End-to-End Retail Banking
An open, cloud-native platform for agile retail banking transformation. Adapt at speed, drive contextual customer interactions and innovate around existing systems with composable front-to-back capabilities across the retail banking value chain.
The agile retail bank for lifestyle banking
A SaaS platform for retail banking to increase architectural flexibility, product agility, and customer engagement to deliver more personalized products and experiences, spur profitability and drive growth. Temenos’s cloud-native platform and microservices-enabled banking capabilities enable you to innovate fast and build for change. Assemble our capabilities across digital and core banking, payments, risk, data analytics, AI and more. Drop-in new services to innovate around existing cores, and create new solutions easily by combining Temenos and third-party capabilities.
Specialized Solutions
Buy Now Pay Later on the Temenos Banking Cloud
Driven by Explainable AI, our Buy Now, Pay Later solution is delivered as a service for banks and non-banks, to help businesses increase and accelerate their sales cycle by embedding variable instalment loans at the point of sale.
Temenos for Challenger Banks
SaaS-first banking solutions for neobanks, to launch innovative new banking services fast, scale with confidence, deliver disruptive customer experiences, and build your own ecosystem.
Temenos for Financial Inclusion
A packaged model bank solution to rapidly deploy inclusive banking products through digital and physical distribution channels and increase access to financial services.
Banking-as-a-Service
A SaaS platform for banks, BaaS providers and non-banks to deliver embedded finance and generate new revenue streams with packaged banking services.
A complete set of front-to-back capabilities, delivered on an open platform for composable banking, enables retail banks to rapidly launch new products and services and adapt to customer needs, while reducing the risk and time associated with replacement projects. By combining best-of-breed digital and core banking capabilities, with third-party and incumbent applications, retail banks can progressively renovate their IT landscape and deploy new services faster, more cost-effectively, and at scale.
Measurable success
20%
better cross-sell*
45%
higher front office STP*
19%
higher operations STP*
44%
more of IT spend on growth and innovation*
*Comparison from Temenos CEO Navigator between banks live with Temenos Enterprise Solutions and Services and those who are not
Temenos Retail Banking Modernization Demo
Explore the value and benefits of Temenos Banking Cloud for retail banking modernization. In this demo, Inno Bank are looking to modernize their technology to react faster to market, client and regulatory demands.
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about our solution for end-to-end retail banking
The Gartner Magic Quadrant lists Temenos as a market-leader, which inspired a lot of confidence. Temenos also has proven experience helping many other challenger banks to launch quickly. We liked how easy it is to customize Temenos solutions, along with the rich API capabilities, which would help us connect with partners and support Open Banking initiatives.”
Cristina Toniazzo
Head of Happiness, Caring & Services Operations, Flowe
The new Digital Bank will deliver a truly differentiated and exciting experience. Importantly, Virgin Money Australia is uniquely positioned to build on existing relationships with more than 200,000 loyal customers and a home loan portfolio that has quickly grown to more than $3 billion to effectively compete in the Australian market with challenger and incumbent banks alike.”
Greg Boyle
CEO, Virgin Money Australia
Temenos Core Banking met our key functional and technological requirements, and includes excellent capabilities for managing lending and deposits, and general ledger administration that we plan to roll out gradually.”
Frantisek Kubala
Head of Core Banking
Komerční banka
Temenos offers an excellent long-term roadmap for client mobile banking that helps us to understand where the market is heading, and how we can harness new functionality to stay ahead. Whatever the future holds, we know Temenos will provide the expertise and solutions we need to innovate and succeed.”
Kyra Arcia Marcano
Chief of Innovation and Marketing, Banco Bolivariano
See more success stories
Attract and onboard new customers
We recognize that improving existing customer engagement and increasing share of wallet, while also attracting new customers and increasing conversion rates, is a key strategic priority. Temenos helps you do all of this by enabling you to achieve faster time-to-market across all channels, and deliver differentiated and highly personalized product offers to convert prospects into customers, with seamless onboarding capabilities for the optimal customer experience.
Enhance customer loyalty
To maximize wallet share and revenue explore your existing customer base and find new opportunities to offer financial products that help them achieve their life goals. Our embedded analytics with conversational customer insight and experience engine allows you to do this based on actionable and contextual insights and digital marketing campaigns.
Customer personalization
Retail banking is based on understanding customers and then designing, creating and marketing new products that directly address or anticipate their needs. Our retail banking software leverages embedded predictive analytics to help you better understand your customers. With flexible experience and product engines, you can provide relevant and precise products at the right time.
Agile core banking and products
With our flexible product design capabilities implement new services and create new products in hours, not days or months – and at a fraction of the cost. Our extensive API catalogue and low-code extensibility framework enable system and capability extensions and innovations which can be created and deployed easily and quickly.
Next-generation payments
Accelerate growth, increase process efficiencies, and enhance service innovations with SaaS-first, next-generation payments technology. Our solution capabilities cover the complete payments lifecycle from order intake to clearing and settlement. Our solutions are designed to work successfully both separately or together, via SaaS, cloud, or on-premise, providing the flexibility to tailor payment solutions to suit simple, complex and diverse needs of customers.
Accurately detect financial crime
Covering watchlist screening, anti-money laundering, fraud prevention and KYC, our uniquely flexible range of intelligent and versatile solutions enhance detection and reduce cost.
Manage risk
Address fraud, remain compliant with regulations and manage risk with our modular products for regulatory compliance.
Reduce time-to-market
Fast time-to-market is not only predicated on design but also on how quickly marketing campaigns and other digitally-available supporting materials can be created. Our end-to-end retail banking solution allows you to do precisely this, with an integrated front-to-back capability where needed, or an API-driven quick integration strategy where it’s more relevant.
Efficiently localize
Regional functionality for over 150 countries using our packaged model bank framework to go-live faster.
Lower total cost of ownership
Technology, and our customers’ expectations, change faster than ever. We understand the constraints of fixed costs, infrastructure and operational models. We can help cut through those with cloud-native and cloud-agnostic solutions that can be run on-premise or in the cloud.
The changing landscape of Retail Banking: Digital channels and embedded financial services
As pressures to transform banking operations increase, consumer interest continues to shift from traditional channels to digital engagement, only adding to the urgency for change. The retail banking sector has drastically changed over the last 10 years because of technological improvements and shifting consumer preferences, and it continues to evolve in how it delivers products and services.
Go big on social impact: Financial health and education
ESG (Environmental, Social, and Governance) issues have taken center stage on every organization’s agenda over the years. The environment, or the E in ESG, has been the focus. But recent worldwide events—the pandemic, its repercussions, the cost-of-living crisis, and economic developments— have propelled another crucial ESG component—social.
Temenos Named a Leader for 12th Time in Gartner 2022 Magic Quadrant for Global Retail Core Banking
Positioned furthest for ‘completeness of vision’ in the Leaders’ quadrant
The Future of Retail Banking and the Case for Digital Transformation
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 disintermediation of the banking value chain.
Explore Related TCF Sessions
Retail Banking: Innovation and Growth
With driving forces like customer expectations and rapidly evolving technology, we explore how these expectations can create opportunities for growth for banks, and how new technology thinking can make it possible to deliver quickly and grow value.
New Levers for Digital Transformation
The drive towards modernization is everywhere in the banking and finance industry, focusing on customer engagement, innovation, efficiency, and a strong environmental and social agenda. The ability to succeed in this environment is centered around cloud technology and SaaS delivery. We will explore how Temenos is leading and engaging with the industry around this, looking at key themes and hearing about customer and technology advances.
The Rise of Embedded Finance
Embedded finance is on the march, as new opportunities to add banking business capabilities directly into the financial ecosystem of consumers and businesses arise at an accelerating rate. Banking as a Service is one of the key enabling innovations for this growth opportunity, and Temenos has powered real-world customer success in this area and is making further strategic investments in this area.