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

Read More

Nick Wilde Steps Down as Thought Machine’s APAC Managing Director

Nick Wilde, the Managing Director of APAC for Thought Machine, has announced his departure from the company to return to Australia after a notable 17-year career abroad. During Wilde’s five-year tenure at Thought Machine, he was instrumental in the growth

Read More

StanChart’s audax and Thought Machine Tie Up for Digital Banking, BaaS Solutions

audax Financial Technology, backed by Standard Chartered, and Thought Machine, a cloud-native banking technology company, have announced a strategic partnership aimed at reshaping the banking technology arena. The partnership is set to deliver digital banking and Banking-as-a-Service (BaaS) solutions designed

Read More

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

Read More

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

Read More

Thought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs

Thought Machine, a cloud-native banking technology company, will increase its global headcount by more than 20% in 2023 by hiring in India, Japan and South Africa. As part of the next phase of its expansion plans, Thought Machine said that

Read More

Trust Bank Selects Thought Machine to Power Singapore’s New Wave of Digital Banks

Thought Machine, a cloud-native banking technology company, announced that it is powering Singapore’s cloud-native digital bank Trust. Leveraging Thought Machine’s technology, Trust has designed a world-class solution with an intuitive customer experience combining best-in-market rewards with a suite of products.

Read More

Meet the 36 SFF Global Fintech Awards Winners

36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected

Read More

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

Read More

Thought Machine Raises US$160 Million Series D Led by Temasek

Singapore’s state-owned investor Temasek leads the US$160 million Series D funding round raised by Thought Machine, a UK-headquartered core banking technology company. Thought Machine is now valued at US$2.7 billion which is a 100% increase from its valuation at the

Read More