Community banks and credit unions have an imperative to prioritize digital empathy to make everyday experiences simple while protecting data.
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Latest news from Temenos
Three Temenos credit union customers share their approaches to a member-centric strategy that will foster growth in 2021.
Senior Compliance Advisor, Rachelle Dekker, recaps the guidance the Financial Crimes Enforcement Network (FinCEN) has issued within the last four latest advisories.
The Temenos Value Benchmark – Maximizing Business Value From Your Investment in Information Technology
We all know that disruptive technologies like Cloud/SaaS, Microservices, APIs and AI are having a profound impact on the way banking services are delivered and consumed today. This is leading to the twin trends of digital and open banking, and hence changing the very structure of the banking value chain. Meanwhile, non-traditional entrants like the technology giants, neo-banks and fintechs, are leveraging these technologies to compete in banking, and that too with a cost base 30-60% lower than incumbent banks.
In a new research report sponsored by Temenos, The Economist Intelligence Unit (EIU) analyzed over 10 million personal finance conversations in order to better understand consumer preferences around retail banking
Culture has become a popular topic of corporate conversation in recent years. It’s often used as a way to attract talent. If you can explain how things get done in your company, you will be more likely to hire people whose individual value system and expectations align.
Human Rights Day is observed every year on 10 December — the day the United Nations General Assembly adopted, in 1948, the Universal Declaration of Human Rights (UDHR). It is an opportunity to reaffirm the importance of human rights in re-building the world we want, the need for global solidarity as well as our interconnectedness and shared humanity. We as a company feel strong about human rights and have ourselves undertaken several measures to recover together.
There's still a lot of work to be done as financial institutions start to define and begin their SWIFT ISO 20022 journey
Generally, the most laborious part of a customer’s relationship with their financial institution is the application and onboarding process. There is always room for improvement.
More answers than questions – do banks have the right solutions for the ‘new normal’ when LIBOR is retired?
LIBOR Retirement it happening now! Banks cannot achieve a successful transition without the right software solutions.