Given Bank of Shanghai's legacy applications were siloed by a line of business, retail and corporate, this provided the opportunity to move each line of business to the new Temenos Transact system independently of one another.
With Temenos Transact and Temenos Infinity, BFS expects to dramatically accelerate customer onboarding, cut loan application and origination times, speed time-to-market for new products and services, and reduce total cost of ownership.
Challenger Banks, Cloud & SaaS, Core Banking, Digital Front Office, Financial Inclusion, Retail Banking
Digital innovation has enabled Finaro (previously Credorax) to transform from a start-up company into a leading international acquiring and payment services provider. Founded in Israel in 2007, the company set…