Thought Machine news and trends

Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
Partnerships // June 17, 2024

Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global network and digital solutions and Thought Machine’s cloud-native core banking and payments platform, the companies said in a Monday (June...

Thought Machine and Form3 Partner on Real-Time Payment Processing 
Real-Time Payments // October 23, 2023

Cloud-native banking technology company Thought Machine has partnered with cloud-native account-to-account (A2A) platform Form3 to offer banks and financial institutions an end-to-end solution for real-time payment processing.  This collaboration will add the FedNow® Service, The Clearing House’s RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s Vault Payments, a cloud-native and application programming interface (API)-enabled...

Virtusa and Thought Machine Launch Customer Onboarding Platform
Partnerships // August 09, 2023

Virtusa and Thought Machine have teamed up to launch a platform that helps financial institutions onboard small- to medium-sized businesses (SMBs). The new SME Customer Onboarding Platform is designed to streamline and enhance the onboarding process for SMBs in the financial industry, the companies said in a Wednesday (Aug. 9) press release....

Cloud Banking Takes Center Stage at London Tech Week
Cloud Banking // June 14, 2022

The ways that banking, finance, and technology meet in London explain a lot about the economic landscape of the U.K., and understanding this dynamic can unlock important investment opportunities for startups looking to scale. Related: UK Sets Course to Woo Big Tech In their respective...

Quick Reads
Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities

June 17, 2024
Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global network and digital solutions and Thought Machine’s cloud-native core banking and payments platform, the companies said in a Monday (June 17) press release emailed to PYMNTS. Together, the companies aim […]

Thought Machine and Form3 Partner on Real-Time Payment Processing 

October 23, 2023
Cloud-native banking technology company Thought Machine has partnered with cloud-native account-to-account (A2A) platform Form3 to offer banks and financial institutions an end-to-end solution for real-time payment processing.  This collaboration will add the FedNow® Service, The Clearing...

Virtusa and Thought Machine Launch Customer Onboarding Platform

August 09, 2023
Virtusa and Thought Machine have teamed up to launch a platform that helps financial institutions onboard small- to medium-sized businesses (SMBs). The new SME Customer Onboarding Platform is designed to streamline and enhance the onboarding...

Temasek Leads $160M Series D for Thought Machine’s Expansion

May 18, 2022
Cloud banking technology startup Thought Machine closed a $160 million Series D funding round led by Temasek that gives the firm a post-money valuation of $2.7 billion, twice its value...