Temenos Payments
A universal end-to-end payments solution based on ISO 20022 standards and support for all payment types.
Product Overview
Supporting Products
Temenos Financial Crime Mitigation
Covering watchlist screening, anti-money laundering, fraud prevention and KYC, our uniquely flexible range of intelligent and versatile solutions enhance detection and reduce cost.
Temenos Data & Analytics
Embedded real-time advanced analytics built on a modern data platform.
Temenos Regulatory Compliance
Address fraud, remain compliant with regulations and manage risk with our modular products.
Temenos Country Model Banks
Regional functionality for over 150 countries using our packaged model bank framework to go-live faster.
Measurable Success
99% +
90%+ improved STP rates
#1
#1 best-selling payments system – IBS Intelligence Sales League Table 2019
Winner
Payments Innovation of the Year. Temenos Payments Hub in the Cloud – FSTech Awards 2018
Why Temenos Payments?
The World’s Best-Selling Payment
Solution
Temenos has been supporting banks across all banking sectors with payment solutions ever since the program to deliver a new technology software package for payments was started in 2013. Customers range from some of the largest banks to the smallest, all of whom leverage the new technology and architecture of the solution to quickly deploy highly efficient payment processing operations.
The Next Generation in Payments Technology
Temenos Payments takes the deep and extensive payment capabilities of Temenos Payments and re-platforms it onto a new, cloud-native and cloud-agnostic platform. This allows you to take advantage of the agile scalability, security and reduced operational costs that the cloud provides while being easily upgradeable.
Embedded Analytics
Embedded analytics provide real-time and contextually relevant help when serving customers and designing new products. They are used to examine previous behavior and to provide predictive insights to guide decision-making, recommendations, and design assistance.
Reduced Implementation Time
Temenos’ model bank approach together with the use of new implementation strategies focuses on delivering a fast go-live time to ensure that banks can be up and running with the Payments solution as quickly as possible, with an approach phased around targeting higher-value business areas for initial go-live.
High STP
The solution is designed to operate at extremely high STP rates. This is enabled, in part, by the Payment Repair capability as well as by the configurable exception handling capabilities of the solution. The STP rate can be further improved by the use of elements of the Financial Crime Mitigation solution, in areas such as sanctions screening.
Ease of Maintenance
The highly configurable nature of the solution means that your bank and your partners can easily maintain installation with recourse to software changes. This reduces both the cost and time involved in rolling out changes in response to changing regulations or the evolving competitive landscape.
Customer Success
ABN AMRO
In the 2008 financial crisis, ABN AMRO faced an existential threat initially being acquired by a consortium of banks under the name RFS Holdings and subsequently coming under the control…
Grasshopper Bank
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. Targeting the booming innovation ecosystem, Grasshopper Bank aims to offer anytime, anywhere banking services to born-online start-ups and technology companies.
Varo Money
Varo Money is re-imagining personal banking. Launched in 2018, the first national mobile-only bank in the USA is on a mission to improve the financial lives of its customers with…
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 Platform
Related Insights
Payments Brochure
Temenos Payments is a universal payment solution that offers banks of any size, full centralization and real-time control over the processing of any type of payment from any channel or source.
Accelerate Time to New Revenue With Business Banking Customers
The online onboarding process is the first customer experience your business prospects have with your institution, so the experience has to be positive.
Making the Business Case for Payment Transformation
The payment industry is undergoing huge change, driving a considerable acceleration in IT investment. Factors such as real-time payments and Open Banking mean that payment systems replacement is now a…
Latest News
Open Banking Is Transforming Africa
At my own bank, the Commercial Bank of Africa, we teamed up with mobile money service M-Pesa and telecoms operator Safaricom to launch our mobile bank account M-Shwari. And of…
IBS Reconfirms Temenos as the #1 Best-Selling Banking Software for Digital, Core Banking, Payments and Compliance and Risk Management
Temenos was ranked the market’s leading software provider in the digital banking and core banking systems categories, according to the IBS Intelligence Sales League Table 2019.
AI: The New Paradigm Transforming Payments
Digital forces and PSD2 have revolutionised payment services, encouraging customers to make more frequent purchases via online retail channels and through contactless methods. As a result, banks have exciting opportunities…
Upcoming Events
Recent Rules, Trends, & Marijuana-Related Businesses: What you need to know about BSA
CUNA Lending Council
24th Annual CUNA Technology Council Conference
Want to Get Started?
Get in touch or download our brochure.