Challenger Banks Solution
A SaaS-enabled solution that allows banks to rapidly launch new businesses in new geographies and sectors.
Launch Fast, Launch Efficiently
Challenger banks need to establish an operational capacity quickly and cheaply so that they can start to service new customers as soon as possible. Temenos’ model bank and process-driven implementation approach enable them to do exactly this.
Gain Customers Quickly
New banks do not have any customers. Since all banking revenue comes from counterparties and customers, the ability to both attract and onboard new customers quickly is key to success in this sector. Temenos’ Infinity digital offering offers customer engagement, conversational marketing and unprecedented efficiency in client onboarding and product origination.
Scale Operations to Business Growth
Cloud-native and cloud-agnostic solutions that we provide reduce the fixed costs of operations and allow banks to elastically scale as needed and on-demand.
Ecosystem Driven Offering
A full and competitive solution is more easily assembled when core elements are provided by the challenger bank. Added value items are then sourced from the financial and technology ecosystem. Temenos’ open APIs enable easy integration and innovation, while the Temenos MarketPlace also offers a curated collection of innovative FinTech providers, whose solutions are pre-integrated with our software.
Challenger Bank Customer Testimonials
Challenger banks want to quickly and efficiently build a presence in their market and become a game-changer. Temenos has proven experience in delivering innovative technology and successful SaaS banking solutions to more than 70 challenger banks. We are proud to celebrate the go-live of over 30 customers and to offer them a foundation to launch their new banking services and grow. Watch this video to hear some of their stories.
Customer Success Stories
Read the Success Story
” We are at the beginning of an exciting journey as we build an industry-leading digital bank that will be beautifully simple and rewarding. With Temenos’ advanced cloud technology, we will have the agility to bring new products to market and differentiate the customer experience. We will also benefit from the speed of deployment and gain operational efficiencies”.Greg Boyle, Virgin Money Australia CEO