News

Leading US Company Selects Temenos Transact Core Banking Platform in the Cloud

Temenos Transact will support several of PayPal’s businesses across multiple geographies, including the US, UK, Germany and Australia.

Press Releases,
Temenos – Company

GENEVA, Switzerland – December 21, 2018 – Temenos (SIX: TEMN), the banking software company, today announces that PayPal, Inc. has selected Temenos Transact.

The Temenos Transact banking platform will run on Temenos Cloud and will support several of PayPal’s businesses across multiple geographies, including the US, UK, Germany and Australia. This signing highlights Temenos’ momentum in the US market with both banks and disruptors.


Temenos Press Contacts

Scott Rowe

Temenos Global Public Relations

+44 20 7423 3857 [email protected]

Alistair Kellie

SEC Newgate Communications for Temenos

+44 20 7680 6550 [email protected]

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Temenos – Company