diff --git a/iac/tf-anthos-gke/terraform.tfvars b/iac/tf-anthos-gke/terraform.tfvars
index ea6ae928a..7adbb3333 100644
--- a/iac/tf-anthos-gke/terraform.tfvars
+++ b/iac/tf-anthos-gke/terraform.tfvars
@@ -18,6 +18,6 @@ region       = "us-central1"
 zone         = "us-central1-b"
 cluster_name = "anthos-sample-cluster1"
 sync_repo    = "https://github.com/GoogleCloudPlatform/bank-of-anthos"
-sync_branch  = "release/v1.0.2"
+sync_branch  = "release/v1.0.3"
 sync_rev     = ""
 policy_dir   = "/kubernetes-manifests"
diff --git a/kubernetes-manifests/accounts-db.yaml b/kubernetes-manifests/accounts-db.yaml
index e38af53e7..8eea2c179 100644
--- a/kubernetes-manifests/accounts-db.yaml
+++ b/kubernetes-manifests/accounts-db.yaml
@@ -73,7 +73,7 @@ spec:
                 name: accounts-db-config
             - configMapRef:
                 name: demo-data-config
-          image: ghcr.io/splunk/bank-of-splunk/accounts-db:v1.0.2@sha256:b188aeca2a295cba3754640aeab5ed2978fed34c38cb6bd224077e09fef18265
+          image: ghcr.io/splunk/bank-of-splunk/accounts-db:v1.0.3@sha256:b188aeca2a295cba3754640aeab5ed2978fed34c38cb6bd224077e09fef18265
           name: accounts-db
           ports:
             - containerPort: 5432
diff --git a/kubernetes-manifests/balance-reader.yaml b/kubernetes-manifests/balance-reader.yaml
index 58d3e022b..d7925fa1b 100644
--- a/kubernetes-manifests/balance-reader.yaml
+++ b/kubernetes-manifests/balance-reader.yaml
@@ -87,7 +87,7 @@ spec:
                 name: ledger-db-config
             - configMapRef:
                 name: demo-data-config
-          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.2@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
+          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.3@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
           name: postgres
           ports:
             - containerPort: 5432
@@ -204,7 +204,7 @@ spec:
       containers:
         - env:
             - name: VERSION
-              value: v1.0.2
+              value: v1.0.3
             - name: PORT
               value: "8080"
             - name: ENABLE_TRACING
@@ -228,7 +228,7 @@ spec:
                 name: environment-config
             - configMapRef:
                 name: ledger-db-config
-          image: ghcr.io/splunk/bank-of-splunk/balancereader:v1.0.2@sha256:3405c38a669c804c2f6499fb7488da4005c4ba71394d5b10ac3f9cba4314750f
+          image: ghcr.io/splunk/bank-of-splunk/balancereader:v1.0.3@sha256:3405c38a669c804c2f6499fb7488da4005c4ba71394d5b10ac3f9cba4314750f
           livenessProbe:
             httpGet:
               path: /healthy
diff --git a/kubernetes-manifests/contacts.yaml b/kubernetes-manifests/contacts.yaml
index a89455640..116d7d324 100644
--- a/kubernetes-manifests/contacts.yaml
+++ b/kubernetes-manifests/contacts.yaml
@@ -86,7 +86,7 @@ spec:
                 name: accounts-db-config
             - configMapRef:
                 name: demo-data-config
-          image: ghcr.io/splunk/bank-of-splunk/accounts-db:v1.0.2@sha256:b188aeca2a295cba3754640aeab5ed2978fed34c38cb6bd224077e09fef18265
+          image: ghcr.io/splunk/bank-of-splunk/accounts-db:v1.0.3@sha256:b188aeca2a295cba3754640aeab5ed2978fed34c38cb6bd224077e09fef18265
           name: accounts-db
           ports:
             - containerPort: 5432
@@ -203,7 +203,7 @@ spec:
       containers:
         - env:
             - name: VERSION
-              value: v1.0.2
+              value: v1.0.3
             - name: PORT
               value: "8080"
             - name: ENABLE_TRACING
@@ -223,7 +223,7 @@ spec:
                 name: environment-config
             - configMapRef:
                 name: accounts-db-config
-          image: ghcr.io/splunk/bank-of-splunk/contacts:v1.0.2@sha256:5487b8ddadb2f8f49f439ec941083bb63bc8caef7039e9f4f3ae8222c815f95b
+          image: ghcr.io/splunk/bank-of-splunk/contacts:v1.0.3@sha256:8cbfbfe3e93f0a5df0d3413d5c4d87d87ea2c1e7125fcf92f8a402986d1f9cf7
           name: contacts
           readinessProbe:
             httpGet:
diff --git a/kubernetes-manifests/frontend.yaml b/kubernetes-manifests/frontend.yaml
index dd7216adc..592dd58d0 100644
--- a/kubernetes-manifests/frontend.yaml
+++ b/kubernetes-manifests/frontend.yaml
@@ -63,7 +63,7 @@ spec:
       containers:
         - env:
             - name: VERSION
-              value: v1.0.2
+              value: v1.0.3
             - name: PORT
               value: "8080"
             - name: ENABLE_TRACING
@@ -135,7 +135,7 @@ spec:
                 name: environment-config
             - configMapRef:
                 name: service-api-config
-          image: ghcr.io/splunk/bank-of-splunk/frontend:v1.0.2@sha256:a74ac3444f49f57a794371b43097447fdf2bdd59884d3385f895318a4dca7f7b
+          image: ghcr.io/splunk/bank-of-splunk/frontend:v1.0.3@sha256:d331e232a4adcd79f192cb3471c72134b205482df2cce0bb5e32b8341a57f9e8
           livenessProbe:
             httpGet:
               path: /ready
diff --git a/kubernetes-manifests/ledger-db.yaml b/kubernetes-manifests/ledger-db.yaml
index f78554cc6..f58ee9091 100644
--- a/kubernetes-manifests/ledger-db.yaml
+++ b/kubernetes-manifests/ledger-db.yaml
@@ -74,7 +74,7 @@ spec:
                 name: ledger-db-config
             - configMapRef:
                 name: demo-data-config
-          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.2@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
+          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.3@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
           name: postgres
           ports:
             - containerPort: 5432
diff --git a/kubernetes-manifests/ledger-writer.yaml b/kubernetes-manifests/ledger-writer.yaml
index f341815a9..74291310d 100644
--- a/kubernetes-manifests/ledger-writer.yaml
+++ b/kubernetes-manifests/ledger-writer.yaml
@@ -87,7 +87,7 @@ spec:
                 name: ledger-db-config
             - configMapRef:
                 name: demo-data-config
-          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.2@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
+          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.3@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
           name: postgres
           ports:
             - containerPort: 5432
@@ -204,7 +204,7 @@ spec:
       containers:
         - env:
             - name: VERSION
-              value: v1.0.2
+              value: v1.0.3
             - name: PORT
               value: "8080"
             - name: ENABLE_TRACING
@@ -226,7 +226,7 @@ spec:
                 name: service-api-config
             - configMapRef:
                 name: ledger-db-config
-          image: ghcr.io/splunk/bank-of-splunk/ledgerwriter:v1.0.2@sha256:26222addac3fa54d6169b4a3468af5012c827160cafa1d94642cf75e639c31bf
+          image: ghcr.io/splunk/bank-of-splunk/ledgerwriter:v1.0.3@sha256:26222addac3fa54d6169b4a3468af5012c827160cafa1d94642cf75e639c31bf
           name: ledgerwriter
           readinessProbe:
             httpGet:
diff --git a/kubernetes-manifests/loadgenerator.yaml b/kubernetes-manifests/loadgenerator.yaml
index 2c197bfb8..ae816cffe 100644
--- a/kubernetes-manifests/loadgenerator.yaml
+++ b/kubernetes-manifests/loadgenerator.yaml
@@ -45,7 +45,7 @@ spec:
               value: "5"
             - name: LOG_LEVEL
               value: error
-          image: ghcr.io/splunk/bank-of-splunk/loadgenerator:v1.0.2@sha256:a413755d178fbefb6537dee65a0ae922f32b2683b168be57ec7cd269756e770a
+          image: ghcr.io/splunk/bank-of-splunk/loadgenerator:v1.0.3@sha256:a413755d178fbefb6537dee65a0ae922f32b2683b168be57ec7cd269756e770a
           name: loadgenerator
           resources:
             limits:
diff --git a/kubernetes-manifests/transaction-history.yaml b/kubernetes-manifests/transaction-history.yaml
index e02b6e324..6475a8ce2 100644
--- a/kubernetes-manifests/transaction-history.yaml
+++ b/kubernetes-manifests/transaction-history.yaml
@@ -87,7 +87,7 @@ spec:
                 name: ledger-db-config
             - configMapRef:
                 name: demo-data-config
-          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.2@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
+          image: ghcr.io/splunk/bank-of-splunk/ledger-db:v1.0.3@sha256:fd67e773a523a88128a02c1109175905e62f1eb66730dde712f72c3fc0b695fb
           name: postgres
           ports:
             - containerPort: 5432
@@ -204,7 +204,7 @@ spec:
       containers:
         - env:
             - name: VERSION
-              value: v1.0.2
+              value: v1.0.3
             - name: PORT
               value: "8080"
             - name: ENABLE_TRACING
@@ -232,7 +232,7 @@ spec:
                 name: environment-config
             - configMapRef:
                 name: ledger-db-config
-          image: ghcr.io/splunk/bank-of-splunk/transactionhistory:v1.0.2@sha256:46e3e2bdc036a5b409d2e5b94246fd59fa34830282b86e985a2d64d35ef54006
+          image: ghcr.io/splunk/bank-of-splunk/transactionhistory:v1.0.3@sha256:46e3e2bdc036a5b409d2e5b94246fd59fa34830282b86e985a2d64d35ef54006
           livenessProbe:
             httpGet:
               path: /healthy
diff --git a/kubernetes-manifests/userservice.yaml b/kubernetes-manifests/userservice.yaml
index 7d939ff03..08ebfa94f 100644
--- a/kubernetes-manifests/userservice.yaml
+++ b/kubernetes-manifests/userservice.yaml
@@ -86,7 +86,7 @@ spec:
                 name: accounts-db-config
             - configMapRef:
                 name: demo-data-config
-          image: ghcr.io/splunk/bank-of-splunk/accounts-db:v1.0.2@sha256:b188aeca2a295cba3754640aeab5ed2978fed34c38cb6bd224077e09fef18265
+          image: ghcr.io/splunk/bank-of-splunk/accounts-db:v1.0.3@sha256:b188aeca2a295cba3754640aeab5ed2978fed34c38cb6bd224077e09fef18265
           name: accounts-db
           ports:
             - containerPort: 5432
@@ -203,7 +203,7 @@ spec:
       containers:
         - env:
             - name: VERSION
-              value: v1.0.2
+              value: v1.0.3
             - name: PORT
               value: "8080"
             - name: ENABLE_TRACING
@@ -227,7 +227,7 @@ spec:
                 name: environment-config
             - configMapRef:
                 name: accounts-db-config
-          image: ghcr.io/splunk/bank-of-splunk/userservice:v1.0.2@sha256:ec77426bbd9a54a25e9100660e36b25f9b71afab0218f4bdc87ea970d2ff299c
+          image: ghcr.io/splunk/bank-of-splunk/userservice:v1.0.3@sha256:b63a475f1ea1859e9554d2b7ae47393df1609c0a859a82d71c7a7384c7f1f522
           name: userservice
           ports:
             - containerPort: 8080