Tieto launches next-generation Virtual Account Management platform enabling banks to deliver real-time liquidity services
Embracing the benefits from instant payments and open banking initiatives, Tieto is currently launching the next generation Virtual Account Management (VAM) platform. This enhanced VAM solution enables banks to deliver a real-time liquidity overview to corporate customers, with the associated benefits of accelerated settlement and immediate availability of funds. Innovative customer propositions based on virtual account management capabilities have become increasingly popular for both large and mid-size corporate segments. Not only resulting from self-servicing flexibility, but also in