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Latin American banks still view payments providers as rivals, bucking a global trend. Managing remittances may turn competition into a lucrative collaboration.

Ad hoc – Temenos announces appointment of independent third parties

GENEVA, Switzerland, February 26, 2024 – Temenos AG (SIX: TEMN), the banking software company, today announces the Board of Temenos has formed a Special Committee led by the Non-Executive Chairman, Thibault de Tersant. While the Board believes Temenos is running a sound business with robust financial controls, the Special Committee will oversee the previously announced examination of the allegations raised in the report published by Hindenburg Research (“Report”).