Nocashevents Vacuumlabs and Thought Machine announce global strategic partnership to transform banking worldwide. Vacuumlabs is coming to Banking 4.0.

Vacuumlabs and Thought Machine announce global strategic partnership to transform banking worldwide. Vacuumlabs is coming to Banking 4.0.

Vacuumlabs, the global provider of full-stack fintech solutions, recently announced a global partnership with Thought Machine, the cloud native core banking technology company, following the two firms’ successful cooperation in Asia.

Vacuumlabs recently completed the first-ever installation in Asia of Thought Machine’s core banking engine Vault. „

„This significant project has enabled a new virtual bank to launch in Hong Kong – along with Asia’s first numberless payment card. The bank went from initial licensing to market deployment in just 18 months,” according to the press release.

Thought Machine’s technology and Vacuumlabs’ expertise provided this new bank with unparalleled security, scalability, flexibility and availability. The Vacuumlabs team of specialist engineers worked both remotely and on-site throughout the build to lead the installation.

Vacuumlabs has a well-established track record in supporting those companies and brands that accelerate change in global financial services and make up this ecosystem.

Vacuumlabs and Thought Machine also launched the report Building a digital bank in August 2020, providing practical insights on how to future-proof any bank with modern cloud native technology.