FF News Logo
Thursday, August 13, 2026

Breaking News

Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation CLS Appoints Six New Board Directors Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World SumUp Launches in Canada European Fintech Association Elects New Board of Directors G+D: Navigating the Future of Fintech Agility and Innovation Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements EXCLUSIVE: “Keeping The Rubber on Track” – Nick Kerigan, Swift in ‘The Fintech Magazine’ Megadeals Are Back. Here’s Why J-P Conte Thinks Patient Capital Still Wins. A New Way to Get Paid: Modulr Adds cVRP to Its Collections Hub DIFC Future of Finance Report: Digital Native, AI Driven Challenger Banks Redefining Banking Models, Signalling Industry’s Biggest Shift Since 2008 UK Financial Institutions Look to Decade of AI-Driven Growth as Confidence Strengthens LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan

June 20 2025

Tuum: Powering Modular Core Banking for the Digital Age

Share this post:

Share on LinkedIn Share on WhatsApp

At Money20/20 2025, Myles Bertrand, CEO of Tuum, discusses how banks have spent the last few years focusing on making the customer experience better and dealing with compliance issues like KYC and onboarding. However, when it comes to updating their core banking systems banks have hesitated and replacing these systems can be a huge challenge, which mostly leads to delays in changes that are really needed.

Instead a complete overhaul, Bertrand says the industry is now leaning towards a modular, step-by-step approach. Banks are opting to roll out specific new products or services like a digital card or a loan platform using modern infrastructure instead of trying to change everything at once. This way, they lower the risk and can quickly show value.

Tuum’s platform is built around five main modules: cards, payments, lending, transactional accounts, and general account services and many of their clients start with just one module to tackle a specific issue. Then, they expand from there what Bertrand calls a “land and expand” strategy.

He shared an example of a large traditional bank that had two outdated core systems and struggled to launch a new consumer lending product. Their innovation team teamed up with Tuum, and in just 12 months the large traditional bank managed to launch the new product using Tuum’s platform.

Bertrand’s comments show a bigger change in banking: moving from big revolutions to continuous evolution. Instead of taking big risks with core system overhauls, banks are choosing to innovate in smarter ways. It’s a more agile, customer-focused model, and Tuum is right in the thick of that change.

People In This Post

Myles-Bertrand

Myles Bertrand

Tuum

Companies In This Post

Tuum
  1. Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation

    Banking Transformation Summit 2026

     Read more
  2. CLS Appoints Six New Board Directors

    Hiring

     Read more
  3. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World

    Fintech

     Read more
  4. SumUp Launches in Canada

    News

     Read more
  5. European Fintech Association Elects New Board of Directors

    Hiring

     Read more
More On