Payments Modernization 2020 – The Magnificent Seven Themes
Temenos Launches an Engagement Program to Modernize Payments Capabilities.
The Market View
Temenos tops IBS Intelligence’s Sales League Table 2019 in payments.
This report from Ovum provides insights on the spectrum of challenges faced by payments providers today and their prioritisation.
Temenos is recognised as a Leader in IDC’s MarketScape for Integrated Payment Platforms 2019-2020.
Why Temenos Payments?
Temenos provides SaaS first next generation payments technology for accelerated business growth, increased process efficiencies, and enhanced service innovations. Our products cover the complete payments lifecycle from order intake to clearing and settlement. These 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.
Next Generation Payments on the Number 1 Technology Platform in Banking
At Temenos, our laser focus on innovation and customer value is supported by the highest levels of investment in R&D in the industry, and has enabled Temenos to create a unique market offering – advanced SaaS first Next-Generation Payments Processing on the number 1 technology platform in banking.
Leveraging Strategic Technology
Our leading position in the market is based upon us continually combining the richest end-to-end functionality with the most advanced Cloud-Native, Cloud-Agnostic, AI, and API-first payments technology.
Agile, Open & Robust Architecture
A robust set of base themes and principles underpin the design and architecture. These have led to the creation of a payment processing hub that is selling faster than any other in the industry (Number 1 in IBS League for new Payment Hub licenses in 2019 & 20).
New Schemes, New Services
Temenos continually rolls out support for new schemes and services to enable users to maintain compliance for the markets they address. This covers global and regional ISO 20022 initiatives as well as new Instant payment services, new market services, and payment instruments.
Configurable, Optimized Functionality
Extremely rich, highly configurable functionality, enabling accelerated support for complex, specialized, optimized payment services.
99%+ improved STP rates
#1 best-selling payments system – IBS Intelligence Sales League Table 2019
Payments Innovation of the Year. Temenos Payments Hub in the Cloud – FSTech Awards 2018
Temenos has supported ABN AMRO every step of the way providing solutions for international corporate banking, private banking, and global international payments.
If you could build a bank from scratch, what would you do differently to established players? This question sparked the idea for Grasshopper Bank—the first 100 percent digital commercial bank in the U.S.
To expand its range of services and manage every step of the customer journey, Varo Money will deploy Temenos Transact and Temenos Lifecycle Management Suite running on cloud.
read success story
“We chose Temenos because their vision of accelerating growth through digital innovation matches our own. Our mission is to make simple, intuitive and user-friendly payment products that allow our customer to receive payments effortlessly, so they can focus on growing their business.”David Liu, CEO and Director – Truevo
You’re in Good Company
Temenos has a proven track record in supporting U.S. banks growth by enabling them to bring products to market up to 16X faster, cut customer onboarding time by 75% and increase digital revenues up to 5X.Temenos enables the rapid launch of neobanks and digital-only initiatives of established banks, new credit unions, community banks, and non-domestic banks with a strategic plan for the U.S. market.
Over the coming years, some of the key payments rails in North America will undergo radical transformations to ISO 20022 based standards and transaction services. Affecting both domestic and cross border flows, these changes will impact many areas of processing, from payment order intake to transaction orchestration and execution, to clearing and settlement, to customer reporting, etc. In this discussion, we will highlight some of the key challenges and opportunities to be addressed based on learnings and insights gained from other markets around the world where similar transformations have taken place. What are the key capabilities required to address these challenges and thus reduce the risks and impact on your business?
Join Peter DeMars, CFE UMB Bank, Adam Miller, Temenos and Matt Johnson, TransUnion as they discuss growing consumer expectations for seamless and safe transactions through digital channels amid the recent COVID-19 pandemic and how financial institutions are rising to the challenge.
Covering watchlist screening, anti-money laundering, fraud prevention and KYC, our uniquely flexible range of intelligent and versatile solutions enhance detection and reduce cost.
A comprehensive Reporting, Analytics and Business Intelligence product allowing banks to be more efficient and profitable by providing robust, banking specific, financial, profitability, customer, and digital analytics.
Address fraud, remain compliant with regulations and manage risk with our modular products.
Regional functionality for over 150 countries using our packaged model bank framework to go-live faster.
Chile’s BCI selects Temenos core banking, payments and digital front-office technology to launch a new corporate bank in Peru in record time
The Middle East’s Leading Digital Wallet Selects Temenos to Rapidly Achieve Exponential Growth and Expand Digital Payments Portfolio
STCPay selects cloud-native, cloud-agnostic Temenos Payments and Temenos Transact to power innovation in digital payments and grow its customer base to 6 million by 2021
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.
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