Montran India Marks 10 Years of Transforming Financial Technology

November 29, 2023 01:30 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

MUMBAI, India, Nov. 29, 2023 /PRNewswire/ -- Montran India proudly commemorated its 10th anniversary, marking a significant milestone in delivering innovative payment solutions to the region.

Since its inception in 2013 as Montran's inaugural expansion into Asia, Montran India has revolutionized the financial sector with cutting-edge technologies, contributing significantly to the digital transformation in banking. The company's dedication to creating secure and efficient payment systems has set new standards in the industry, empowering financial institutions throughout the nation.

One of Montran India's initial achievements was the implementation of the National Automated Clearing House (NACH) system that revolutionized commercial banking in India. The payment rails implemented for various public and private sector banks across India established Montran as a prominent brand and trusted partner in the Indian financial sector. Montran's infrastructure payment systems, with a daily throughput of over 100 million transactions, have been instrumental in the India payment stack growth story.

Montran's journey has been highlighted by several key developments, including the launch of the comprehensive, future-ready Transaction Processing Hub (TPH), the adoption of micro-services and cloud-ready applications, and the introduction of the Corporate portal. These innovations have significantly contributed to India's vision of a digital and cashless economy.

"This 10th anniversary represents not just a milestone, but a commitment to pioneering the future of payments. We are excited about the opportunities that lie ahead, the new horizons we will explore, and the continued impact we will make in the years to come," said Charles Walsh, CEO of Montran India. "With the continued support of our clients and the dedication of our team, we will drive innovation, enhance financial services, and contribute to a more inclusive and efficient financial landscape for all."

As it celebrates a decade of ground-breaking achievements, the company steadfastly adheres to its purpose to Unify the World Financially. This purpose continues to inspire and shape its innovative contributions to the financial technology sector. Extending its gratitude to clients, partners, and team members for their integral roles in this journey, Montran aims to play a pivotal role in shaping an integrated and efficient global financial system.

About Montran

Montran is the leading provider of Payment and Securities Market Infrastructure solutions, servicing the world's foremost financial institutions with mission-critical installations and operations in over 80 countries. Discover more at www.montran.com.

Contact: Verónica Alvaro 
Phone: +(593) 2 323 0349 Ext. 321


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.