Tag "Thought Machine"

How Core Modernisation Is Paving the Way for Invisible Banking

In an era dominated by digital innovation, the banking sector is evolving rapidly to meet the modern consumer’s demands for seamless and integrated financial services. This movement towards “invisible banking” marks a departure from traditional banking practices, offering a glimpse

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Thought Machine’s Modern Core Enables Nikel to Close the Small Business Credit Gap

Thought Machine, a cloud-native banking technology company, has empowered Nikel, a fintech startup that unlocks credit for millions in Southeast Asia, to streamline its lending process and develop new products more quickly. Founded in 2018, Nikel which rebranded from Impact

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Purposeful Coexistence in Your Journey to a Digital Core

The costs and complexity of legacy banking technology have firmly established the need for financial institutions to modernise their systems. Banks must move away from legacy infrastructure that constrains innovation and prevents them from providing the real-time, personalised banking experiences

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Banks Need to Avoid Risks of a Big Bang Transition When They Digitise

The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the

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Al Rajhi Malaysia Picks Thought Machine to Build its Islamic Digital Bank

Al Rajhi Bank Malaysia has selected Thought Machine, a cloud native core banking technology firm, to power their upcoming “next-generation digital bank”. The bank had embarked on a multi-year digital transformation in 2021 and will deploy Thought Machine’s core banking

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