Thought Machine and Form3 Team on Real-Time Payments in US and Europe

Thought Machine has enlisted cloud-native account-to-account platform Form3 to add FedNow, TCH RTP and Sepa Instant Credit Transfer connectivity to its payment platform.

Thought Machine's Vault Payments is a cloud-native and API-enabled platform designed to simplify payment processing for banks.

Through the integration of Vault Payments with Form3's account-to-account platform, clients can harness the configuration capabilities of Thought Machine in conjunction with Form3's direct connections to various payment schemes.

Both platforms are cloud-native and both natively support ISO 20022 messaging standards.

Paul Taylor, CEO, Thought Machine, says, "We are delighted to partner with Form3, marking a significant step towards realising our vision of a truly Universal Payment Engine."

(Source: Finextra)