Tagged: temenos

Temenos Digital Onboarding as SaaS on AWS Now Being Used By MidWestOne Bank

Temenos (SIX: TEMN) announced that MidWestOne Bank, a community bank headquartered in Iowa with approximately 140 thousand customers and branches across 4 states, has gone live with Temenos Digital Onboarding as SaaS on Amazon Web Services (AWS). The SaaS solution was implemented for MidWestOne “by… Read More

Konsentus Verify, an Open Banking Identity and Regulatory Checking Solution, Available on Temenos Exchange

Konsentus announced that Konsentus Verify, Europe’s open banking identity and regulatory checking solution, is now available on Temenos Exchange, the partner ecosystem of integrated fintech solutions. Konsentus Verify ensures end-user account “access is never granted to unauthorised third parties, giving consumers and businesses the highest… Read More

Temenos Adds Visa to the Temenos Exchange

Banking platform Temenos (SIX: TEMN) is partnering with Visa to integrate Visa Direct, a Visa money movement solution. The service will be integrated within the Temenos Payments Hub and made available to banks via Temenos Exchange. Last month, Temenos announced the addition of Mastercard Move… Read More

Temenos and Mastercard to Accelerate Launch of Mastercard Move, a Portfolio of Money Transfer Solutions

Temenos (SIX: TEMN) announced a collaboration with Mastercard, a global technology company in the payments industry, “to accelerate the implementation and delivery of Mastercard Move, Mastercard’s portfolio of money transfer capabilities, to banks and their customers.” Mastercard Move’s solutions enable banks “to move money internationally… Read More

Banque Internationale à Luxembourg Now Live with Temenos to Transform Core Banking and Payments

Temenos (SIX: TEMN) announced that Banque Internationale à Luxembourg (BIL), one of the largest universal banks in Luxembourg, has gone live with Temenos core banking and payments to increase agility and efficiency of its retail, corporate and private banking operations. The move gives BIL the… Read More

Validata Announces Extension of Tech Partnership with Temenos

Validata announces the extension of their long-standing global, technology partnership agreement with Temenos and has extended its integration with Temenos core banking to provide banks and Electronic Money Institutions (EMIs) with “a cost-effective solution for Cash and Nostro reconciliation including payments investigations and case management,… Read More

Santander International and HID to Secure Mobile Banking with Authentication Tech

HID, a worldwide enabler of trusted identity solutions, in partnership with Temenos, a global provider of banking software solutions, announces a collaboration with Santander International to provide robust and flexible customer authentication for its digital banking platform. Santander International, like all modern financial institutions, “faces… Read More

Lithuania’s Šiaulių Bankas Selects Temenos to Enhance Core Banking Platform

Temenos (SIX: TEMN) announced that Šiaulių Bankas, which claims to be the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking “including trade finance to… Read More

Temenos to Pursue an Independent Review of Hindenburg Allegations

Temenos AG (SWX:TEMN) says it will pursue an independent examination of the claims of financial irregularities raised by Hindenburg Research in a report shared this past week. Bloomberg reported that the review is expected to take less than 5 months. Temenos did not share who… Read More

Temenos Hit by Short Seller Statement, Banking Software Provider Says Short Seller is Wrong

Hindenburg Research, a short seller that pumps its own book after it sells shares, is targeting Banking as a Service (BaaS) provider Temenos (SWX:TEMN). In a report published today, Hindenburg claims that Temenos is manipulating its earnings, hiding accounting irregularities while engaging in “sham partnerships”… Read More

Temenos Exchange Clients May Access Identity Verification Solutions to Streamline Onboarding

Temenos Exchange clients can now access a suite of top identity verification solutions to streamline customer onboarding, manage digital identity, mitigate fraud and simplify the KYC processes. Facephi, a provider of secure identity verification solutions announced the availability of its suite of technology solutions on… Read More

Latin America: Segura Bank International Now Live with Temenos Core Banking Platform

Temenos (SIX: TEMN) announced that Puerto-Rico headquartered Segura Bank International, Corp. (SBI) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high earners in Latin America. Temenos’ cloud-native platform will “enable SBI, which… Read More

Wealth Dynamix Is Available on Temenos Exchange, the Enabler of Integrated Fintech Solutions

Wealth Dynamix, a provider of Client Lifecycle Management solutions, announced Wealth Dynamix is available on Temenos Exchange, the partner ecosystem of integrated fintech solutions. The Wealth Dynamix solution enables firms “to support the full end-to-end client lifecycle, helping deliver more proactive, efficient and engaging prospecting,… Read More

Vietnam based LPBank Selects Temenos to Streamline Retail and Corporate Banking

Temenos (SIX: TEMN) announced that Lien Viet Post Joint Stock Commercial Bank (LPBank), one of the top 10 private commercial banks in Vietnam in terms of assets and equity, has selected Temenos in order “to modernize its core banking platform for retail and corporate banking.”… Read More

58% of Americans Expect Payments to All Be Digital as Fewer Consumers Pay with Cash

According to a recent survey, 58% of US consumers expect all payments will be digital in the near future. This percentage increases to 67% when polling a younger demographic – more specifically, Millennials. Banking platform provider Temenos (SIX: TEMN) surveyed  2000 adults about their purchasing… Read More

Temenos Welcomes Generative AI-Based Classification Tool

Temenos this week launched what it claims is an industry-first secure solution for banks using generative artificial intelligence to classify customers’ banking transactions automatically. Transactions classification helps banks provide personalized insights and recommendations, offer more engaging and intuitive digital banking experiences, and enhance customer loyalty through more… Read More

Philippines: Cebuana Lhuillier Bank Selects Temenos to Scale Rural Banking Services

Temenos (SIX: TEMN) announced that Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, has selected Temenos in order “to modernize its core banking platform, helping the bank, which serves seven million Filipinos, to quickly launch new banking products and scale… Read More

Banking Platform Temenos Certified for FedNow

Temenos (SIX: TEMN), a banking as a service provider, has been certified for FedNow, according to a statement from the company. FedNow is a new transfer service providing instant movement of funds, provided by the US Federal Reserve. The FedNow Service will be available to… Read More

Canadian Tire Bank Extends Relationship with Temenos, Moves to New Banking Cloud Platform

Temenos (SIX: TEMN) recently announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – will adopt Temenos Banking Cloud to accelerate its core modernization. In 2022, Canadian Tire Bank chose the Temenos… Read More

Digital Transformation: BanCoppel Selects Temenos for Core Banking Modernization

Temenos (SIX: TEMN) announced that BanCoppel, part of Grupo Coppel, one of the largest organizations in Mexico, which includes brands such as Afore Coppel and Tiendas Coppel, has selected Temenos in order “to continue its technological transformation, driving modern banking services.” BanCoppel was reportedly the… Read More

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