Best Core Banking Technology Implementation for Small Bank - Mox Bank and Thought Machine.
The winning bank took a greenfield, cloud-native digital bank live with multiple retail products. It also built a secure, flexible platform made up of best-in-breed solutions that could be deployed quickly. The bank extended its product launch plans, enabling the delivery of new products to market in a fraction of the time of previous approaches. Furthermore, the project made extensive use of open source and cloud-native technologies to ease deployments and efficiently use resources. The bank saw an increase in its customer base by 50% in four months to 300,000 customers in April 2022.
The award for Best Core Banking Technology Implementation for Small Bank goes to Mox Bank and Thought Machine.
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