What is Vault by Thought Machine?
Vault, developed by Thought Machine, is a cloud-native core banking and payments platform that offers banks control and flexibility in building and operating financial products and payment schemes. According to the vendor, Vault is designed for use by banks of various sizes, including Tier 1 multinationals, regional banks, and fintech companies. The platform caters to banking professionals, technology professionals in the banking sector, the financial services industry, fintech companies, and payment processors.
