UnionDigital Bank deploys Thought Machine Vault Core

UnionDigital Bank announced Core banking technology partnership with Thought Machine on November 2, 2022.

Primary

UnionDigital Bank

Counterparty

Thought Machine

Structure

Core banking technology partnership

Date

November 2, 2022

Sub-sector

Neobank

Deployment of cloud-native core banking engine enables rapid product innovation and API-driven integration for Philippine digital banking expansion.

Primary company

UnionDigital Bank

Counterparty

Thought Machine

Amount

Not disclosed

Event date

November 2, 2022

Sub-sector

Neobank

HQ

Not disclosed

Structure

Core banking technology partnership

Source published

November 2, 2022

Publisher

Business Wire India

Source: itnewsonline.com