News & Blogs

By Mick Fennell, Business Line Director for Payments at Temenos and Mehmet Eryilmaz, Vice President Real-Time Payments & New Payment Platforms at Mastercard, presented at MoneyLIVE Summit 2022 focusing on how Request to Pay has the potential to transform billing processes and improve the customer experience. This is a short blog taken from their session.

Transformation Challenges The widespread uptake of disruptive new technologies is exacerbating the pressures facing retail banking today, thereby driving a fundamental change in the structure of the industry: the digital-driven…

Digital and Open Banking Drive Retail Banks to Transform The widespread uptake of disruptive new technologies is exacerbating the pressures facing retail banking today, thereby driving a fundamental change in…

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.

We have seen a huge transformation in banking customer experience as banks attempt to differentiate themselves from their banking competitors.

On June 24, 2019, the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board issued an amendment to Regulation CC, which also resulted in an amendment to Regulation DD.…

The Temenos Compliance Advisory Team wants to help you cool off with a bit of good ole’ South Louisiana Lagniappe by sharing some of our answers to customer questions addressing…

In a NOW Account, a depository institution has reserved the right to require at least seven days’ notice prior to a withdrawal or transfer that is subject to check, draft,…

Empower, Embrace and Enjoy! This month we had the honor of interviewing a fantastic woman in the world of banking and technology, Mónica Carrión. She tells us a bit about…