Temenos #1 for Digital, Core Banking, Payments, Risk & Compliance and more in IBSI Sales League Table 2021
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Open Banking can create groundbreaking shifts in banks’ business models, more innovation and better customer experience. But how quickly are changes taking hold? Where are banks’ focus areas? What role is regulation playing? And what impact has the Coronavirus pandemic had?
The Forrester survey recognizes Temenos as the only Global Power Seller with a 20% increase in new named deals. This is the 15th time that Temenos has achieved Global Power Seller status.
Islamic banking is growing faster than its conventional counterparts. To maintain this growth, Islamic banks must reinvent their business models by focusing on enhanced efficiency, ongoing compliance, and differentiated customer service and solutions. This is essential to acquire and retain their customer base whilst scaling up operations to meet global competition.
We now live in a digital world. According to a report by emarketer, smartphone penetration is 83% and 73% of the UAE and Saudi populations respectively.