Digital banking platform in the United States, HMBradley, that promises to reward customers for saving and good financial behavior, has implemented Thought Machine’s cloud-native core banking system.
HMBradley has also partnered with New York Community Bank, a division of Flagstar Bank, which will maintain customer deposit accounts for the FinTech. The agreements allow HMBradley to open new accounts after more than 16 months while also removing its waitlist.
According to Thought Machine, HMBradley can switch from batch transaction processing done overnight to real-time ledger capabilities, which opens up opportunities for delivering more cutting-edge features, better financial insight, and shorter time to market.
Read More: HMBradley signs for Thought Machine platform