Industry News

Arab Tunisian Bank to build new core with Temenos

Temenos (SIX: TEMN), the banking software company, today announced that the Arab Tunisian Bank (ATB) has become the latest bank in the country to select Temenos for its digital transformation program. ATB will transform its bank with Temenos...

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The new rules of digital banking

Banks around the world are grappling with digital transformation, not just in IT systems but also their culture. The banking business model is undergoing change, from product distribution to risk management across retail and corporate banking. The series looks at how...

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Truevo targets fintech market with help from Temenos

Written byFinTech Futures 4th April 2019 Payment service provider Truevo has chosen software from Temenos to launch a payments line targeting the global fintech community for the first time, reports Jane Connolly. A licensed financial institution serving the corporate...

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Canada Life moves to UK with Temenos’ tech support

Canada Life has picked Temenos’ Multifonds Global Accounting platform to support its UK investment accounting operations. Under this new agreement, Canada Life will upgrade from its legacy ICON platform migrating over 700 funds in over 2,000 unique share classes and...

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UK embraces contactless payments

Total UK contactless spending rose by nearly a third last year to £69 billion, with tap and pay now accounting for more than 40% of all card transactions, according to industry figures. The UK is now a contactless country, with 123 million of the country's 159 million...

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Vista Bank picks Temenos for African digital expansion

Vista Bank, an African challenger bank, has turned to Temenos to power its digital overhaul. The bank is implementing Infinity, a digital front office solution, and T24 Transact for core banking. Vista also has selected analytics and reporting, risk and compliance...

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Fears over Bank of Ireland €2bn tech revamp cost

Bank of Ireland’s five-year €900 million modernisation initiative – aka Project Omega – is over budget and costs could rise to €2 billion.
“Guaranteed banking expertise with OTAP Projects, you get results and reduce your costs”

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Kenya keen on regulatory fintech sandbox

Kenya is the latest nation to show an interest in creating a regulatory sandbox for fintech innovation.

“Guaranteed banking expertise with OTAP Projects, you get results and reduce your costs”

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Europe’s army of fintech start-ups

Plenty of discussions and arguments have been devoted to analysing why Europe can’t compete with the US and China in creating tech giants. Even though a $1 billion company sounds like a great achievement, it can’t really be compared with the giants having a capitalisation of $500 billion.

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PayPal picks Temenos T24 core banking system

PayPal has selected Temenos’ T24 core banking system, delivered in the cloud. The system will support several of PayPal’s businesses across multiple geographies, namely the US, UK, Germany and Australia. Temenos says this signing is important for the firm, as it...

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