Choosing digital banking software? Compare both
Thought Machine's Vault core lets banks define financial products as code through smart contracts, giving very deep flexibility for institutions that can operate it. SecurePaymentz is a banking platform you design online first — pick the modules, brand it, connect the rails, and our engineers build, host and run it with you. Here is an honest side-by-side.
Design it online · we build, host and run it
See the banking platform in action
Play with the interactive demo right here — accounts, transfers, cards and settings — the same interface your customers and operations team would use. No download, no signup.
Design it online, we build and run it
Best for operators who want a modern platform, real rails and a team behind it.
- Design your platform in the browser before you commit — brand, modules, screens
- Accounts, transfers, cards, merchant APIs and prepaid programs as modules
- Connections directory: banks, PSPs, card issuers and merchant APIs by country
- Managed hosting, updates and monitoring — no server team required
- Dedicated implementation engineer and support tickets inside your dashboard
- Custom quote based on your volume, rails and compliance scope
Cloud-native core with code-defined products
Best for banks that want to define products in code and have the engineering depth to do it.
- Cloud-native core where products are defined as code
- Very high flexibility for bespoke product logic
- Targeted at tier-one banks and well-funded challengers
- Requires strong platform engineering and DevOps capability
- Enterprise commercials and structured implementation
- Surrounding channels and rails integrated separately
Feature and delivery comparison
The differences that actually change your launch date and your monthly cost.
| What matters | SecurePaymentz | Thought Machine |
|---|---|---|
| Try before you buy | Design your platform online and see a live preview of your own build | Enterprise evaluation and sandbox |
| Commercial model | Custom quote: setup plus monthly, scoped to your modules | Enterprise subscription |
| Hosting | Fully managed by us, or your own cloud if you prefer | Vendor cloud or your cloud |
| Bank and PSP connections | Built-in directory of banks, merchant APIs and card issuers by country | Integration work by your engineering team |
| Card programs | Prepaid, Visa and Mastercard programs available as a module | Separate card processor integration |
| Changes after launch | Request changes from your dashboard; engineers pick them up | Your engineers write and deploy contracts |
| Support | Ticketing built into your account, plus WhatsApp and email | Enterprise support |
| Team access | Invite partners with roles from your dashboard | Platform-level access control |
When Thought Machine is the better choice
We would rather you pick right than pick us. Consider Thought Machine if bespoke, code-defined product logic is a competitive advantage for you and you employ the engineers to build and run it.
When SecurePaymentz fits better
Choose SecurePaymentz if you want to see and shape the platform before you spend, you need banks, merchant APIs and card programs connected for you, and you would rather have a team that builds, hosts and keeps it running than hire one. You describe the platform, we deliver it.
Questions people ask us
Are you affiliated with Thought Machine?
No. Thought Machine is an independent product of its owner and all trademarks belong to them. This page is our own comparison, based on publicly available information, to help you evaluate options.
Can I migrate from Thought Machine or another platform?
Yes. We regularly take over from an existing platform: we map accounts, balances, users and history, run both systems in parallel, then cut over.
How much does SecurePaymentz cost?
Pricing depends on the modules, rails and compliance scope you need. Design your platform online, request a quote, and our team prices the setup and monthly fee for you.
How fast can we launch?
Timelines depend on your licences and banking partners. Once rails are agreed, a branded platform with accounts, transfers and cards typically moves in weeks, not quarters.
Look inside the banking platform
Do not take our word for it — open the product, walk the modules and see the real screens before you talk to anyone.
Open the banking dashboard
Accounts, treasury, cards and settings — the actual interface your customers would use.
Open the demo → ModulesFeatures and capabilities
Accounts, transfers, card programs, merchant APIs, compliance tooling and admin controls.
See all features → CostPricing and what drives it
How setup, modules, rails and compliance scope shape your setup fee and monthly cost.
View pricing → TechnicalDocumentation and APIs
Integration model, API surface and how connections to banks and PSPs are wired up.
Read the docs → TeamWho builds and runs it
The engineering team behind the platform, how we implement, host and support it.
About us → AnswersHelp center
Common questions on licensing, migration, launch timelines and ongoing support.
Get answers →Compare other banking software vendors
Evaluating a shortlist? Read the other side-by-sides.
Not sure which one fits? Send us your use case, countries and volumes. We will tell you honestly whether SecurePaymentz is the right call — and what it would cost.
Talk to an engineer