Temenos

“With Temenos core banking in place, along with the improvements we continue to make to processes and workflows, we have been able to bring much more efficiency to our back-office operations as we have grown. Compared to three years ago, our operational efficiency is at least 50 percent higher.”

“Our partnership with Temenos is immensely valuable to us. Every year, Temenos releases new features and enhancements. They keep up with the latest technology developments and constantly bring something new to their customers.”

“This new system will not only enhance operational efficiency but also support providing our customers with a superior digital banking experience. The achievement marks a significant milestone in our digital journey and positions us as a leading player in the banking industry.”

“This was a highly complex exercise, with many moving parts. Through countless hours of hard work, collaboration, and tireless efforts, we took just 12 months to transition the National Bank of Iraq to a cutting-edge core banking system and a new payments hub, resulting in smooth operations from day one.”

“We are very proud of what we have achieved with the acquisition of these two banks. It’s no small thing to integrate an entire business into your own in just a few months, but we were able to do it thanks to Temenos and the commitment of our project team. Having a strong core banking system, and people who are willing to go the extra mile, were instrumental to our success.”

“We are delighted to have found a partner that shares our vision for enabling everyone, from the student, to the small business owner, to the tourist, to the large corporation, with personalized banking services for all of their needs. Temenos’ modern, open and agile technology will drive powerful change as we seek to support even more people and expand into other countries.””

“Temenos Journey Manager was key to help us to integrate in the back end, with the CRM, the core banking, and the tech partners.””

“Endless reports can be created for upper management, and different information can be pulled together that would otherwise take time to create manually.””

“We are building Battle Bank to offer exceptional banking values and unique investing offerings, With Temenos, we know that it’s possible to  launch fast and scale quickly . The unprecedented breadth, depth and scale of the platform’s modular banking capabilities creates opportunities for our customers to prosper through a diversification of financial holdings with us.””

“We’ve created Battle Bank to fill a widening gap in the traditional banking landscape — to offer high-yield interest accounts coupled with access to the world markets. To make that vision a reality, we need technology that is fast, open, and scalable as we continue to grow our offerings. This partnership with Temenos will provide exactly that, making our clients’ experience as seamless and efficient as possible.””

““With Temenos, we’ve been able to bring a game-changing solution to the Ethiopian banking sector and empower our customers to bank with us confidently at any time and from any location. We look forward to strengthening our partnership with Temenos in the years ahead as we continue to develop our digital banking offerings and help more customers manage their money effectively.””

““With Temenos digital banking, we can approve the loan and give our customer to their funds within a few seconds, as long as they meet our lending criteria, where previously this would take months.””

““We’re impressed with the growth we have seen since we implemented Temenos digital banking. We are seeing up to  1,000 new accounts opened every day , and the majority of these are via our digital banking channel—and we expect this number to  increase in the months ahead .””

““Temenos gives us the tools we need to offer reliable, convenient and always-on digital banking services,” explains Addis Tadesse. “Today, through our Apollo service, customers can sign up for an account from their mobiles by submitting a video of themselves and a copy of their national identity card. With Temenos Financial Crime Mitigation and Idemia, we can run verification processes quickly and get new customers up and running with their new bank account within one day.””

““Xpert Digital played a lead role in helping us design a digital banking ecosystem that is secure, reliable and, crucially, easy to use,” comments Addis Tadesse. “The Xpert Digital team went the extra mile by helping us to redesign key workflows for a completely digital environment incorporating best practices. For instance, they helped us to leverage integrations with Idemia to build efficient, highly secure and automated verification processes—allowing us to onboard customers rapidly and with confidence.””

“When your only interaction with new customers is online, it’s vital that you can verify their identity from the moment they sign up. With Temenos Financial Crime Mitigation, we can  identify potential fraudsters  and immediately prevent them from making transactions. And because Temenos digital banking is built with open banking in mind, we can easily integrate third-party identity solutions to support our  Know-Your-Customer activities .””

““We’ve used Temenos core banking for over 10 years and throughout that time we’ve seen how reliable, scalable and robust Temenos solutions are. For example, Temenos core banking has been easy to customize, and provides real-time reports that enable us to track the overall financial performance and efficiency of the bank. These in-depth insights help our executive leadership to make smarter operational decisions.””

“Thanks to Temenos’ model bank approach, we obtained a new banking license, and have implemented a new core banking system that  meets local regulations  while supporting BMCE Bank of Africa’s ambitious growth strategy.””

“As the first Moroccan bank to open in China, this expansion will act as a catalyst for economic relations between Africa and China. As the implementation timeframe was so short, Temenos’ packaged software, Temenos core banking, was vital to our plan. By offering a banking platform that is already compliant with Chinese regulations, Temenos  accelerated the launch  of our operations in China.”

“We’ve seen over time, that the solutions that Temenos has offered us are able to develop technically, not only in terms of new advances, which make current processes  more efficient  but also by offering  higher quantities   and quality  in terms of products.””

““Estamos investindo em tecnologia de ponta para construir um banco mais eficiente, diversificado e sustentável. A plataforma consolidada da Temenos e sua experiência global nos ajudarão a expandir nossos serviços com menor custo, levando serviços digitais a consumidores e pequenas empresas em todo o Brasil.”​”

“Estamos invirtiendo en tecnología de vanguardia para construir un banco más eficiente, diversificado y sostenible. La plataforma consolidada de Temenos y su experiencia global nos ayudarán a ampliar nuestros servicios a un menor costo, llevando servicios digitales a consumidores y pequeñas empresas en todo Brasil.”​”

“Investing in technology that can  drive sustainable profitability, efficiency and client centricity  is a key pillar of Itaú Private Bank International’s business strategy. With Temenos’ advanced, cloud-native technology, we will keep our attention and focus on the business. The rapid launch of our new, truly universal digital wealth platform supports our international operations and enables us to  scale for global expansion  in years to come.””

“Investing in technology and the digital transformation of Itaú is crucial in order to meet clients’ needs and create lasting value. Itau’s international Private Bank selected a technology platform that will enrich the customer experience, reduce time to market for new products, generate efficiencies and reinforce the segments’ digital strategy. Temenos solution will allow key international offices to automate front, middle and back office functions. Equally important, the new technology platform will make the business better prepared for the exponential evolution of technological cycles.”

“Since 2020, we have embarked on a digital transformation journey with the aim of leveraging technology to  elevate operational efficiency ,  analytical capabilities  and ultimately,  customer experience . Our core banking project, a strategic investment will be the next, and most significant milestone in this journey.””