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June 19 2025

How Are Banks Future-Proofing Payments Infrastructure? | Volante’s Nihit Ahuja and Nationwide’s Otto Benz

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Nihit Ahuja from Volante Technologies and Otto Benz from Nationwide Building Society discuss how banks are changing their payment systems to keep up with the fast-moving financial world.

Ahjua kicks things off by talking about how payments have always been a key part of banking and mentions that even though banks have invested heavily in tech, the rapid shift towards digital and instant payments means they can’t just wipe the slate clean.

Instead, they often add new tech on top of older systems to handle current needs. Ahjua believes this only fixes short-term issues and doesn’t tackle the bigger challenge of creating a new generation of payment platforms that are built for the cloud and can grow with future needs.

As customers want things to be faster and simpler, banks need to focus on building systems that work well with their clients’ services. For Ahjua, investing in modern payment technology isn’t just a nice-to-have; it’s crucial for staying relevant.

Benz adds his perspective, noting how Nationwide tries to balance creating its own solutions with teaming up with others. For front-end digital services that impact customer experience, Nationwide usually develops in-house, enabling quick innovation. On the back end—where things like reliability and compliance matter—they collaborate with trusted partners.

He highlights Nationwide’s work with Form3 as a prime example. Together, they’re setting up a high-performance, multi-cloud payments platform that mixes reliability with innovation. Benz underscores that there’s plenty of cool stuff happening behind the scenes, even when the tech isn’t visible to customers.

People In This Post

Otto Benz, Nationwide | Fintech Finance

Otto Benz

Nationwide Building Society
Nihit Ahuja, Volante Technologies | Fintech Finance

Nihit Ahuja

Volante Technologies

Companies In This Post

Volante Technologies | FinTech Finance

Volante Technologies

Nationwide Building Society
  1. EXCLUSIVE: “TradFi Versus DeFi: From Disruption to Definition” – Jessica Blue, Money20/20 in ‘The Paytech Magazine’

    The Paytech Magazine

     Read more
  2. The Paytech Magazine Issue #17

    News

     Read more
  3. World’s Largest Fintech Meetings Event Expands to Europe with 2026 Lisbon Launch

    Events

     Read more
  4. Innovation Celebrated as Winners of Open Banking Expo Awards 2025 Revealed

    Events

     Read more
  5. Fintech Revolution Summit 2025

    Events

     Read more
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