Vault - 2026 Pricing, Features, Reviews & Alternatives

Vault is a cloud-native core banking and payments platform designed to give banks complete control and flexibility. The Vault platform was built from scratch without any legacy or pre-cloud code, leveraging the unique features of the cloud to provide horizontal scaling, continuous deployment, high availability, and self-healing capabilities.

The Vault platform's API-first architecture allows banks to connect to services and technologies from other vendors, while the configuration layer using smart contracts enables banks to build, test, and launch any financial product or payment scheme they can imagine. Vault supports a microservices architecture to provide an elastic, highly available, and flexible core banking system that scales based on load. Banks can deploy Vault on any cloud infrastructure provider or access it as a SaaS offering.

Vault Core is Thought Machine's cloud-native core banking platform that gives banks the power to run any product, from current and savings accounts to credit cards, loans, and mortgages. Vault Payments is the cloud-native payments processing platform designed to enable banks to handle all payment types, methods, schemes, and regions globally, seamlessly integrating new and existing financial products. Thought Machine's Vault platform is trusted by the world's leading banks, including JPMorgan Chase, Lloyds Banking Group, ING, and Intesa Sanpaolo.