Pathward, a U.S. bank, has selected Thought Machine’s core banking platform, Vault Core, as its foundational infrastructure to accelerate product innovation and expand financial access nationwide.
Vault Core advances the flexible architecture central to Pathward’s strategy, adding scale and speed to a foundation the bank has been building. Alongside Pathward’s own capabilities, this empowers its fintech, payment innovator and commercial partners to thrive, while expanding financial access to underserved markets.
“Updating our core infrastructure is central to how we continue innovating with speed, scale and discipline — work that has been underway for some time,” Charles Ingram, chief information and operations officer at Pathward, said. “Thought Machine’s Vault Core is a strong complement to the flexible, cloud-native strategy we’ve been building, strengthening our ability to put customers at the center of our work and better meet their needs in today’s market, while building the agility to anticipate what our partners, clients and consumers will need next. This is about creating a stronger foundation for responsible innovation and expanding access to financial solutions that can evolve with the market.”
Paul Taylor, founder and CEO of Thought Machine, added, “Pathward is an industry powerhouse that recognizes the next era of banking belongs to institutions that command their technical stack. By adopting a lean, real-time platform, Pathward is removing the structural boundaries that have historically slowed down financial services. Vault Core provides the exact precision and scalable infrastructure Pathward needs to deliver innovative solutions and drive financial inclusion across the U.S. ecosystem.”
