News & Blogs

CWB Financial Group (TSX:CWB) takes another step forward as a disruptive force in Canadian financial services today with the selection of Temenos (SIX:TEMN), the leader in banking software, to deliver a seamless end-to-end digital banking experience for small- to medium-sized business owners. CWB will be the first bank in Canada to offer a differentiated digital banking experience powered by Temenos Data Lake with Explainable AI (XAI) capabilities. The combination of Temenos Data Lake and industry-leading, cloud-native, cloud-agnostic Temenos Infinity, also selected by CWB, will give the bank’s core business-owner clients an intuitive world-class digital experience. CWB’s clients will also benefit from valuable, transparent and fully-informed insights into their financial activities gleaned from AI automated decisions.

ENPO, one of the largest postal, financial and governmental organizations in the Middle East, chooses cloud-native, cloud-agnostic Temenos T24 Transact and Temenos Infinity to consolidate over 20 disparate systems into one single digital platform.

TORONTO – November 21, 2019 – Today, EQ Bank, the digital arm of Canada's Challenger Bank™ Equitable Bank (TSX: EQB and EQB.PR.C), announced it has moved its entire core banking system to the cloud, making it the first bank in Canada to be fully hosted in state-of-the-art public cloud architecture.

Cloud-native, cloud-agnostic Temenos T24 Transact and Temenos Infinity exceeded 50K transactions per second (TPS) proving its high scalability to process transactions for banks of any size

IIG Bank in Malta successfully implements cloud-native, cloud-agnostic Temenos Infinity and Temenos T24 Transact to expand its presence in international trade and commodity finance

Temenos T24 Transact will replace the core system currently used by the bank for its activity in Israeli and foreign securities and will interface with trading systems, the bank's core systems, direct channels, branches and all entities with which the bank operates.