diff --git a/cbor/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper b/cbor/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper
index bce60816d..d7a5f6495 100644
--- a/cbor/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper
+++ b/cbor/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper
@@ -1 +1 @@
-tools.jackson.dataformat.cbor.databind.CBORMapper
+tools.jackson.dataformat.cbor.CBORMapper
diff --git a/cbor/src/test/java/tools/jackson/dataformat/cbor/ServiceLoader700Test.java b/cbor/src/test/java/tools/jackson/dataformat/cbor/ServiceLoader700Test.java
new file mode 100644
index 000000000..942332259
--- /dev/null
+++ b/cbor/src/test/java/tools/jackson/dataformat/cbor/ServiceLoader700Test.java
@@ -0,0 +1,50 @@
+package tools.jackson.dataformat.cbor;
+
+import java.io.File;
+import java.nio.charset.StandardCharsets;
+import java.nio.file.Files;
+import java.util.List;
+
+import org.junit.jupiter.api.Test;
+
+import tools.jackson.databind.ObjectMapper;
+
+import static org.junit.jupiter.api.Assertions.*;
+
+// [dataformats-binary#700]: SPI file referenced wrong class name
+// (`...cbor.databind.CBORMapper` instead of `...cbor.CBORMapper`),
+// causing `ServiceConfigurationError` from `ServiceLoader` for classpath
+// (non-modular) usage.
+//
+// NOTE: the SPI file only governs classpath usage; modular usage is covered by
+// the `provides` directive in `module-info.java`. Since the test harness runs on
+// the module path (where the module's own resources are not reachable), this test
+// validates the source SPI file content directly instead of via `ServiceLoader`.
+public class ServiceLoader700Test extends CBORTestBase
+{
+    private final static File SERVICE_FILE = new File(
+            "src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper");
+
+    @Test
+    public void testServiceFileClassNamesResolve() throws Exception
+    {
+        assertTrue(SERVICE_FILE.exists(), "Missing SPI file: " + SERVICE_FILE.getAbsolutePath());
+        boolean foundCBORMapper = false;
+        List<String> lines = Files.readAllLines(SERVICE_FILE.toPath(), StandardCharsets.UTF_8);
+        for (String line : lines) {
+            line = line.trim();
+            if (line.isEmpty() || line.startsWith("#")) {
+                continue;
+            }
+            // Class named in SPI file must actually exist and be an `ObjectMapper`...
+            Class<?> cls = Class.forName(line);
+            assertTrue(ObjectMapper.class.isAssignableFrom(cls),
+                    "Class `" + line + "` is not an `ObjectMapper` subtype");
+            if (cls == CBORMapper.class) {
+                foundCBORMapper = true;
+            }
+        }
+        assertTrue(foundCBORMapper,
+                "SPI file should list `" + CBORMapper.class.getName() + "`");
+    }
+}
diff --git a/release-notes/CREDITS b/release-notes/CREDITS
index 744a983a1..2acaa1f0d 100644
--- a/release-notes/CREDITS
+++ b/release-notes/CREDITS
@@ -44,3 +44,9 @@ Shanchao Li (@tonghuaroot)
 * Reported #693: (avro) Incomplete number length validation in Avro
   decoder (for `BigDecimal`)
  (3.1.4)
+
+Juan Farré (@jafarre-bi)
+
+* Reported #700: (cbor, smile) `META-INF/services/tools.jackson.databind.ObjectMapper`
+  references wrong class name (`...databind.CBORMapper` / `...databind.SmileMapper`)
+ (3.1.5)
diff --git a/release-notes/VERSION b/release-notes/VERSION
index 3a3a0adac..7eb77d2f8 100644
--- a/release-notes/VERSION
+++ b/release-notes/VERSION
@@ -18,6 +18,12 @@ implementations)
 
 No changes since 3.1
 
+3.1.5 (not yet released)
+
+#700: (cbor, smile) `META-INF/services/tools.jackson.databind.ObjectMapper`
+  references wrong class name (`...databind.CBORMapper` / `...databind.SmileMapper`)
+ (reported by Juan F)
+
 3.1.4 (29-May-2026)
 
 #691: (cbor) Add parameterized tests covering all ASCII-optimization exit paths
diff --git a/smile/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper b/smile/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper
index 95a4fdeef..3a02fc3b4 100644
--- a/smile/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper
+++ b/smile/src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper
@@ -1 +1 @@
-tools.jackson.dataformat.smile.databind.SmileMapper
+tools.jackson.dataformat.smile.SmileMapper
diff --git a/smile/src/test/java/tools/jackson/dataformat/smile/ServiceLoader700Test.java b/smile/src/test/java/tools/jackson/dataformat/smile/ServiceLoader700Test.java
new file mode 100644
index 000000000..b9c33270f
--- /dev/null
+++ b/smile/src/test/java/tools/jackson/dataformat/smile/ServiceLoader700Test.java
@@ -0,0 +1,50 @@
+package tools.jackson.dataformat.smile;
+
+import java.io.File;
+import java.nio.charset.StandardCharsets;
+import java.nio.file.Files;
+import java.util.List;
+
+import org.junit.jupiter.api.Test;
+
+import tools.jackson.databind.ObjectMapper;
+
+import static org.junit.jupiter.api.Assertions.*;
+
+// [dataformats-binary#700]: SPI file referenced wrong class name
+// (`...smile.databind.SmileMapper` instead of `...smile.SmileMapper`),
+// causing `ServiceConfigurationError` from `ServiceLoader` for classpath
+// (non-modular) usage.
+//
+// NOTE: the SPI file only governs classpath usage; modular usage is covered by
+// the `provides` directive in `module-info.java`. Since the test harness runs on
+// the module path (where the module's own resources are not reachable), this test
+// validates the source SPI file content directly instead of via `ServiceLoader`.
+public class ServiceLoader700Test extends BaseTestForSmile
+{
+    private final static File SERVICE_FILE = new File(
+            "src/main/resources/META-INF/services/tools.jackson.databind.ObjectMapper");
+
+    @Test
+    public void testServiceFileClassNamesResolve() throws Exception
+    {
+        assertTrue(SERVICE_FILE.exists(), "Missing SPI file: " + SERVICE_FILE.getAbsolutePath());
+        boolean foundSmileMapper = false;
+        List<String> lines = Files.readAllLines(SERVICE_FILE.toPath(), StandardCharsets.UTF_8);
+        for (String line : lines) {
+            line = line.trim();
+            if (line.isEmpty() || line.startsWith("#")) {
+                continue;
+            }
+            // Class named in SPI file must actually exist and be an `ObjectMapper`...
+            Class<?> cls = Class.forName(line);
+            assertTrue(ObjectMapper.class.isAssignableFrom(cls),
+                    "Class `" + line + "` is not an `ObjectMapper` subtype");
+            if (cls == SmileMapper.class) {
+                foundSmileMapper = true;
+            }
+        }
+        assertTrue(foundSmileMapper,
+                "SPI file should list `" + SmileMapper.class.getName() + "`");
+    }
+}