Thought Machine thinks up new core banking software

Home » Region » UK » Thought Machine thinks up new core banking software Thought Machine thinks up new core banking software 13 July, 2016 Written by Antony Peyton Print Email Paul Taylor, CEO of Thought Machine UK-based start-up Thought Machine has emerged from two years in stealth mode with a new cloud-based core banking software, VaultOS. The company was founded by a core of ex-Googlers, and VaultOS was built from the ground up. The system was created with private blockchain-style technology and has cryptographic ledgers for “watertight” security. Paul Taylor, CEO of Thought Machine, says: “People have suffered for too long from the archaic software banks are built on and their CIOs stay awake at night worrying if these systems will cope with one more day. It’s time for new ideas, built with today’s technology.…


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