BCA Syariah partners Thought Machine to modernise Islamic finance


Indonesia-based Islamic banking services provider BCA Syariah has rolled out Thought Machine's cloud-native Vault Core platform.

Bank Central Asia subsidiary BCA Syariah has already launched multiple products on Vault Core, including Wadiah savings, a top-up e-wallet, and an online Hajj Fee Deposit service. The bank plans to introduce term deposit products and gold financing soon.Thought Machine says its Universal Product Engine — with its out-of-the-box Sharia-compliant products — allows BCA Syariah to quickly develop and customise a comprehensive suite of integrated products on a unified platform.Lukman Hadiwidjaja, director, BCA Syariah, says: "Our successful go-live marks an important milestone in our mission to contribute significantly to the development of Sharia banking in Indonesia."


By on Wed, 06 Nov 2024 07:00:00 GMT
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