Tagged: banking technology

C6 Bank Introduces Carbon Footprint Product, Powered by Thought Machine’s Core Banking Tech

C6 Bank announces that its new carbon footprint product which launched last month running on Thought Machine’s cloud-native core banking technology, Vault Core, has offset more than 900 tonnes of carbon. ‍The carbon footprint offering, “built at record speed in under six months, makes C6… Read More

Fintech Firm Amount Appoints Kevin Trilli, Raj Kolluri to Key Executive Roles

Amount, a fintech powering banking technology for consumer and small business account opening, loan origination and financing, announces the appointments of Kevin Trilli as Chief Product Officer and Raj Kolluri as Chief Technology Officer. Kevin Trilli, who “brings over 27 years of industry expertise, joins… Read More

Banking Tech Provider Nymbus, Vantage West Credit Union to Launch Digital Financial Solution

NYMBUS, a provider of banking technology solutions, announced Vantage West Credit Union has chosen its Launch product “to deliver a niche financial brand that is primed to reach new Member segments and grow revenue that it can reinvest back into the communities they serve.” Arizona-based… Read More

Fintech Platform HMBradley Partners with Thought Machine, a Banking Tech Provider

HM Bradley, Inc, a financial technology platform built to reward savers, announced a strategic partnership with Thought Machine, a provider of banking technology. The partnership “enables HMBradley to eliminate its waitlist and open new accounts for the first time in over 16 months.” HMBradley has… Read More

Banking Tech Firm Thought Machine to Increase Headcount by Over 20%

Thought Machine, the cloud-native banking technology company, announces the next phase of its expansion plans, in which it will increase its global headcount by more than 20% in 2023, which includes hiring in India, Japan and other world regions for the first time. The company… Read More

United Fintech Acquires Cobalt to Enhance FX, Digital Assets Trading Capabilities

United Fintech, the end-to-end solution for banking technology, announced the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position “as the leading end-to-end solution connecting financial institutions with… Read More

Bpifrance Selects Thought Machine to Help Provide Financing to SMEs in France

Thought Machine, the cloud-native banking technology company, announced that Bpifrance, the French public investment bank, is “using Thought Machine’s cloud-native core banking platform, Vault Core.” Bpifrance claims it is “the first bank in France to deploy Thought Machine’s modern cloud-native core banking platform, using Vault… Read More

Thought Machine, Trade Ledger Provide Cloud-Native Infrastructure for Corporate Lenders

Trade Ledger, the data-driven lending technology provider, has partnered with Thought Machine, the cloud-native banking technology company and developer of core banking engine Vault Core, “to provide a fully integrated technology stack for commercial lenders and banks.” API-driven data exchange between the two companies will… Read More

Engagement Banking Tech Provider Backbase Enters Collaboration with Raiffeisen Switzerland

Engagement banking tech provider Backbase recently revealed that it has entered into a “long-term” collaboration with Raiffeisen Switzerland. It involves Backbase supporting Switzerland’s third-largest banking group in the “development of their customer interface.” Backbase and Raiffeisen “signed the contract to formalize their collaboration on September… Read More

NYMBUS Announces Collaboration With Data & Analytics Company Segment

    NYMBUS, a U.S. financial service platform provider, announced on Thursday it has teamed up with data and analytics company Segmint to enhance its’ customer-based transaction data across its entire suite of banking products and services.The collaboration comes less than two months after NYMBUS… Read More

Video Banking Services are Becoming Popular, Following COVID-19 Outbreak and Newly Adopted Social Distancing Measures

Video banking has become increasingly popular during the past few years. It’s quite possible that it will be adopted by even more consumers, due to the Coronavirus (COVID-19) outbreak, which has led to many people practicing social distancing. A recent report from research firm Retail… Read More

Mantl, a Developer of Account Creation Software for Small Banks, Secures $8 Million via Round Led by Point72 Ventures

Mantl, a developer of account creation software for financial institutions and credit unions, confirmed recently that it has secured $8 million through a Series A funding round led by Point72 Ventures, an early-stage VC strategy financed by Steve Cohen, a billionaire hedge fund manager, and… Read More

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