Powering Global Payments Without Limits

For financial institutions operating in an increasingly borderless economy, global payments have become both an opportunity and a burden. Customers now expect funds to move instantly, transparently, and as easily across continents as they do across town. Yet many banks still struggle with outdated correspondent networks, slow settlement cycles, and high operational overheads. That’s why the partnership between Temenos and Corpay arrives at such a pivotal moment. Corpay Cross-Border, now available through the Temenos Exchange, brings industrial-strength global payments capabilities directly inside the Temenos ecosystem—without requiring banks to build the costly infrastructure themselves.

Corpay is not a niche fintech; it is one of the biggest players in global payments today. As part of a Fortune 1000, S&P 500 publicly traded enterprise, Corpay processes more than seven million payments annually, moves over $200 billion in value, and serves more than 27,000 financial institutions, corporates, NGOs, and government entities across 200 countries. Their footprint includes 145 currencies, 100 correspondent banks, regional Centers of Excellence spanning North America, Europe, Latin America, APAC, and a new UAE presence. But what distinguishes Corpay is that all this scale, infrastructure, and regulatory capability can now be accessed through a Temenos-native integration. For banks running Transact or TPH, this means global reach becomes a configuration choice, not a multiyear transformation project.

One of Corpay’s most significant differentiators is the removal of prefunding requirements, which historically have been a major liquidity drain for banks using alternative cross border providers. Corpay allows Temenos clients to transact throughout the day and settle at day end – an advantage only possible because of the company’s balance sheet strength and its position as the largest division of the Corpay group. Combined with real-time tracking for SWIFT payments, banks can finally give their customers something the industry has lacked for decades: visibility. Every payment moves with package tracking transparency, reducing inbound queries, friction, and anxiety for both banks and beneficiaries.

But the part that resonates most with many Temenos clients is Corpay’s multi-currency account (MCA) capability. These virtual, IBAN-backed wallets allow banks to offer customers the ability to hold, receive, and pay in up to 60 currencies (with named accounts available in 25).

For corporate and SME clients—especially those with complex supply chains—multi currency accounts are rapidly becoming table stakes.

With Corpay, banks can deploy them without building a new ledger, without architecting new treasury processes, and without needing their own global presence. It becomes a revenue driver, a retention tool, and a competitive differentiator delivered straight through Temenos.

Temenos and Corpay also share an important strategic sweet spot: mid-tier, regional, and challenger financial institutions. These banks often lack the global correspondent networks required to serve internationally active clients at scale but still need to compete against larger incumbents offering sophisticated, multinational treasury services. Corpay fills that gap elegantly. Large Tier 1 banks typically rely on Corpay for exotic currencies or restricted jurisdictions: mid-tier banks use Corpay to expand their global capabilities without the burden of standing up international operations. That alignment with Temenos’ customer base creates a natural synergy;

modern front-end experiences powered by Temenos, combined with deep global rails powered by Corpay.

What’s also encouraging is how quickly Temenos clients can adopt the solution. Corpay has already been approved to integrate across all Temenos platforms, and integration timelines are as short as eight weeks. The teams are currently identifying the first pilot banks, and several Temenos clients are already known to be using both organisations in parallel across regions like Canada and Europe. Corpay’s sales and partnership teams, including regional representatives in the UK, Europe, the US, APAC, and Latin America, are actively coordinating with Temenos to support customer conversations and opportunity assessments. For clients exploring new cross border revenue opportunities—or simply trying to improve the speed and transparency of their payments—this alignment means help is immediately available.

In many ways, the Temenos–Corpay partnership is a textbook example of what the Temenos Exchange was built for: giving clients ready access to world class capabilities through pre-approved, low friction integrations that solve real, high value challenges. Financial institutions can upgrade their global payments offering, strengthen their proposition to corporate customers, and expand their international footprint by tapping into a provider that has already done the heavy lifting in compliance, regulation, and global connectivity. As Corpay themselves put it during a recent sales enablement session;

Temenos delivers the modern, elegant user experience—and Corpay becomes the ubiquitous plumbing underneath it.

For Temenos clients evaluating their next step in payments modernization, this is a rare and timely opportunity. Cross border transactions are both a revenue opportunity and a strategic necessity, especially in an environment where customers expect immediate settlement, transparent tracking, and global coverage. Corpay brings all of this to the Temenos platform in a way that is fast, proven, and globally scalable. If your bank is looking to elevate its global payments offering – whether by reducing costs, improving settlement times, expanding into new markets, offering multi-currency capabilities, or building out a stronger FX strategy – the Corpay integration on Temenos Exchange is ready to support that journey.

To explore what Corpay could unlock for your organisation, visit Corpay on the Temenos Exchange or speak with your Temenos representative to arrange a direct conversation with the Corpay team. The first wave of pilot banks is being prioritised now – and this is the perfect moment to step forward.