10x Banking and ezbob partner to accelerate SME lending launches for banks. * Lending * 03.11.2026 11:04 am 10x Banking, the 4th-generation core banking platform powering some of the world's largest financial institutions including Westpac and Chase UK, today announces a partnership with ezbob, a lending technology company who has worked with the likes of NatWest and Metro Bank. The partnership brings together ezbob's lending-orchestration platform with 10x's modular core and ledger to enable banks to launch SME lending products in weeks rather than months, and with less risk. SMEs are the backbone of the UK economy, accounting for 99.9% of all private businesses, yet SME lending remains one of the most persistent digital experience gaps in UK financial services. Incumbent banks have fully digitalised and automated simpler retail journeys such as current account onboarding and smaller personal loans, but SME lending is materially more complex. Attempts to close that gap have stalled because systems built on workflow tools or legacy cores move a process through internal steps without creating a connected customer journey, and become costly to operate. The new partnership sees ezbob provide the end-to-end lending solution, orchestrating onboarding, application, credit decisioning and AI agents. 10x provides the modular core and ledger capabilities needed to define and operate the lending product and maintain an accurate financial system of record. Open integration allows specialist components to be connected without forcing a bank into a single closed suite, and shared components can be reused to add further lending products rather than building a new silo each time. Overall, this will give banks the ability to launch new SME lending products in weeks rather than months, significantly reducing go-to-market and time-to-value. ezbob brings substantial experience in the segment. Lending products built on its platform have gone live in as little as six weeks, enabling 90%+ of applicants to complete an application in under five minutes and automating 94% of approvals. This, combined with the reusability of existing components and an AI-first deployment methodology, has enabled banks and financial institutions to further reduce time-to-market when launching subsequent products on the platform. The partnership starts in the UK, and in SME lending, where there is a wide digital experience gap. The companies intend this as the first step in a global partnership, extending to further markets and lending lines over time. Okan Ozaltin, Chief Product & Technology Officer, 10x Banking, said: "Banks are too often asked to choose between a broad suite that is difficult to adapt and a collection of point solutions that never quite connect. Neither gets a lender to market quickly. Bringing our core and ledger together with a specialist origination platform gives them a faster, lower-risk route to market, and the flexibility to keep evolving itafterwards. SME lending is where customers can get the most value, which is why we are starting there." Yaron Shoshani, Chief Technology Officer, ezbob, said: "We built ezbob to digitise the lending journey itself, rather than automate an internal process on top of systems that were never designed for it. Pairing that with a tier-one bank-grade core means a lender can launch a complete SME product, automate decisions where policy allows, and reuse the same components to add further lending products instead of building a new silo each time."

10x to power Tungsten's embedded payments push. October 16, 2026 10x Banking has announced a new partnership with Tungsten Automation. The agreement will see 10x provide the core ledger for Tungsten Pay+, a new embedded payments proposition that Tungsten will launch in 2027. The solution will see Tungsten extending its market-leading AP capabilities into a full invoice-to-pay solution. Pay+ automates pay runs, applies controls, routes payments and streamlines reconciliation. It uses approved invoice data to build runs, select supplier payment methods and link each transaction to its invoice. Pay+ connects selected payment and fintech providers in one intelligent, ERP-agnostic orchestration layer. Beyond 10x Banking, partners include Currency Cloud, Adyen, MasterCard and Highnote. It delivers customers access to specialised capabilities without tying them to one payment method or provider. The integration is the first time that the 10x Banking solution will be deployed in organisations that are not regulated financial institutions. It will mean that with a single partnership, 10x Banking can significantly increase its market reach. Importantly, as an embedded finance OEM solution, it is Tungsten's marketing that will back any growth. The potential is huge: Tungsten has more than 25,000 customers worldwide, far more than 10x Banking, and Tungsten will hope to extend its Pay+ across some of those. Olly Richards, SVP, Commercial & Strategy, 10x Banking, said: "Our technology was built for the world's largest banks and this partnership with Tungsten Automation shows it can do far more than power traditional banks and building societies. "Tungsten already owns the invoice and customer relationship, by embedding our ledger into Pay+, it can extend that into payments without becoming a bank itself. That is the promise of embedded finance, and the fact that the whole thing was deployed and integrated by AI shows how quickly it can now be done." How pay+ works. Pay+ operates as an intelligent payment orchestration layer that automates the entire accounts payable (AP) payment lifecycle after invoices are approved. It functions across five core stages: * Transforms validated invoice data into a structured "payment passport," * Optimizes payment paths by balancing business rules, costs, and supplier preferences (such as ACH, virtual cards, or wires), * Orchestrates execution across regulated financial partners across the Tungsten network, * Enforces built-in controls and compliance checks, * Reconciles transactions automatically back to the enterprise resource planning (ERP) system of record. 10x Banking fits into this ecosystem as an ecosystem partner and cloud-native, event-driven core banking platform. By integrating advanced core banking capabilities - such as a real-time ledger, scalable transaction infrastructure, and robust API connectivity - into Tungsten's ecosystem, 10x Banking helps power the underlying financial architecture and movement of funds. It records every transaction across the Pay+ ecosystem in real time, enabling reconciliation to function seamlessly and ensure period-end reconciliation backlogs are minimised. This allows Pay+ to seamlessly connect corporate finance workflows with enterprise-grade banking back-bones, ensuring high throughput, real-time visibility, and secure multi-currency transaction processing. With the 10x Banking system hosted without the Tungsten operation it gives Tungsten full control over both the payments data and infrastructure. 10x Banking is helping Tungsten with the initial delivery. Supported by AI, a four person team helps to deploy 10x Banking within the Tungsten architecture in under three months. Tungsten engineers leverages an AI agent to complete the process. Where Pay + stands. Established accounts payable platforms already connect invoice processing with payments, but they position their offerings differently. Coupa Pay combines invoicing, payments and liquidity, using enriched invoice data to automate reconciliation. Tipalti emphasises supplier onboarding, global payments and compliance across entities, currencies and payment methods. BILL targets accessible end-to-end automation through accounting integrations and its vendor network. While SAP Taulia links ERP-led payables with virtual cards, dynamic discounting, supply-chain finance and working-capital optimisation. Pay+ enters this market as an ERP-agnostic orchestration layer rather than a closed payment stack. Tungsten can use approved invoice and supplier data to select the appropriate provider, rail and payment method across its partner network. This approach gives customers specialised capabilities without binding them to a single provider. The 10x Banking ledger provides the main point of differentiation. Embedded within Tungsten's infrastructure, it records transactions in real time and attaches details such as provider, rail, payment category and charges. That consistent record should support faster, context-rich reconciliation while giving Tungsten greater control over its payments data and infrastructure. Together, Pay+ and 10x combine Tungsten's established invoice relationships with bank-grade ledger technology. The proposition could offer more flexibility, data control and extensibility than tightly integrated end-to-end platforms. Its advantage will depend on provider coverage, ERP connectivity, exception handling and evidence that customers achieve better reconciliation outcomes. Andrew Ng, Head of Payments and Embedded Finance, Tungsten Automation, said: "Finance teams trust Tungsten with their invoices, and Pay+ extends that trust to the payments that follow. "Tungsten intends to lead embedded payments in invoice-to-pay, bringing automation, orchestration and reconciliation into a single flow. That ambition demands infrastructure built to the standard of the world's largest banks, which is why we chose 10x." Enterprise times: what this means. Pay+ could give finance teams faster reconciliation and give CFOs clearer insight into cash and closing processes. However, buyers must assess coverage, exception handling, ERP integration, resilience, liquidity features and measurable returns. The partnership helps 10x prove its ledger beyond banking and lets Tungsten expand into financial workflow orchestration. Both companies now face greater operational accountability. Investors should track adoption, transaction volumes, partner growth, launch timing and evidence that Tungsten can repeat its AI-led implementation approach. The architecture that Tungsten has built by embedding 10x Banking is notable. It means that as 10x Banking improves its solution. Tungsten may be able to take advantage of these future enhancements, though not all. It will be interesting to see what the roadmap around the 10x Banking core ledger consists of in relation to Pay+ and how it can help Tungsten market the product going forward. A commercial impact cannot be judged until Tungsten discloses launch coverage, customer adoption and independently verifiable operating results.

CortixIQ releases 2026 Software Intelligence Matrix(TM) for Corporate Banking Platforms in Europe. October 13 16:30 2026 CortixIQ Corporate Banking Platforms Software Intelligence Matrix(TM) 2026 - Europe-Focused, comparing 15 platforms across Product Strength and Usability. New CortixIQ research evaluates 15 corporate banking technology platforms across Product Strength and Usability, identifying Top Performers, Advanced Solutions, Focused Players and Emerging Solutions. Bee Cave, United States - October 13, 2026 - CortixIQ Global Intelligence, an independent software and technology research firm, has released the Corporate Banking Platforms Software Intelligence Matrix(TM) 2026 - Europe-Focused, providing a comparative view of technology providers serving banks and financial institutions across the corporate banking market. The 2026 research evaluates 15 corporate banking platforms across two primary dimensions - Product Strength and Usability - and positions vendors across four categories: Top Performers, Advanced Solutions, Focused Players, and Emerging Solutions. The platforms included in the assessment are: Backbase, Temenos, Finastra, Sopra Banking, CoCoNet, Finacle, Oracle Financial Services, SAP, FIS Global, CREALOGIX, Appway, Comarch, Mambu, Thought Machine, and 10x Banking. The Matrix is designed to provide banks, technology leaders, procurement teams, digital banking executives, and other stakeholders with a structured view of how corporate banking technology providers compare within the defined European market scope. Backbase, Temenos, Finastra, Sopra Banking and CoCoNet Named Top Performers In the 2026 Matrix, Backbase, Temenos, Finastra, Sopra Banking, and CoCoNet were positioned within the Top Performers quadrant. Their positions reflect their relative combination of Product Strength and Usability within the scope of the CortixIQ assessment. Backbase and Temenos occupy particularly strong positions within the Top Performers quadrant, while Finastra, Sopra Banking, and CoCoNet also demonstrate strong overall positioning across the two evaluated dimensions. "Corporate banking technology is undergoing a significant shift as banks look beyond traditional transaction processing toward platforms that can support more connected, digital and adaptable corporate banking experiences," said Abhijith Krishnan, Chief Research Analyst at CortixIQ Global Intelligence. "The strongest platforms in this market need to balance functional depth with the usability and flexibility required to support increasingly complex corporate banking environments." Finacle, Oracle Financial Services, SAP and FIS Global Positioned as Advanced Solutions Finacle, Oracle Financial Services, SAP, and FIS Global were positioned within the Advanced Solutions quadrant. These providers demonstrate comparatively strong Product Strength within the CortixIQ evaluation, while their positioning on Usability differs from platforms placed in the Top Performers quadrant. The Advanced Solutions category is intended to represent platforms that may offer substantial product capability and sophistication while requiring buyers to more carefully consider implementation, administration, operating complexity, or organizational fit. For larger financial institutions and banks with complex technology environments, this balance between functional breadth and operational usability can be a particularly important consideration during platform selection. CREALOGIX, Appway and Comarch Positioned as Focused Players CREALOGIX, Appway, and Comarch were positioned as Focused Players in the 2026 Matrix. Their positions reflect comparatively strong usability characteristics within more concentrated product-strength profiles relative to the broader market evaluated by CortixIQ. Focused Players may be particularly relevant for banks seeking solutions aligned with specific corporate banking requirements, deployment models, customer experiences, or technology strategies rather than requiring the broadest possible platform scope. Mambu, Thought Machine and 10x Banking Identified as Emerging Solutions Mambu, Thought Machine, and 10x Banking were positioned in the Emerging Solutions quadrant. These platforms represent newer or evolving approaches within the broader banking technology landscape and may be relevant to organizations pursuing modernization, composable banking architectures, cloud-native strategies, or more specialized technology transformation initiatives. Their inclusion in the Matrix reflects CortixIQ's broader assessment of the changing corporate banking technology ecosystem and the increasing diversity of platform approaches available to European financial institutions. Corporate Banking Technology Is Becoming More Modular and Experience-Led Corporate banking platforms are increasingly expected to support more than traditional transaction execution. Banks are evaluating technology based on how effectively platforms can support digital corporate experiences, customer servicing, workflow modernization, connectivity, integration, operational automation, and broader transformation initiatives. This creates a more complex buying environment in which product capability must be considered alongside factors such as implementation effort, administration, flexibility and usability. "Product strength remains fundamental in corporate banking, but banks are increasingly evaluating how quickly technology can be integrated into existing environments and how effectively users can work with it," Krishnan added. "A technically sophisticated platform does not automatically translate into the right operational fit. The purpose of the Matrix is to give buyers a comparative view across both dimensions." European Banks Face Different Modernization Requirements The 2026 study is specifically Europe-focused, recognizing that corporate banking technology decisions can be shaped by regional banking infrastructure, regulatory environments, payment ecosystems, integration requirements and modernization priorities. European banks range from large multinational institutions operating complex legacy estates to regional and specialist banks pursuing more focused digital transformation strategies. As a result, platform selection is unlikely to depend on a single measure of functionality. CortixIQ's two-dimensional approach is intended to help technology buyers understand the relative trade-offs between Product Strength and Usability and identify providers that align more closely with their organizational requirements. About the CortixIQ Software Intelligence Matrix(TM) The CortixIQ Software Intelligence Matrix(TM)(SIM(TM) is a technology evaluation framework developed by CortixIQ Global Intelligence to provide an independent comparative view of software platforms across defined market categories. The framework assesses technology providers across two primary dimensions: Product Strength reflects the relative breadth, depth, maturity and overall capability of the platform within the evaluated market. Usability considers factors associated with implementation, administration, user experience, adoption and the practical effort required to deploy and operate the technology. For the Corporate Banking Platforms Software Intelligence Matrix(TM) 2026 - Europe-Focused, vendors are positioned across four categories: Top PerformersAdvanced SolutionsFocused PlayersEmerging Solutions The Matrix is intended as a comparative market assessment and should be considered alongside an organization's individual requirements, technology architecture, operational model and strategic priorities. About CortixIQ Global Intelligence CortixIQ Global Intelligence is an independent software and technology research firm focused on software intelligence, technology evaluation, competitive benchmarking and market research. Through research frameworks including the CortixIQ Software Intelligence Matrix(TM)(SIM(TM) and Solution Fit Map(TM)(SFM(TM), CortixIQ provides structured market intelligence designed to help technology buyers, vendors and business leaders better understand software markets, compare technology providers and evaluate vendor differentiation. Media Contact Company Name: CortixIQ Global Intelligence Contact Person: Abhijith Krishnan Email: Send Email City: Bee Cave Country: United States Website: https://www.cortixiq.com