peter's Basilica at the Vatican on Catholic Good Friday, Friday, April 3, 2026 (AP Photo/Andrew Medichini)

Pope Leo XIV attends the Celebration of the Passion of the Lord in St. Peter's Basilica at the Vatican on Catholic Good Friday, Friday, April 3, 2026 (AP Photo/Andrew Medichini)

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