Tagged: vault

Netherlands: Digital Asset Firm Amdax’s Vault Passes ISAE-3000 Type-1 Audit, Conducted by Grant Thornton and Deloitte

Amdax‘s vault is reportedly among the first crypto service providers in the EU to achieve the  ISAE-3000 Type-1 audit, conducted by accountancy firm Grant Thornton and assisted by Big-Four consultancy firm Deloitte. Amdax, the crypto-asset custodian and asset manager, is confirming that it is “the… Read More

Digital Banking: Al Rajhi Bank Malaysia Chooses Thought Machine to Build Islamic Virtual Bank

Al Rajhi Bank Malaysia (ARBM), a wholly-owned subsidiary of one of the world’s largest Islamic banks in terms of assets, Al Rajhi Bank of the Kingdom of Saudi Arabia (KSA), has chosen Thought Machine, the Cloud native core banking tech company, in order to power… Read More

Monese to Adopt Thought Machine’s Core Banking Platform Vault

  Pan-European banking service Monese announced on Monday it will adopt Thought Machine’s cloud-native core banking platform, Vault. Monese reported it will migrate its existing customer base onto the Vault platform, as it focuses on strengthening the company’s core technology platform and its banking infrastructure…. Read More

Fintech Firm Thought Machine, a Core Banking Tech Provider, Secures $42 Million in Additional Capital as Part of $125 Million Series B

Thought Machine, a core banking technology firm, has acquired an additional $42 million in capital as part of its massive Series B round – which brings the total funds raised during the round to $125 million. Thought Machine had secured $83 million via the Series… Read More

Thought Machine’s Core Banking Platform Vault Now Runs on Every Major Cloud Infrastructure

Thought Machine, a company that builds cloud-native tech for banks, announced on Monday its core banking platform Vault now runs on every major cloud infrastructure provider including Google Cloud Platform, Amazon Web Services, Microsoft Azure, and IBM Cloud. Founded in 2014, Thought Machine is the… Read More

Swedish Financial Group SEB and UK Fintech Thought Machine Form Partnership on Banking Platform

UK-based Fintech Thought Machine has partnered with Swedish financial group SEB. The agreement will see SEB’s innovation studio SEBx deploy Thought Machine’s cloud-native banking platform, Vault. Though Machine has already secured partnerships with Atom bank, IBM and a major UK bank – last year securing… Read More

Going Crypto: MIT Creates a Better Bitcoin with Vault

The Massachusetts Institute of Technology (MIT) has always been an active participant in the crypto industry but typically this engagement has been more in the form of commentary. This week, researchers at MIT have dived into crypto by creating the ability to build a better… Read More

Acorns Unveils New Retirement Account Product “Acorns Later”

Following its acquisition of Portland-based fintech Vault, micro-investing app Acorns announced the launch of its new retirement account product, Acorns Later. According to Acorns, the Acorns Later product is designed to work in the background of life, automatically recommending a retirement account and portfolio for customers. While sharing… Read More

Dynatrace Acquires Global Regtech Startup Qumram

Last week, Dyntrace announced it has acquired Plug and Play Fintech alum and global regtech, Qumram. Dynatrace reported that with the addition of Qumram’s tech and intellectual property it will further expand its digital experience capabilities by providing the ability to visually replay a user session with… Read More

Acorns Acquires Retirement Fund Services Vault

Micro-investing app Acorns has acquired retirement fund services Vault and is planning to launch new retirement accounts. Vault is now called Acorns Later. While sharing details about the acquisition, CEO of Acorns, Noah Kerner, and CEO of Vault, Randy Fernando, stated: “By staying true to its mission… Read More

First Ever Meeting of Top Atlanta Startups at The Ignition Project

The Ignition Project joins promising entrepreneurs and accomplished angel investors for the long term.  From start up to growth and exit, the initiative wants to ignite extraordinary startup growth. Last week angel firms came together with top Atlanta entrepreneurs for the first-ever meeting of The Ignition… Read More

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