news VOLT PARTNERS WITH TCS TO EXPAND Tata Consultancy Services’ Global Payments Solution will PAYMENT power the Next-Generation Banking Platform for OFFERINGS Australia’s First Neobank Volt, Australia's first neobank, has partnered with TCS to power Volt 2.0, its next-generation Banking as a Service (BaaS) platform. with exceptional global technology players like TCS Set to launch in 2021, Volt 2.0 will leverage TCS BaNCS, a global payments whose commitment to continuing innovation will ensure solution, to expand the bank's offerings to include Australia’s New Payments Volt’s banking platform remains cutting-edge.” Platform (NPP), BPAY electronic bill payment system, and Direct Entry via the Australian Payments Network, enabling full-service banking capabilities for all its "In this digital age, consumer expectations have soared, customers. Volt will work closely with TCS to incorporate the real-time capabilities yet many banks are held back from innovation by lack of of TCS BaNCS for payments, along with API-based access to open banking speed from legacy systems. TCS BaNCS is a cloud-based components that are not dependent on traditional legacy structures. The end- to-end solution provides full back-end support, the flexibility to integrate leading solution for Australian banks seeking to collaborate technologies, and connect with an extended ecosystem to offer innovative new with a range of partners and fintechs, to launch products and services. innovative products and deliver a superior customer “Volt’s unique platform technology places it at the experience," said Vikram Singh, Country Head, TCS Steve Weston, forefront of Australian banks, and positions us well Australia and New Zealand. "TCS is thrilled to be working Vikram Singh, Founder and CEO, for incredible growth into the future,” said Steve with Volt to launch its next-generation payments digital Volt Country Head, Weston, Founder and CEO, Volt. “Operating banking platform Volt 2.0. Our deep knowledge and experience TCS Australia and in a highly regulated industry and the goal of with payments technology will enable us to support Volt with a New Zealand becoming a market leader has led Volt to partner full-service, end-to-end solution leveraging TCS BaNCS." l 54 55.