Thought Machine Collaborates with Form3 to Enhance Real-Time Payments in the US and Europe

London-based fintech company, Thought Machine, has announced a strategic partnership with Form3, a cloud-native account-to-account platform, to expand its payment processing capabilities in the US and Europe, according to Finextra news. The collaboration aims to integrate FedNow, TCH RTP, and Sepa Instant Credit Transfer connectivity into Thought Machine’s payment platform, known as Vault Payments.

Vault Payments, designed as a cloud-native and API-enabled solution, is tailored to streamline payment processing for banks. By joining forces with Form3, a platform known for its direct connections to various payment schemes, clients can take advantage of Thought Machine’s powerful configuration capabilities within a seamless environment.

Both Vault Payments and Form3’s account-to-account platform are cloud-native and inherently support ISO 20022 messaging standards, ensuring interoperability and efficiency in cross-border transactions.

Paul Taylor, the CEO of Thought Machine, expressed his enthusiasm about the partnership, stating, «We are delighted to partner with Form3, marking a significant step towards realizing our vision of a truly Universal Payment Engine.»

This collaboration between Thought Machine and Form3 represents a promising development in the financial technology sector, enabling banks to offer faster and more secure real-time payment solutions to their customers in the US and Europe. The integration of these advanced technologies brings us closer to a future where seamless cross-border payments are the new standard in the banking industry.

Other articles
Financing Trends Shaping the Auto Industry in 2025
The Hidden Risks of AI-Generated Code in Banking Systems
Spendesk Adopts Dust’s AI Platform to Enhance Security and Efficiency
Klarna Expands BNPL Services to eBay Shoppers in the US
Can Embedded Finance Help Neobanks Outperform Traditional Banks?
Google Deploys AI to Wipe Out Half a Billion Scam Ads in 2024
MoneyGram and Plaid Join Forces to Deliver Seamless, Secure Global Payments
The Rise of AI and ML in Modernizing KYC Compliance
Embedded Finance: Will It Overtake Standalone Banking Apps?
2025 Report: Drivers Demand Seamless In-Car Payment Systems, Willing to Pay for Convenience
How AI and Technology Are Reshaping Finance in 2025
What’s Fueling the Surge in Embedded Finance Adoption?
Bank of England Warns of AI Risks to Financial Stability
Jamie Dimon Warns of FinTech Threat as Consumer Payments Become Banking’s New Battleground
Mercedes-Benz Introduces In-Car Fingerprint Payment with Mercedes pay+