LEAP enables banks to seamlessly and quickly move to the latest cloud-native Temenos technology complete with the latest banking capabilities using AI and a standardized methodology
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Latest news from Temenos
Banking services are increasingly embedded in people’s everyday lives. This has opened the door for new and disruptive business models to gain popularity.
Temenos First to Launch Secure Generative AI Solution in Banking to Help Banks Offer Personalized Experiences
Temenos is a leader in true Explainable AI and developing Generative AI with ethical and responsible deployment in banking
Front-to-back mortgage solution streamlines the mortgage journey by providing seamless experience for borrowers and efficient processing for lenders
Temenos’ client recognized for its innovative use of AI and machine learning to improve the quality of client services while reducing risk exposure
Temenos core banking platform will deliver a single, end-to-end solution for onboarding, transaction management, monitoring and forex services
Oracle customers can now deploy Temenos' patented explainable AI technology and bring transparency to automated decision-making
Banking through physical branches could phase out by 2025, a new survey has revealed, as the pandemic-era push to online holds its momentum. Nearly 70 per cent of European banks, surveyed by the Economist Intelligence Unit (EIU) and Temenos, said that brick and mortar banks will be dead and gone in just three years.
The use of Artificial Intelligence in the financial services sector has grown exponentially in the last decade. Banks are now implementing the technology across a range of innovative use-cases. A new survey of IT executives in banking, conducted by The Economist Intelligence Unit in partnership with Temenos, finds that 85 per cent have a “clear strategy” for adopting AI to develop new products and services.
AI Adoption Matures as Banks Transform Customer Experience and Drive New Business Models, Finds Report for Temenos
Economist Intelligence Unit Report finds 85% of IT banking executives have a “clear strategy” to adopt AI to drive new products and services
The asset management industry as we know it has changed forever, and for the last two years, the industry has faced a time of unprecedented demands that will ultimately produce new winners and losers.
The UK Government announced a review into Buy Now, Pay Later (BNPL) that will ran into January. Two of the main issues being considered by the review are how providers assess creditworthiness; and the need to provide clear information to consumers about the risks involved.
2022 looks promising for the wealth management industry. Alexandre Duret, product director, wealth, Temenos, writes on the most significant changes set to shift the private banking sector.
By investing in cloud, new business models like BaaS and AI technologies today, banks can weather the perfect storm in financial services.
With digital engagement becoming a focus of both financial institutions and consumers alike, what is the future of bank branches? Will mass closures occur to reduce operating costs or will the functionality of branch offices be rethought to humanize digital delivery? A new study provides some clarity.
A new Temenos survey of global banking executives has found that 65% believe branch-based banking will be “dead” within five years, up from 35% in 2018, with the sharpest increase in Europe and North America.
Temenos Transforms Banking With the Temenos Banking Cloud to Accelerate SaaS and AI Adoption With Instant Access to Sandbox, Banking Services, and Marketplace
The Temenos Banking Cloud brings the unmatched breadth of Temenos front-to-back Banking Services, an innovation Sandbox, and the most complete fintech Marketplace, powered by an Explainable AI-enabled engine all through an easy-to-access, self-service portal
Like many new technologies before it, AI is still at the stage where it has to prove itself to be useful to bank customers. There is still healthy scepticism in the minds of customers around the use of AI by banks, and it will take time for that to be broken down.
Today, a nexus of disruptive technologies is becoming omnipresent in banking. In a survey we commissioned with the Economist Intelligence Unit (EIU) with 305 global banking executives relating to the digitization of banking, 66% said that new technologies will continue to drive global banking in the next five years, over regulation and changing customer behaviour.