Articles from Temenos

Banks are increasing their investment in GenAI but remain concerned about data privacy, legal requirements and accuracy

New center in Central Florida will be home to up to 200 technology and product developers focused on banking innovation and collaboration with US clients

Temenos’ “extensive functionality across retail, SMB, and corporate banking lines” recognized in Q4 2024 Digital Banking Processing Platforms analyst report

NEW YORK and GRAND-LANCY, Switzerland, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced it is bringing high-performance, on-premises Temenos generative AI — built with the NVIDIA AI platform — to banks, empowering them to transform data into real-time insights while retaining full control over their information.

Temenos’ comprehensive core banking platform helps banks enhance customer experience and increase business agility

US community bank adopts Temenos Digital Onboarding as SaaS on AWS for fast, frictionless digital experiences, and enhanced operational efficiency

GENEVA, Switzerland and NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), the banking software company, today announced two key executive appointments to accelerate business growth and capture the market opportunity in SaaS and in the US. Isabelle Guis has joined as Chief Marketing Officer and member of the Executive Committee reporting to the CEO Jean-Pierre Brulard. In addition, Monty Bhatia is appointed Executive Vice President (EVP) of Global Alliances and Partner Ecosystem reporting to the Chief Revenue Officer, William Moroney. Both appointments are taking place with immediate effect.

Temenos integration with Mastercard Move’s full range of money transfer solutions offers banks and their customers more choice in how they send and receive money abroad

FedNow® roll out continues Commerce Bank’s progressive modernization from legacy systems to a single, future-ready, cloud-native platform

The financial arm of Canada’s food and pharmacy retailer will adopt Temenos core banking as SaaS to enhance operational efficiency and deliver more innovative products

Temenos recognized by IDC for its comprehensive digital banking and lending platforms, as well as its support for alternative credit data sources for lending decisions, and composable banking features that provide choice and flexibility for bank clients

Temenos Infinity solution enables Commerce to create a fast, omni-channel origination experience for securities-based loans and lines of credit

North American banking executives are turning to digital technologies to modernize legacy systems and compete with non-traditional players, according to the report

According to a new Temenos survey, “Cashing in on the rise of digital – key trends in US payments”

NEW YORK, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that Varo Bank, N.A., the first all-digital, nationally chartered consumer techbank in the US, has extended its relationship with Temenos.

Temenos is a leader in true Explainable AI and developing Generative AI with ethical and responsible deployment in banking

Temenos participates in the FedNow Service pilot, enabling faster payments on a flexible, cloud-native platform

The financial arm of one of the largest Canadian retail companies adopts SaaS to accelerate its digital transformation and power new business models

Convera opts for Temenos scalable platform to fuel global expansion and offer fast and secure commercial payments

Temenos continues to top the IBS Intelligence Sales League Table as Banks Accelerate Move to Cloud and SaaS

Temenos was named as the vendor with the strongest market presence, with 850 digital banking clients of every size, across geographies

Collaboration creates comprehensive offering supporting banks with greater agility, higher performance, scalability, and security

Temenos processed 200 million embedded finance loans and 100 million retail accounts at a record breaking 150,000 transactions per second on Microsoft Azure with MongoDB database

Regions Bank adopting the Temenos Banking Cloud to modernize deposit system and elevate the customer experience

Ad hoc announcement pursuant to Art. 53 LR 

Temenos awarded Gold Class Distinction with Top 1% S&P Global ESG Score

Diner’s Club Ecuador is using Temenos core banking, payments and analytics solutions to cross-sell and deepen relationships with its one million retail and business credit card clients

Independent SBTi assessment recognizes best practice in science-based target setting on Scope 1, 2 and 3 emissions reduction

Temenos achieves a perfect 100% disclosure score in the global benchmark index on gender equality for the second year running

Temenos is the banking platform of choice for embedded finance, enabling licensed banks and BaaS providers to offer BaaS to brands and fintechs

Temenos is named a global sustainability leader for fourth consecutive year, achieving its highest ever score in the DJSI

Temenos open platform to support leading US Financial Institution’s growth in wealth management

Mbanq partnership establishes Temenos as the banking platform of choice for BaaS for all market participants, from e-Commerce brands to BaaS providers and Banks

Temenos Infinity offers composable digital banking solutions across customer tiers and geographies

Temenos has reached the highest possible ESG score of “AAA” in Morgan Stanley Capital Investment’s (MSCI) 2022 ESG Rating

Temenos (SIX: TEMN) today announced that TS Banking Group, an Iowa-based banking institution, has selected Temenos Banking Services delivered on the Temenos Banking Cloud for a complete front-to-back digital transformation. TS Banking Group will migrate the entirety of its banking operations to Temenos’ leading open platform for composable banking.

Temenos (SIX: TEMN), the banking software company, today announced that Commerce Bank (NASDAQ: CBSH) has gone live with Temenos core banking platform. This milestone completes Commerce Bank’s modernization project to move from its legacy systems for deposits to a modern, agile and open platform tailored for the US market.

Temenos (SIX: TEMN), the banking software company, today announced that M1 Finance, the Finance Super App™, has selected The Temenos Banking Cloud. With Temenos, and through collaboration with a third-party bank, M1 will broaden its suite of financial services to include banking, starting with deposits and payments and eventually expanding into lending.

Temenos (SIX: TEMN), the banking software company, today announced that Green Dot Corporation (NYSE: GDOT) has enlisted The Temenos Banking Cloud as its platform of choice to power its direct digital bank and banking platform services (or “BaaS”) partners, enabling more feature-rich, secure and streamlined banking and payment experiences for customers, as well as scalable growth.

Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider and one of the world’s fastest growing FinTechs, today announced it has signed a strategic agreement with Temenos (SIX: TEMN), the open cloud banking company, to launch an innovative Credit-Union-as-a Service (CUaaS) offering, and to accelerate BaaS adoption across the US.

Temenos (SIX: TEMN), the banking software company, today announced that Temenos Infinity has been awarded "best-in-class" (the highest rating) in the Aite Matrix Evaluation: US Digital Banking Solutions of Core Providers. Temenos edged out six others as the only "best-in-class" vendor in the report. In its analysis, Aite-Novarica (previously Aite Group) recognized Temenos Infinity for its openness, ecosystem of integrated fintech solutions, conversational banking capability, and a forward-looking approach to financial wellness.

Temenos (www.temenos.com, SIX: TEMN), the banking software company, today announced that Hamilton Reserve Bank (www.hrbank.com, SWIFT: NIBTKNNE), a leading global bank with a worldwide presence has completed its end-to-end transformation with Temenos. The unmatched breadth of Temenos’ front-to-back banking technology will help Hamilton Reserve Bank provide its customers across 150 countries with secure same-day worldwide payments and instant customer account access 24/7. With Temenos, pre-integrated with Temenos MarketPlace provider authID.ai (authid.ai, NASDAQ: AUID), Hamilton Reserve Bank anticipates significant growth of its deposit base and wealth management services. The tight integration provides secure, accurate, and frictionless customer authentication experiences that allow automated customer e-onboarding within minutes while meeting the bank’s rigorous regulatory compliance requirements.

Temenos (SIX: TEMN), the banking software company, has been listed as the only ‘Global Power Seller’ in Forrester’s prestigious Global Banking Platform Deals Survey 2021, with a 20% increase in new named deals compared to previous year. Temenos was the only top 5 vendor to grow its number of deals in 2020. Temenos landed more new global banking deals than any other surveyed provider in 2020, as stated in the Forrester report. Temenos was also named a ‘Top Global Player’ in the survey, based on combined deals, which represent a vendor’s ability to enhance its market position and keep creating value for its existing customers. Temenos also became the first vendor to be recognized by Forrester as a ‘Top Global Cross-Seller’ in Forrester’s newest category focused on extended business. According to Forrester, “extended business deals represent a vendor’s ability to keep creating value for its existing customers.”

SMEs make up 95% of businesses in many countries, and yet they are consistently underserved by banks around the world. Temenos and Canadian Western Bank (CWB) have innovated together to develop an Explainable AI-driven (XAI) solution, Temenos Virtual COO. Following TCF Online 2021, Temenos (SIX: TEMN), the banking software company, announces that it has launched Temenos Virtual COO globally.

Temenos (SIX: TEMN), the banking software company, is accelerating its leadership in the cloud by introducing the next-generation in SaaS, The Temenos Banking Cloud. This combines the industry’s most complete banking services, covering all segments and all geographies, with a Sandbox for fast innovation and the Temenos MarketPlace for fintech collaboration, all powered by a new AI-enabled engine to drive banks’ business growth and accelerate time to market. With Temenos Banking Cloud, banks now have the power to self-provision always-on banking services and scale instantly and securely while dramatically reducing the cost of operations to 10% of legacy systems. Join TCF Online with over 10,000 attendees, to find out more.

Temenos (SIX: TEMN), the banking software company, today announced that Saven Financial, a division of FirstOntario Credit Union, has gone live with Temenos Infinity and Temenos Transact. The digital-only greenfield credit union offers high interest savings accounts and guaranteed investment certificates (GICs) with highly competitive rates, leveraging Temenos technology to deliver a fast, seamless digital experience.

Temenos (SIX: TEMN), the banking software company, today announces that Eurobank in Greece has selected Temenos Wealth to strengthen its position in wealth management and affluent segment services. Eurobank, the third largest bank in Greece, will use Temenos Wealth to create a fully-digital investment portfolio management service offering Robo-Advisor and Goal-Based Investing apps to target the mass affluent and affluent market.

Temenos (SIX: TEMN), the banking software company, today announced that BlueShore Financial, a boutique full service financial institution, is digitally transforming with Temenos. Powered by Temenos Infinity, the market-leading omnichannel digital banking product, BlueShore will extend its ‘HighTech-HighTouch’ experience to clients by leveraging explainable artificial intelligence (XAI). BlueShore will replicate the in-branch experience of its Financial Spa™ Branch designed around client-centered amenities, personalized service and expert advice, across all channels and devices, from onboarding to servicing through to retention.

Temenos (SIX: TEMN), the banking software company, today announced that Salmon Arm Savings and Credit Union (SASCU) has extended its long-standing relationship with Temenos, completing an implementation of the newest functionality of Temenos Analytics to drive its growth strategy. With 20,000 members, and $800 million assets under management, SASCU continues to grow in size and product offerings, using Temenos Analytics to deliver seamless, hyper-personalized digital experiences for its members.