Latest Press Releases
Temenos First to Launch SaaS Explainable AI for Temenos Fund Administration to Address Increased Market Volatility During COVID-19 and Beyond
With the new SaaS XAI model, Temenos fund administration clients can reduce their operational risks and costs by identifying false positive exceptions faster.
With Temenos technology, Orange Bank Africa provides innovative digital banking services in West Africa.
Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed with AI Post-Pandemic, says Economist Intelligence Unit Report Supported by Temenos
AI will separate winning banks from losers, say 77% of banking executives surveyed during COVID-19
GENEVA, Switzerland – 15 July, 2020 – Temenos (SIX: TEMN), the banking software company, today announces the appointment of Monica Rancati as Chief Human Resources Officer (CHRO) and member of the Executive Committee.
Temenos Announces Strong Recurring Revenue Growth up 17% in Q2, Gradual Improvement Expected in Q3 and Q4 2020
Reconfirming guidance for at least 13% recurring revenue growth, at least 7% EBIT growth and conversion of 100% of IFRS EBITDA into operating cash
UAE-based corporate finance institution selects Temenos Infinity and Temenos Transact on Temenos SaaS to address surge in digital banking for SMEs during Covid-19 and beyond.
Leading Vietnamese Bank Selects Temenos Infinity Wealth to Bring Pioneering Wealth Management Services to Investments Market
Military Commercial Joint Stock Bank adds Temenos Infinity Wealth to its Temenos Transact core banking product to gain a front-to-back, AI-powered wealth management solution.
IBS Recognizes Temenos as the #1 Best-Selling Banking Software for Digital, Core Banking, Payments, and Risk Management
Temenos recognized for industry-leading technology, ranked best-selling core banking platform for 15th year with over 3x more new named deals than the next contender.
Cloud-native, AI-powered Temenos Infinity Wealth won judges recognition for optimizing client onboarding and driving business profitability.
The number of banking executives saying new technologies will drive global banking rises by 57% in a year, reveals Economist Intelligence Unit report released by Temenos
Two-thirds (66%) of banking executives say new technologies will continue to drive global banking in the next 5 years compared to 42% in 2019.
Temenos recognized as only Global Power Seller in the prestigious global analyst Deal Survey with a 30% increase in new named deals.
Next Commercial Bank selects Temenos Transact to rapidly launch in 2020 and provide retail and corporate customers with access to vital digital banking services during COVID-19.
Norway’s State Housing Bank Selects Temenos to Rapidly Offer Billions in Loans, Grants and Housing Support to Residents and Municipalities
Husbanken chooses cloud-native, cloud-agnostic Temenos Transact to accelerate loan processing and drive efficiencies to achieve operational cost savings.
Temenos and HCL Technologies Sign Exclusive Agreement to Market Temenos’ Multiexperience Development Platform for Non-Banking Services
Clients using Temenos MXDP for non-banking services will benefit from Temenos’ continued R&D investment in Temenos Quantum, the leading multiexperience development platform (MXDP) and HCL’s world-class, global professional services and cross-industry expertise
Itaú Private Bank International Selects Temenos SaaS to Power International Banking Operations on a Single Wealth Management Platform
Itaú Group extends its relationship with Temenos, choosing SaaS-powered Temenos Infinity Wealth and Temenos Transact – fully configured, pre-packaged solutions with embedded local compliance for the bank’s Swiss and U.S. operations.
Temenos (SIX: TEMN), the banking software company, today held its 19th Annual General Meeting (AGM) without shareholders attendance due to the ongoing COVID-19 pandemic. 52,136,370 shares were represented by the independent proxy holder.
Temenos in the News
This year’s Economist Intelligence Unit (EIU)’s report “Forging new frontiers: advanced technologies will revolutionize banking” based on a global survey of over 300 senior banking executives, highlights the role of new technologies in driving the digital transformation of banks in the coming years to help them gain competitive advantage.
COVID-19 continues to have a profound human impact. Governmental responses to it have led to a wide range of knock-on consequences that will have major permanent ramifications for business sectors, including banking.
Government-led funding programmes are a vital pillar of support amid the current COVID-19 crisis. However, their effectiveness relies heavily on the ability of lenders to qualify, process and issue loans at speed.
As regulators are moving to requiring multi-cloud configurations, Temenos is working with Google to use Google Anthos to synch its banking software across multiple clouds or a cloud and an on-prem implementation.
Increasing investment in AI and cloud computing will usher in new opportunities for consumers and businesses, says Temenos/Economist research.
“Cloud-native features enable banks to realize the full benefits of cloud deployment and SaaS delivery” says Cormac Flanagan, Product Director of Temenos Transact.