Temenos stories
Credit unions face rising pressure to modernise service and cut manual work, with AI now moving into lending, collections and contact centres.
The deal gives the lender a cloud-based core banking platform on Microsoft Azure, aimed at easing operations and supporting growth.
The move aims to speed up software-defined operations for banks, carmakers and manufacturers as AI takes a bigger role in engineering.
Major banking technology shifts are paying off for lenders, as Temenos cited faster lending, core migrations and AI use across winners.
Banks could speed up digital journeys and compliance checks as Temenos embeds AI agents and copilots into systems used for daily operations.
Banks can now deploy more of their systems through one AWS-based stack as Temenos adds digital banking and payments to its cloud service.
Banks seeking faster onboarding and broader channel support may benefit as Forrester ranks Temenos among the top digital banking vendors.
Banks risk falling behind as fragmented legacy estates slow AI and cloud gains, with modern core systems now key to growth and service delivery.
Banks that fail to modernise core systems may struggle to scale AI, cloud services and new payment rails, Temenos and Bain warn.
Banks are under pressure to modernise legacy systems and prove where AI can improve service, risk control and security at scale.
Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.
Prometheus expands its APAC enterprise push, hiring three senior leaders in Sydney to drive marketing, customer success and solution engineering.
HCLTech moves to deepen its wealth management push with a deal to acquire Singapore-based consultancy Finergic, pending approval by 2026.
The rollout gives Questbank the core banking system it needs to begin offering deposits and mortgages to Canadian customers under OSFI rules.
Temenos rolls out modular retail deposits and lending tools as Reliance Bank picks its SaaS platform to replace legacy core systems.
The switch should let Reliance Bank cut costs, speed up launches and modernise ageing systems without building a larger in-house tech stack.
Ditto launches cryptographic digital ID platform for EU, promising reusable wallet-based identities and less personal data exposure.
Bank of Beirut UK has gone live on Temenos core banking and payments to modernise systems and fuel growth in trade and corporate banking.
Peru's largest microfinance lender Mibanco selects Temenos SaaS on Microsoft Azure to overhaul its core banking and speed digital services.
Bank ABC shifts ila Bank onto Temenos core on AWS in Bahrain, kicking off a wider cloud-led core banking transformation programme.
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