Temenos T24 Transact – Core Banking

Temenos T24 Transact for Retail Banking

Temenos T24 Transact provides cutting edge functionality that enables retail banks to create innovative and personalized banking products targeted at new and existing customers.

Product Overview


Temenos T24 Transact is a customer-centric system built around a single customer view that covers all product lines and channels, enhancing the ability of the bank to understand its customers’ needs and serve them. Embedded analytics provide customer insight and predictive sales and service assistance.

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Product Factory & Catalog

Products are designed and built using a centralized design tool which can then be made available for sale quickly, thus gaining valuable time and market share when new opportunities arise. Embedded analytics also helps product managers to plan and deploy new products which will be attractive to customers and profitable for the bank.

Woman paying for coffee

Personalized Fees

Personalize and bundle fees at both individual and household levels to automatically apply cross-product bundled pricing. This enables banks to reward customer behavior, such as loyalty, and to motivate customers to change their banking behavior in order to create mutually beneficial outcomes.

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Accounts & Deposits

The system supports accounts and deposits varying from simple offerings to more sophisticated DDAs with more complex features.

Retail Lending

The solution offers both unsecured and secured lending capabilities, together with suitable collateral management.

two men looking at financial results

Enterprise Credit

Enterprise credit facilities can be set up and monitored to cover a bank’s entire exposure, including positions held in other systems.

Temenos Payments - Woman using tap to pay

Temenos Payments

Domestic and international payments are processed, including real-time payments, using Temenos T24 Transact’s integral payment capability or with the more advanced Temenos Payment hub solution.

White Paper

Open Banking: A shared opportunity

Open banking which is based on data sharing, is an unlikely short-lived trend and is gaining momentum in Asia Pacific. In this white paper, a joint venture by Microsoft, Linklaters and Accenture, explores the various drivers behind open banking in Asia Pacific, as well as the challenges financial institutions and regulators will have to address to ensure all participants can reap the benefits.

White Paper

EIU Europe – Open banking Is the Future of European banking

The Economist Intelligence Unit (EIU), on behalf of Temenos, surveyed 405 global banking executives on the changes they see taking place in their industry to 2020 and 2025, their organisational response, and the longer-term impact on their strategic development.