Unisys Partners with Thought Machine to Advance Branch Banking with Cutting-Edge Features
Rhea-AI Summary
Unisys (NYSE: UIS) has formed a strategic partnership with Thought Machine to deliver enhanced core and branch banking solutions. The collaboration integrates Unisys's advanced branch technology with Thought Machine's cloud-native core banking platform, Vault Core.
The digital-first solution leverages artificial intelligence and advanced security features, including biometrics, to streamline bank operations, reduce queue wait times, and enhance security. Key features include trusted transaction processing and the ability to provide branch banking services outside traditional premises.
The partnership aims to enable banks to implement 'smart branches' that deliver secure, efficient, and customer-centric services, positioning them to offer an all-in-one solution that improves service quality and client satisfaction.
Positive
- Strategic partnership with cloud-native banking technology company enhances product offering
- Integration of AI and advanced security features strengthens competitive position
- Expansion into smart branch banking solutions opens new market opportunities
Negative
- No financial terms or revenue impact disclosed
- Implementation timeline and costs not specified
News Market Reaction 1 Alert
On the day this news was published, UIS gained 0.88%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The enhanced digital-first solution streamlines bank operations, boosts security and improves client satisfaction
This market-leading solution integrates advanced branch technology from Unisys with Thought Machine's next-generation core banking platform, Vault Core, and leverages artificial intelligence (AI) and advanced security features, such as biometrics, to meet the needs of the evolving financial industry. With this integrated solution, banks will be uniquely positioned to provide clients with an all-in-one offering that streamlines processes to enhance service quality.
"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," said Sean Tinney, vice president of solution management for Enterprise Computing Solutions at Unisys. "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."
By integrating advanced technologies, Unisys offers banks the ability to advance "smart branches" that ensure secure, efficient and customer-centric services.
Click here to learn more about Unisys and Thought Machine's branch banking solution offerings.
About Thought Machine
Thought Machine has developed the foundations of modern banking with its cloud-native core banking and payments technology. Its cloud-native core banking platform, Vault Core, is trusted by leading banks and financial institutions worldwide, including Intesa Sanpaolo, ING Bank Śląski, Lloyds Banking Group, Standard Chartered, SEB, Lunar, Atom bank, Curve and more.
Thought Machine is a global team spread across offices in
For more information, visit thoughtmachine.net
About Unisys
Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions – cloud, AI, digital workplace, logistics and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what's possible for more than 150 years, visit unisys.com and follow us on LinkedIn.
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Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.
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SOURCE Unisys Corporation