VaNa Qorus-Infosys Finacle Banking Innovation Awards 2025- Nominated

Launched by VakıfBank on July 2, 2024, the VaNa Account is the first and only cash management solution in the sector that offers financial flexibility to commercial and corporate clients for their official payments. VaNa provides a comprehensive platform that allows for the installment and customization of payments to government institutions—such as taxes, social security (SGK), customs, enforcement payments, invoices, and more—via a single digital interface. It simplifies cash flow management for institutions and brings multiple solutions previously offered under separate names (VLimit, VakıfTax, Gümkart) together under one unified structure, establishing a holistic market-first in the industry. The project originated from a clear need: to reduce the cash flow pressure caused by high-value public payments and to make these processes more manageable. With VaNa, institutions can manage their payments either through physical branches or digital channels, with customizable installment and payment options available across various contact points, including POS devices. This approach minimizes operational burden, accelerates processes, and supports digital transformation. During its development, multiple VakıfBank departments, including Cash Management Marketing, Product Development, SME Banking, Retail Banking, Commercial Banking, Corporate Banking, Private Banking, Card Marketing, and relevant Application Development units, worked in full coordination to create a customer-centric and fully regulation-compliant solution. Integration with card-based payment systems further increased the product’s accessibility and ease of use. VaNa not only offers operational convenience but also creates strategic value through institution-specific pricing, reduced transaction costs, and integrated banking features. Clients have full control over their allocated limits, making VaNa a sustainable, digital, and customizable payment management tool. In conclusion, with the VaNa Account, VakıfBank has developed a sector-shaping solution that merges innovation, digitalization, and financial autonomy in public payment processes. This success not only reinforces the vision of being “The Most Special Bank of the Public” but also exemplifies how innovation in financial services can be translated into meaningful social impact.