Technology solutions company Unisys has partnered with Thought Machine to enhance branch and core banking technology.
The collaboration brings together Unisys’s branch technology and Thought Machine’s Vault Core platform to create an “end-to-end” solution for banks.
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The integrated solution is designed to streamline bank operations, reduce customer wait times, and improve the overall client experience.
It leverages AI and advanced security features, such as biometrics, to meet the evolving needs of the financial industry.
Banks adopting this solution will be able to offer “smart branches,” ensuring secure and customer-centric services, stated Unisys.
Unisys vice president of solution management for Enterprise Computing Solutions Sean Tinney said: “Our integration with Vault Core is giving branch banking a turbo boost. Together, we’re not just upgrading the tech; we’re opening the door to a whole new way of doing branch banking.
“Think of it as branch banking 2.0 – faster, smarter, and more secure – using AI and advanced security technology to help our clients stay ahead of the industry’s evolving needs and handle sensitive transactions securely.”
Thought Machine’s Vault Core platform is a cloud-native core banking and payments technology that is used by various financial institutions worldwide.
The platform is adopted by banks such as Intesa Sanpaolo, ING Bank Sląski and Lloyds Banking Group.
Last month, Unisys introduced a Post-Quantum Cryptography (PQC) assessment as part of its cybersecurity portfolio, aiming to help organisations address future quantum threats.
Unisys offers an inventory and analysis of an organisation’s cryptographic environment, identifying vulnerabilities and recommending security improvements.
