Temenos News Room

Bank of Queensland intends to go “all-in” on public cloud and “exit its traditional data centres” under a plan taken to the bank’s board for approval.

Embedded finance is one of the biggest trends set to impact the financial industry this decade. The implementation of the PSD2 directive, and the introduction of open banking services, were the prelude to embedded finance, which has integrated certain banking services into retailer and e-commerce platform experiences.

The global brand and implementation consultancy built Temenos’ new brand positioning and identity around the concept of making it ‘Everyone’s banking platform’, further underlining the firm’s commitment to powering a world of banking that creates opportunities for everyone. Principle’s extensive work covered everything from a logo transformation to a brighter colour palette.

A study by composable banking platform Temenos has found that three in five – 60% – of UK adults use embedded finance services when shopping online.

Boasting almost 25 years in the FinTech industry, Thomas Chevalier joined Temenos last year as executive director for Multifonds. Global Custodian catches up with Chevalier to discuss all things innovation as the business looks to grow its product offering and expand its geographical reach.

Temenos, the banking software company, announced that Rakuten Europe Bank – part of the Rakuten group, a unique ecosystem of 70+ businesses and over 1.6 billion members worldwide – has signed with Temenos to deliver banking services including Rakuten Pay on the Temenos Banking Cloud. Powered by Temenos open platform, Rakuten Europe Bank will accelerate its growth across Europe.