Overview
We understand microfinance and community banking …
With around 40% of the world’s population living on less than two dollars a day, microfinance and community banking offers those on low incomes access to basic financial services such as loans, savings, money transfers and microinsurance. Playing a major role in the development of nations across Asia, Africa and Latin America, microfinance actively supports the sources of income that help people climb steadily out of poverty while improving living conditions and opportunities for their families.
Including non-bank financial institutions, credit unions, co-operative banks, building societies and smaller commercial, microfinance also includes major banks that recognise the strategic value of extending their reach to new customers in the developing world. The market is growing worldwide and is already worth over US$80 billion. But how do you provide a quality microfinance service with a robust, flexible and scalable banking software infrastructure while at the same time keeping a tight rein on costs? You do this by working with a partner who understands the specialised needs of microfinance and has the right banking software solutions that are proven, efficient and cost-effective.
Welcome to Temenos Microfinance and Community Banking Software Solutions.
We have supported the microfinance and community banking market for over a decade. Our T24 for Microfinance banking software solution provides you with a pre-configured model bank based on microfinance and community banking best practices. It comes with all the control, efficiency, productivity, scalability and low-cost business benefits you expect from the world’s most popular banking software solution.
For more information on microfinance and community banking solutions from the leading experts in the area, come and talk to Temenos. Contact us at info@temenos.com.
Products
We think you’ll like what we have to offer …
Temenos is a recognized world leader in microfinance banking software solutions with nearly 120 T24 installations in 41 countries. These include large complex commercial banks that provide microfinance products as well as small NGOs, financial cooperatives and non-banking financial institutions.
Temenos T24 for Microfinance
T24 has been ranked as the first or second best-selling core banking software system worldwide for the last 14 years1. Available on a pay-per-use basis or as a cloud-based software-as-a-service (SaaS) solution, T24 for Microfinance enables smaller financial institutions to deploy the award-winning capabilities of T24 core banking at lower cost. T24 for Microfinance features the high performance functionality you need to run the mass retail services that comprise microfinance and community banking. With industry best practice processes built-in, T24 for Microfinance delivers high security efficiency, resilience and cost savings for you and affordable and critical basic banking services for your customers.
Find out more about T24