Best Banking-as-a-Service Platforms in USA in 2025
Published: December 5, 2025 | Verified by: Ted Scheiman & Rob Watts
Executive Summary
We analyzed 5 solutions. Top Recommendation: Temenos Platform by Temenos scored highest due to Provides modular architecture with rich functionality and cutting-edge technology, enabling banks to customize solutions to their specific needs..
Content Verification
Evaluation Criteria:
Side-by-Side Comparison
| Feature | #1 Temenos Platform (Temenos) | #2 Infosys Finacle (Infosys Finacle) | #3 Core Banking Platform (Mambu) | #4 Vault Core (Thought Machine) | #5 Payments (J.P. Morgan) |
|---|---|---|---|---|---|
| Best For | Provides modular architecture with rich functionality and cutting-edge technology, enabling banks to customize solutions to their specific needs. | Designed to accelerate innovation-led growth with 2, 800+ enterprise implementations, providing modular architecture for banking operations. | Known for rapid adoption and flexibility for digital banking, offering subscription-based pricing model with 200+ enterprise clients. | Unique smart contract capabilities for product configurability and automation, allowing rapid deployment of new banking products and services. | Ranked #1 in the 2021 Coalition Greenwich Digital Banking Benchmark study for overall digital capabilities, with top honors in security, fraud prevention, monitoring, and usability. |
| Product Configurability & Time-to-Market | Highly configurable via the Extensibility Framework (extend APIs, data, events, processes) and composable/pre-composed services. (temenos.com) 120+ pre‑packaged products and 700+ pre‑configured APIs; build/test environments in 24 hours enable rapid MVPs. (temenos.com) Country Model Banks with localized, preconfigured functionality accelerate go‑lives; Exchange integrations further speed delivery. (temenos.com) | Composable, parameterized “product factories” enable on‑demand product setup, bundling, and multi‑entity configuration; agile delivery models accelerate speed to market. (finacle.com) Example: UFS completed end‑to‑end core and channels migration to Finacle SaaS on AWS in under five months; Bank of Sydney accelerates via Australia‑ready Reference Bank (preconfigured products/processes). (infosys.com) | Composable, API-first core with low-code configuration and pre-built parameters lets teams set up products without coding. Customers see 60, 80% faster time-to-market, launching MVPs in weeks and full digital banks in under six months. Pre-built connectors and ecosystem integrations reduce integration effort; some launches are up to 18 months sooner. (mambu.com) | Smart-contract product engine with parameter-driven logic lets banks configure any product and change rules instantly via API. A Product Library of preconfigured contracts is “ready for launch, ” and an SDK with out-of-the-box rules accelerates build/testing. Simulation verifies behavior pre-launch; preconfigured smart contracts help banks go live quickly. (thoughtmachine.net) | Configurable via modular APIs (Online Payments, Optimization & Protection) with choice of single API or prebuilt checkout; granular 3DS controls. (developer.payments.jpmorgan.com) Immediate sandbox access and credentials to test within minutes; mock/test/production environments and instant responses. (developer.payments.jpmorgan.com) Sales contact in about 2 days; typical onboarding 4, 6 weeks to go live. (developer.payments.jpmorgan.com) |
| Security & Regulatory Compliance | Certified: SOC 1/2 Type II, SOC 3; ISO 27001/27017/27018; CSA STAR Level 2 and Trusted Cloud Provider. (temenos.com) GDPR-compliant; aligns with FFIEC, EBA, FCA, APRA, OSFI, BaFin; secure SDLC (OWASP, SANS). (temenos.com) Regulatory modules: PSD2, FATCA, CRS, MiFID II, Basel. ISO 22301 BCMS; PCI DSS validated cloud infrastructure. (temenos.com) | Security-first SDLC with multi-layered controls; stated compliance with ISO/IEC 27001-27002, PCI DSS, FFIEC and COBIT. Finacle SaaS has enabled APRA CPS 234 compliance (Australian Military Bank). Privacy notices cite GDPR Standard Contractual Clauses for international data transfers. (finacle.com) | ISO 27001 and SOC 1/SOC 2 certified. (mambu.com) Multi-cloud hosting with regional options supports data residency. (cloud.google.com) Tenant-level audit trails via API aid compliance. (support.mambu.com) Granular access controls (password policies, session timeouts, IP allowlisting, lockouts, re-auth for critical actions). (support.mambu.com) Payments gateway supports AML screening for ISO 20022 credit transfers and integrates with third-party compliance tools. (mambu.com) | ISO 27001 certified; SOC 2 Type 2 accredited. Complies with GDPR and relevant data protection laws where it operates (e.g., US, Singapore, Australia). Governance aligns with EBA outsourcing guidelines, and APRA and MAS outsourcing expectations. Deployable across major clouds or on‑prem to meet regulatory/legal requirements. (thoughtmachine.net) | PCI DSS-aligned: tokenization, page encryption, hosted vaulting reduce scope. APIs secured via mTLS, digital signatures, and managed certificates. Supports 3‑D Secure for PSD2 SCA. Sanctions/KYC screening for merchants/sellers, with OFAC/EU sanctions compliance. Regional privacy controls and GDPR/EEA/UK data handling via Merchant Services policies. (jpmorgan.com) |
| API Coverage & Ecosystem Integration | Offers 700+ enterprise API endpoints via the Temenos Developer Community; API portal provides 30‑day sandbox keys. (archive.temenos.com) Partners integrate via Ecosystem APIs/adapters; Temenos Exchange adds 100+ pre‑integrated fintech solutions and developer sandboxes to accelerate integration. (developer.temenos.com) | API-first, event-driven suite: all capabilities exposed via REST APIs and webhooks, aligned to BIAN. Finacle API Connect offers prepackaged flows, identity/consent, and a unified API hub. Proven scale (e.g., ICICI 700+ APIs). Ecosystem via Finacle App Center/FinTech Connect. Deploys across AWS, Azure, and IBM Cloud for Financial Services. (finacle.com) | RESTful API v2 covers core banking (clients, accounts, transactions, GL); v1 retained. (api.mambu.com) Eventing via configurable Webhooks (retries, circuit breaker) and Streaming API for high‑volume, multi‑consumer feeds. (support.mambu.com) Payments API supports SEPA and IBAN mapping. (api.mambu.com) Ecosystem: partner marketplace/connectors (e.g., Marqeta); MPO and connectors being phased out. (ecosystem.mambu.com) | APIs: Core API (REST), Streaming API (Kafka events), Migration API (Kafka-based), and Posting API for financial movements. (thoughtmachine.net) Ecosystem: Integration Library (20+ validated partners, e.g., Backbase, Currencycloud, Google BigQuery). (thoughtmachine.net) Prebuilt integrations include Wise and Accenture’s Salesforce+nCino solution. (thoughtmachine.net) | APIs cover Online Payments, Optimization/Fraud (notifications), Treasury (Global Payments), Embedded Payments, Validation, and Blockchain Deposit Account Balances; with OAuth/mTLS and mock sandbox. (developer.payments.jpmorgan.com) Global Payments supports RTP, Zelle, Interac, push‑to‑card/wallet (ACH/wire in GP2 beta). (developer.payments.jpmorgan.com) Integrations include one‑API access to FedNow/TCH and Oracle/SAP ERP connectivity. (jpmorgan.com) |
TemenosCompany Information
Temenos is a global leader in banking software, providing best-in-class core banking solutions that empower financial institutions to innovate, scale, and exceed customer expectations. With a rich set of end-to-end banking capabilities, Temenos serves over 950 core banking and 600 digital banking clients across 150 countries.
"Breaking the Cloud Barrier to Core Banking"
Keywords
Description
Temenos is a global leader in banking technology, providing comprehensive banking solutions that help financial institutions modernize their operations and enhance customer experiences.
What They Do
Temenos provides banking software solutions that enable financial institutions to deliver modern, comprehensive banking services across various customer segments.
Who They Serve
Temenos serves banks and financial institutions globally, including retail, corporate, and wealth management sectors.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Key Pages
Navigation Links
Summary
Temenos Banking Platform is a comprehensive, modular platform that enables banks to modernize their core systems, deliver innovative solutions, and stay ahead of industry changes. It supports all banking segments and is built on over 30 years of continual innovation, offering a single code base and market-leading R&D.
Best For
Retail banks, Corporate and commercial banks, Wealth management institutions, Credit unions and community banks, Financial institutions seeking modernization and digital transformation
Key Features
- Modular solutions for progressive modernization
- Extensibility Framework for easy, secure customizations (APIs, data models, events, business processes)
- Automated testing and DevOps support
- AI capabilities including patented XAI and GenAI, deployment-agnostic
- Security standards with Secure Development Lifecycle, OWASP, SANS, and SOC2 compliance
- Regular, automated updates for continuous improvement
- Cloud-native and cloud-agnostic deployment (AWS, Azure, Oracle Cloud, Huawei Cloud, Google Cloud, SaaS)
- Centralized pricing and DevOps tooling
Key Benefits
- Reduces risks associated with core banking modernization
- Supports progressive transformation with modular solutions
- Centralized capabilities such as pricing and DevOps tooling
- Easy and secure customizations via the Extensibility Framework
- AI-infused for explainability, security, and safe deployment
- Compliant with international security standards and best practices
- Always upgradable with decoupled technology and functionality
- Cloud-native and cloud-agnostic, available on major cloud providers and SaaS
- Supports rapid diversification and adaptation to business, governance, or regulatory needs
Who Is It For
- Retail banks
- Corporate and commercial banks
- Wealth management institutions
- Credit unions and community banks
- Financial institutions seeking modernization and digital transformation
Geographic Availability
Temenos Banking Platform
One platform for banks who lead.
An evolving platform for an evolving industry
All our clients use the Temenos Banking Platform, benefiting from over 30 years of continual innovation. Our commitment to a single code base ensures that our market-leading R&D drives evolving banking functionality and enables our clients to work with modern technology and tools at any time. This combination helps banks to lead in their markets today and in the future.
Evolving technology for an evolving industry
Modular solutions, Extensibility Framework, AI infused, Security standards, Always upgradable, Cloud-native, cloud-agnostic.
- Modular solutions
- Extensibility Framework
- AI infused
- Security standards
- Always upgradable
- Cloud-native, cloud-agnostic
Drive progressive change with modular solutions
Our modular solutions aim to reduce the risks associated with core banking modernization, addressing transformation progressively. With centralized capabilities such as pricing, and DevOps-supportive tooling, the Temenos Banking Platform is the central hub for banks aiming to modernize quickly and securely, moving confidently towards a legacy-free environment.
Diversify rapidly and easily with the Extensibility Framework
We know that banks need to adapt solutions to meet their specific business, governance or regulatory needs. With automated testing, the Temenos Extensibility Framework enables easy and secure customizations. It allows clients and partners to extend APIs, data models, events, and business processes, making changes with less effort, and supporting DevOps practices.
AI for explainability, security and safe deployment
Temenos AI enables banks to adopt AI with explainability, security, and safe deployment. Our patented XAI and GenAI offerings are deployment-agnostic, enhancing efficiency and profitability, and designed to help you to deliver personalized customer experiences for all banking segments.
Secure banking that aligns with industry standards
The Temenos Banking Platform delivers secure software solutions, reflecting the “security everywhere” principle. Supported by our Secure Development Lifecycle approach, we apply international security methodologies and best practices such as OWASP and SANS. We also create, implement, and maintain security policies that comply with AICPA/SSAE18 SOC2 principles, supporting protection and adherence to industry standards.
Always upgradable to stay ahead of competition
We decouple technology and functionality, allowing you to upgrade your banking capabilities at your own pace while keeping up with evolving standards, including cloud-native technologies. With regular, automated updates, clients benefit from contemporary technology and functionality. With this future-proofed foundation, you can serve customers with evolving, packaged banking capabilities and easily upgrade to new technology across all deployment models.
Cloud native, cloud agnostic – primed for the cloud
As the banking industry accelerates its shift to the cloud, we continue to invest in cloud-native standards, delivering a platform with full banking functionality. It is available across various cloud platforms including AWS and Microsoft Azure, as well as Oracle Cloud, Huawei Cloud, and Google Cloud, in addition to SaaS.
- AWS
- Microsoft Azure
- Oracle Cloud
- Huawei Cloud
- Google Cloud
- SaaS
Real results
Customer testimonials from Commerce Bank, ABN AMRO, and Komerční Banka highlight the platform's ability to deliver innovation, stability, compliance, and advanced capabilities.
Latest resources
Fact sheets and reports on productivity, core capabilities, and sustainability.
- Workbench and Packager Fact Sheet
- Temenos Core Fact Sheet
- Sustainability Benchmark Report 2024
The future of banking starts here
Discover how our platform helps financial institutions navigate change, embrace new opportunities, and deliver smarter, faster banking. Together, we embrace the future of finance – Leading Banking Forward.
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Detailed Comparison
Product Configurability & Time-to-Market
Security & Regulatory Compliance
API Coverage & Ecosystem Integration
Infosys FinacleCompany Information
"Navigate your next"
Description
A global leader in next-generation digital services and consulting.
What They Do
Infosys offers consulting, technology, and next-generation digital services, including AI, cloud transformation, and digital supply chains.
Who They Serve
They serve clients across numerous industries globally, including financial services, healthcare, retail, and more.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Summary
Finacle provides a comprehensive suite of digital banking solutions, including core banking, digital engagement, corporate banking, payments, lending, cash management, and wealth management. It is designed to help banks modernize their operations, accelerate cloud adoption, leverage data and AI, and deliver superior customer experiences.
Best For
Retail banks, SMB banks, Corporate banks, Emerging and established financial institutions, Non-Banking Financial Companies (NBFCs)
Key Features
- Cloud-native and cloud-neutral deployment options
- Composable, microservices-driven architecture
- API-first and event-driven design
- Omnichannel digital engagement
- Integrated payments platform (ISO20022-native)
- Advanced security architecture
- Automation-first process design
- Integrated and seamless DevOps pipeline
- Robust data and AI foundations
- Configurable experience stack for contextual digital experiences
- Support for population-scale performance
- Support for open banking innovations
Key Benefits
- 33% higher returns on assets for Finacle customers
- 19% higher returns on capital
- 3.9 percentage points lower cost-to-income ratio
- Over 19% improvement in speed of servicing customers
- Over 16% improvement in digital sales
- Over 19% improvement in Net Promoter Score (NPS)
- Scalability, agility, and standardization for banking operations
- Seamless, always-on, and invisible payments experiences
- Rapid innovation and continuous delivery with Next-Gen DevOps and CI/CD
Who Is It For
- Retail banks
- SMB banks
- Corporate banks
- Emerging and established financial institutions
- Non-Banking Financial Companies (NBFCs)
Geographic Availability
Inspiring Better Banking
Finacle partners with financial institutions to inspire better banking through cloud-native solutions and SaaS services, enabling banks to engage, innovate, operate, and transform better.
- Better Technology to unlock new possibilities
- Engage Better with customers, employees, and partners
- Innovate Better to create new value
- Operate Better to reduce costs and be sustainable
- Transform Better to stay relevant to market dynamics
What Sets Us Apart
Finacle delivers meaningful impact for clients worldwide, with measurable improvements in returns, cost, speed, digital sales, and customer satisfaction.
- 33% higher returns on assets
- 19% higher returns on capital
- 3.9% points lower cost-to-income ratio
- Over 19% improvement in speed of servicing customers
- Over 16% improvement in digital sales
- Over 19% improvement in Net Promoter Score (NPS)
Technology
Finacle's technology stack includes composable architecture, configurable experience stack, event-driven and API-first approach, automation-first design, integrated DevOps, robust data and AI foundations, advanced security, and cloud-native/neutral deployment.
- Composable Platform
- Configurable Experience Stack
- Event Driven and API First Approach
- Automation First Design
- Integrated and Seamless DevOps
- Robust Data and AI Foundations
- Advanced Security Architecture
- Cloud Native and Cloud Neutral
Industry Recognition
Finacle is consistently recognized as a leader in digital banking, payments, core banking, and virtual account management by top industry analysts.
- Leader in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024
- Leader in Datos Matrix: Virtual Account Management Providers, 2025
- Leader in IDC MarketScape: Worldwide Integrated Bank Payment Systems 2024
- Leader in Omdia Universe: Cloud-based Core Banking, 2023
- Leader in IDC MarketScape: Corporate Loan Origination and Lifecycle Management 2025
Client Stories
Finacle has enabled leading banks worldwide to modernize operations, accelerate digital transformation, and deliver innovative customer experiences.
- Emirates NBD consolidated operations for scalability and agility
- A global top 5 bank accelerated payments transformation
- Union Bank of India launched WhatsApp-based personalized banking
- Bank CTBC Indonesia adopted Finacle Digital Banking Solution on Cloud
- Uniting Financial Services, Australia subscribed to Finacle SaaS Suite on AWS
Resources
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Detailed Comparison
Product Configurability & Time-to-Market
Security & Regulatory Compliance
API Coverage & Ecosystem Integration
Core Banking Platform
MambuCompany Information
"Core banking, born in the cloud"
Description
Mambu is a cloud-native banking platform that provides a composable approach to banking solutions. It enables financial institutions to create and launch banking and financial services quickly and with ease.
What They Do
Mambu provides a cloud-native core banking platform that allows financial institutions to quickly deliver and customize banking and financial services.
Who They Serve
They serve banks, fintechs, neobanks, telcos, credit unions, and lenders.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Summary
Mambu's Core Banking Platform is a cloud-native SaaS solution designed to enable financial and non-financial institutions to build, launch, and scale financial products rapidly. It offers a composable, configurable, and secure environment for delivering lending, deposit, and payment solutions, with robust integration capabilities and a proven track record of reliability and scalability.
Best For
Traditional banks, Neobanks, Fintechs, Lenders, Credit unions, Telcos, Other financial and non-financial institutions
Key Features
- Cloud-native SaaS architecture
- Composable and modular platform
- Configurable with low-code/no-code interface
- RESTful APIs, Webhooks, Streaming APIs, and open data for integration
- Full infrastructure management in the cloud (choice of cloud providers)
- Mission-critical reliability (change tolerance, continuous delivery, integrity, governance)
- State-of-the-art security and compliance (external certification, penetration testing, 24/7 incident response)
- Support for all types of lending (business, SME, personal, mortgage)
- Flexible deposit products (current, savings, term deposits, custom interest/fee options)
- Real-time, flexible payments (domestic, cross-border, instant, batch)
- Partner ecosystem for technology, cloud, and solution integration
Key Benefits
- Faster go-live (4 to 9 months, 60% faster than other providers)
- 98% project success rate
- 30,000+ possible product configurations
- +10 B2B NPS score compared to industry average
- ~60% fewer resources required to build and launch products
- Up to 50% cost savings on implementation, integration, customisation, infrastructure, and maintenance
- +24 points average customer revenue growth vs peers over 3 years
- Built for scale (institutions with 1M+ client accounts)
- Continuous delivery and near-zero downtime
Who Is It For
- Traditional banks
- Neobanks
- Fintechs
- Lenders
- Credit unions
- Telcos
- Other financial and non-financial institutions
Use Cases
- Lending (business, SME, personal, mortgage)
- Transactional banking and savings accounts
- Payments (domestic, cross-border, instant, batch)
- Banking-as-a-Service
- Buy Now Pay Later
- Embedded Finance
- Islamic Banking
Geographic Availability
Cloud banking platform
Mambu is the first cloud-native, software-as-a-service (SaaS) core banking platform created with scale, agility, ease of use and speed in mind, allowing you to build and deploy financial offerings, at scale.
Secure & compliant
The Mambu platform adheres to state of art security standards, verified and assured by an external certification body. Our commitment to security includes ongoing internal security assessments, external penetration tests conducted by security experts. We maintain robust incident response plans and have dedicated 24/7 on-call staff.
- Externally certified security
- Ongoing internal and external security assessments
- 24/7 incident response
Reliable
260+ customers work with Mambu’s cloud banking platform, and we ensure it behaves like the mission critical solution it is. We provide everything you need to keep your organisation up and running – built-in change tolerance, continuous delivery, near-zero downtime, full integrity and governance and more.
- Mission-critical reliability
- Continuous delivery
- Near-zero downtime
Future-proof
Break free from slow, single-release upgrades from monolithic platforms with continuous delivery for financial services, creating an ever-evolving, future-proof SaaS framework. Our composable approach allows you to swap independent elements again and again to deliver exceptional financial experiences, today and tomorrow.
- Continuous delivery
- Composable architecture
Configurable
Our feature-rich and highly flexible cloud-native platform enables financial and non-financial institutions to launch products fast. With over 30,000 possible product configurations and a low-code/no-code interface you can create financial products that cater to your specific needs without straining your resources.
- 30,000+ product configurations
- Low-code/no-code interface
Cloud-native
Mambu uses a modern cloud-native technology stack with composable components that are always-on, always accessible, and can scale infinitely and securely. RESTful APIs, Webhooks, Streaming APIs and open data provide best-in-class integration capabilities. We also fully manage your infrastructure in the cloud with your choice of cloud service providers for maximum performance, security, scalability and reliability.
- Always-on, always accessible
- Infinite scalability
- Best-in-class integration
Composable
Mambu’s approach to designing and delivering financial services is based on the rapid and flexible assembly of independent, best-for-purpose systems. Connect to your existing stack, and minimise vendor lock-in with the flexibility to iterate or adapt your architecture at any time with best-of-breed third-party providers.
- Rapid, flexible assembly of systems
- Minimise vendor lock-in
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Detailed Comparison
Product Configurability & Time-to-Market
Security & Regulatory Compliance
API Coverage & Ecosystem Integration
Thought MachineCompany Information
Thought Machine is a technology company that specializes in core banking software and cloud-native solutions. Their Vault platform provides banks with complete control to build and run any financial product or payment scheme they want, with features such as cloud-native design, configurability, and operational resilience.
"The foundations of modern banking"
Keywords
Description
Thought Machine is a technology company that provides cloud-native core banking and payments solutions, enabling banks to build and run any financial product or payment scheme they want. Their flagship products, Vault Core and Vault Payments, are designed to give banks complete control and flexibility in their operations.
What They Do
They provide cloud-native core banking and payments technology solutions for banks.
Who They Serve
They serve banks and financial institutions globally, including Tier 1 multinationals and smaller regional banks.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Key Pages
Summary
Vault Core provides banks with a flexible, cloud-native core banking system that allows for the creation, simulation, and management of any financial product using smart contracts. It includes a real-time ledger, a comprehensive product library, and a suite of APIs for integration and migration.
Best For
Banks, Fintechs, Financial institutions seeking to modernize or migrate from legacy core banking systems, Banks requiring support for complex, multi-currency, or innovative financial products
Key Features
- Universal Product Engine powered by smart contracts
- Developer-friendly smart contract code for product logic
- Product Library with ready-to-launch financial products
- Simulation tools for product performance
- Product SDK for building, testing, and managing products
- Real-time Ledger for data management and reporting
- Comprehensive set of APIs (Core API, Streaming API, Migration API, Posting API)
- Support for multi-currency, multi-bank, and complex banking operations
- Flexible product migration and versioning
- Real-time analytics and reporting
Key Benefits
- Complete flexibility and control in designing and building financial products
- Safe migration from legacy platforms without disrupting existing products
- Ability to simulate product performance before launch
- Real-time data streaming and reporting
- Support for multiple banks, currencies, and business lines on a single platform
- Cloud-native with flexible deployment options (SaaS, bank-hosted, hybrid)
- No reliance on vendor for product changes—banks control product logic
Who Is It For
- Banks
- Fintechs
- Financial institutions seeking to modernize or migrate from legacy core banking systems
- Banks requiring support for complex, multi-currency, or innovative financial products
Geographic Availability
Vault Core
Universal Product Engine provides unique flexibility and control in the design and build of new financial products by using smart contracts. Any product can be manufactured, from new innovative products, such as multi-currency accounts or bundled products, to replicating back book products created on legacy platforms. Enables safe migration of customers onto Vault Core from legacy platforms without disrupting their existing product set.
Smart contracts
Smart contracts use developer-friendly code to build any financial product. They give banks complete control over product logic, providing flexibility and power in the design and build of new innovative products and replicating their existing back book. All financial product creation and changes are abstracted away from the platform via a configuration layer.
- Logic of a financial product is fully encapsulated, transparent, and described in smart contract code
- Smart contracts are written in developer-friendly code, enabling flexibility of design while exposing common functions via the Contracts API
- Financial logic is executed automatically at account lifecycle events or at specific times through hooks
- Logic is driven by parameters, enabling highly configurable custom products
- Financial logic can be changed and updated instantly and on demand via API
Product Library
Vault Core comes with a full array of financial products already built, including market-standard products and innovative offerings. Supports Islamic banking and is shipped with a suite of base smart contracts. Product Library supports more than 30 countries.
- Mortgages: fixed-rate, variable-rate, tracker, offset, interest-only, repayment, remortgage, refinance, home equity, portable
- Loans: interest-only, home improvement, fixed-rate, bridging, car, personal, balloon, peer-to-peer, point-of-sale, renovation, education/student
- Deposits: current, EU classic, multi-currency, second chance, checking/transaction, savings, easy access, money market, high-yield, speciality, time/fixed-term
- Revolving credit: credit card, instalment line, charge card, balance transfer, revolving line
- Wallets: wallet, mobile wallet
- Shariah products: Shariah savings account
Simulation
Banks can simulate the performance of any financial product before launch. Simulation allows banks and customers to see product behavior over its lifetime, accessible via the Core API.
- Simulate smart contract behavior over its lifetime
- Accessible as part of the Core API
- Customers can simulate product performance, removing need for separate illustration tools
Product SDK
SDK allows banks to build, test, and manage their product portfolio with an excellent developer experience. Enables rapid product launch and maintenance.
- Product-as-code for any configuration
- Out-of-the-box library of reusable business rules
- Create multiple product versions from a single smart contract
- No-code migration between products
- Bulk modification of smart contracts
- Real-time analytics for products and regulatory reporting
Real-time Ledger
Vault Core's real-time Ledger gives banks complete control over data management. Strict separation between smart contract configuration and ledger. Supports any bank and product on a single ledger. All data is transmitted in and out in real time, providing rich data streaming for AI and reporting.
- Supports multiple banks, currencies, teams, branches, business lines
- Differentiates between ring-fenced and committed funds
- Flexible back-book migration and historical data ingestion
- No batch processing—transactions processed in real time
- Rich data streaming via Streaming API
Vault Core APIs
All functionality and data are exposed through standard APIs for control, granularity, real-time access, and integration.
- Streaming API: real-time events via Kafka
- Migration API: Kafka-based, optimized for legacy data migration
- Posting API: manages all financial movements on accounts
- Core API: REST APIs for integration with external applications
Hosting options
Vault Core is cloud-native and can be deployed in the cloud provider of the bank's choice. Offers SaaS, bank-hosted (public, private, hybrid), and private cloud deployments.
- SaaS: fully managed, minimal admin overhead
- Bank-hosted: public, private, hybrid environments (Azure, AWS, GCP, IBM)
- Hybrid: sensitive data in private cloud, rest in public cloud
- Private cloud: Red Hat OpenShift, AWS Outposts, Azure Stack, Google Anthos
Resources
Detailed Comparison
Product Configurability & Time-to-Market
Security & Regulatory Compliance
API Coverage & Ecosystem Integration
J.P. MorganCompany Information
J.P. Morgan is a global financial services firm that provides a wide range of financial services to corporations, institutions, and individuals. They offer solutions in commercial banking, institutional investing, payments, credit and financing, and investment banking.
Keywords
Summary
J.P. Morgan Payments is a global payments platform providing end-to-end solutions for commerce, receivables, cross-currency, working capital, blockchain, liquidity, and more. The platform is designed to help businesses of all sizes securely move money, access new markets, and leverage advanced technologies for growth and efficiency.
Best For
Corporates: Large multinationals seeking to simplify complex payments ecosystems., Financial Institutions: Banks and FIs seeking cost efficiencies, automation, and digital customer experiences., E-commerce Businesses: Online merchants requiring agile, resilient, and scalable payment solutions., Small and Medium-sized Businesses: Flexible payment acceptance, fast funding, and high security., Marketplace Operators: Platforms needing seamless payments to sellers., Fintechs: Partners seeking embedded finance and innovative payment methods.
Key Features
- Accept Payments: Card acceptance, automated receivables, digital bill payment, payment gateway, integrated receivables, remote capture, wallet solutions.
- Process Payments: Automated payables, payment facilitation.
- Manage Funds: Cash management, liquidity solutions, escrow services, commercial cards, analytics and insights, virtual account management.
- Send Payments: Domestic and cross-border payments, commercial cards, virtual cards, integrated payables, real-time payments (FedNow), developer portal.
- Embedded Finance: Banking-as-a-service, wallet, liquidity and account solutions.
- Blockchain Solutions: Kinexys ecosystem, Liink, Coin Systems, digital assets, blockchain launch.
- Safeguard Information: Trust and safety, risk assessment, fraud mitigation, global controls.
- Client Service: 24/7/365 global client support.
- Developer Platform: APIs and tools for integration and automation.
Key Benefits
- Global reach: Payments processed in 170+ countries and 120+ currencies.
- Scale: Nearly $10 trillion in daily payments processed.
- Advanced security and fraud mitigation.
- End-to-end payment ecosystem: Accept, process, manage, and send payments.
- Local expertise with 150 years of in-region experience.
- Continuous investment in technology and product development.
- Solutions for both large multinationals and small businesses.
- Seamless integration and automation via APIs and developer tools.
Who Is It For
- Corporates: Large multinationals seeking to simplify complex payments ecosystems.
- Financial Institutions: Banks and FIs seeking cost efficiencies, automation, and digital customer experiences.
- E-commerce Businesses: Online merchants requiring agile, resilient, and scalable payment solutions.
- Small and Medium-sized Businesses: Flexible payment acceptance, fast funding, and high security.
- Marketplace Operators: Platforms needing seamless payments to sellers.
- Fintechs: Partners seeking embedded finance and innovative payment methods.
Use Cases
- Accepting payments from customers globally.
- Automating payables and receivables.
- Managing liquidity and cash flow across multiple accounts and currencies.
- Sending domestic and cross-border payments.
- Integrating payments into digital platforms and marketplaces.
- Leveraging blockchain for secure, efficient transactions.
- Mitigating fraud and ensuring compliance.
- Providing real-time treasury and forecasting capabilities.
Geographic Availability
J.P. Morgan Payments: More Than a Payments Partner
J.P. Morgan Payments is positioned as a partner for commerce, receivables, cross-currency, working capital, blockchain, liquidity and more. The platform is designed to provide clarity and confidence over money movement for businesses.
The global shift rewiring finance
The future of payments is being written in code. Technology and finance are increasingly intertwined, with builders creating fast, frictionless, and secure technologies powering payments.
Rethink your payments platform
Secure your payments, facilitate capital transfers, manage your accounts, or find the answer to your unique challenge. J.P. Morgan invests billions every year into technology and product development to help your business thrive.
- Accept Payments
- Process Payments
- Manage Funds
- Send Payments
- Embedded Finance
- Safeguard Information
- Client Service
- Developer
We’re more than just a global bank
J.P. Morgan Payments solutions do more than process payments. They connect your business to the world, leveraging global scale and local expertise.
Payments do more than you think
Every payment is an opportunity for growth, optimization, and innovation, whether your business is a large multinational or a small business enterprise.
- Corporates: End-to-end payment solutions and virtual account structures.
- Financial institutions: Cost efficiencies, automation, and digital customer experience.
- E-commerce: Agile, resilient solutions like J.P. Morgan Wallet.
- Small and medium-sized businesses: Flexible acceptance, fast funding, high security.
Doing more for our clients
Case studies and client stories highlight how J.P. Morgan Payments helps clients like Paramount Pictures, Macy’s, and Caterpillar optimize payments, scale marketplaces, and manage working capital.
- Paramount Pictures: Streamlining global payments with cross-currency solutions.
- Macy’s Marketplace: Seamless payments to sellers.
- Caterpillar: Optimizing working capital and supply base resilience.
Insights with your business in mind
J.P. Morgan Payments provides insights and thought leadership on digital payments innovation, industry trends, and treasury management.
- Forecasting Payments
- Payments Unbound (bi-annual publication with WIRED)
- Saudi Arabia cash management
- Trends in Latin America
Rethink your payments
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Resources
Detailed Comparison
Product Configurability & Time-to-Market
Security & Regulatory Compliance
API Coverage & Ecosystem Integration
Our Ranking Methodology
How we rank these offerings
We ranked these Banking-as-a-service platforms in the USA based on three key factors: API Coverage & Ecosystem Integration (40% weight), Security & Regulatory Compliance (35% weight), and Product Configurability & Time-to-Market (25% weight). Temenos Platform scored highest because of its comprehensive API coverage, robust security certifications, and modular configurability, making it highly integrative and compliant with diverse regulatory environments.
Ranking Criteria Weights:
Frequently Asked Questions
- What are the typical costs and pricing models for Banking-as-a-Service platforms in the USA?
- In the USA, Banking-as-a-Service platforms generally operate on a subscription-based model, often with fees determined by usage, transaction volumes, and the specific services utilized. For instance, Mambu's Core Banking offers a cloud-native SaaS model that allows financial institutions to scale financially as their needs grow. Similarly, Vault Core provides cost-efficient pricing to enable innovation through its flexible, cloud-native infrastructure and suites of APIs. Pricing can vary significantly with the inclusion of advanced functionalities like AI-driven analytics and blockchain integrations as seen in J.P. Morgan Payments.
- What are the key selection criteria when choosing a Banking-as-a-Service platform?
- When selecting a Banking-as-a-Service platform, scalability, integration capabilities, and security are paramount. Platforms like Infosys Finacle highlight the importance of comprehensive digital solutions like core banking, data-driven insights, and cloud adaptability, which are crucial for modernization. Mambu emphasizes composability and a secure environment that allows rapid development and deployment of financial products, essential for institutions aiming to quickly respond to market changes. Therefore, assessing a platform’s ability to support rapid growth and integration with existing systems is critical.
- What industry standards and compliance requirements should Banking-as-a-Service platforms in the USA adhere to?
- In the USA, Banking-as-a-Service platforms must comply with stringent regulatory standards like PCI DSS, GDPR for data protection, and specific banking regulations under the guidance of entities such as the OCC and the Federal Reserve. Platforms like Temenos ensure compliance through continuous innovation and adherence to global regulatory standards, supporting banks to meet local compliance and reporting requirements. Maintaining adherence to industry standards is crucial to safeguarding data, maintaining customer trust, and avoiding legal repercussions.
- What are common implementation challenges for Banking-as-a-Service platforms, and how can they be mitigated?
- Common implementation challenges for these platforms include integration with legacy systems, data migration, and securing stakeholder buy-in. Mambu's cloud-native environment and robust APIs significantly alleviate integration woes by allowing seamless adaptation with existing technology. Additionally, Vault Core's real-time ledger and simulation capabilities assist in smooth transitioning by accurately modeling system behavior. Clear planning, stakeholder communication, and iterative testing are essential techniques to overcoming these challenges.
- How do Banking-as-a-Service platforms deliver ROI and value to financial institutions?
- Banking-as-a-Service platforms enhance ROI by reducing operational costs, accelerating product time-to-market, and enabling banks to tap into new revenue streams. For example, Infosys Finacle helps banks modernize operations, reducing overhead through efficient cloud solutions and AI integration, which also improves the customer experience. Meanwhile, platforms like J.P. Morgan Payments provide access to innovative payment solutions and cross-border services, allowing institutions to leverage global commerce opportunities for higher profitability.
Our Promise: We promise to deliver the highest quality company and offering data, free from sponsored bias. We compile data from across the internet, to give the most accurate and true rankings, according to our transparent algorithms.