Big Tech firms (like Google, Amazon, Facebook and Apple) are eying up the payments space enthusiastically. Anyone who attended Sibos last year would have seen the signs that Big Tech is rapidly moving into the places that E-money Institutions (EMIs) presumed was their fundamental niche. This position will get more competitive! These firms are likely to have a big impact on payments. They have put their brands foremost and are using payments to boost on-platform engagement and commerce, reinforcing their importance in consumers' lives.
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lectronic Money Institutions (EMIs) are a relative newcomer to the financial services landscape – particularly in their visibility to the wider market. They are not banks but they are challenging banks in many ways, including their business model - but how are they driving this change?
Now more than ever, financial organizations are under pressure to adapt and innovate as they face the evolving demands of the modern consumer and increasing disruption from rapidly emerging technologies.
From Alba in Glasgow to Banco del Sol in Argentina.
Temenos Hits Milestone of 60 Challenger Bank Clients, Confirming Status as Technology Provider of Choice
Temenos’ front-to-back SaaS solution helps challenger banks create hyper-efficient cost models, get to market faster and rapidly launch innovative personalized products
Temenos projects with Varo Bank, EQ Bank and Flowe recognized for excellence in implementations and innovative use of cloud-native, open API technology in banking
Alpian Selects Temenos SaaS to Launch Pioneering New Digital Bank and Take Swiss Private Banking Experience to the Mass Affluent
Alpian will offer digital private banking and wealth management services, combined with human expertise, to tap into CHF 660bn private banking opportunity
WeLab Bank designed, built and launched using cloud-native Temenos Transact in less than 10 months
Using Temenos cloud-native, API-first, advanced AI technology, these financial institutions have achieved business growth, customer growth and most importantly society growth
Banco del Sol, the digital bank of Grupo Sancor Seguros, Argentina’s largest insurance company, goes live with Temenos Transact to offer innovative services
Temenos cloud-native, cloud agnostic core banking technology supports Banco del Sol to quickly launch a new bank