Across the globe, traditional banks have average cost-income ratios of 55-60%, whereas the new digital-only challenger banks aspire to get below 30%.
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Latest news from Temenos
Digital transformation is still a relatively grey area for banking compliance, with no one-size-fits-all approach to how it should be regulated.
The Temenos Value Benchmark (TVB) indicates that maintaining an efficient compliance function contributes positively to a bank's financial performance.
Join Senior Compliance Consultant Jon Tavares as he discusses some of the recent violations of the FDCPA and Regulation F found in recent debt collector examinations.
As the pandemic spread and banks struggled with their data center setups, another threat emerged on their horizons – post offices! Competition is coming from over-the-top (OTT) players. Facebook and…
People often say they do not like change. Why open yourself to the unknown? Conversely, when we are online we crave adventure, excitement and the mysterious! We have embraced social…
Temenos topped the category for ‘Best Onboarding Product’ with its Journey Manager solution. Delivered on Temenos open platform for composable banking, the solution accelerates the time to market for complex, first-class onboarding journeys.
Join Jon Tavares as he discusses common consumer complaints addressed in the CFPB’s April 2022 Annual Report on the Fair Debt Collection Practices Act.
We are delighted that Temenos has been recognized as the “Best Core Banking Solution Provider” in the Fintech Futures 2022 Banking Tech USA Awards.
The financial services industry has faced unprecedented change over the last few years. Banks are under increased pressure to compete with new entrants such as fintechs, big tech and challenger…