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Transactions: Temenos signs 13 bank, fintech contracts in Q3

Whitney McDonaldbyWhitney McDonald
December 21, 2022
in All Posts
Reading Time: 3 mins read
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Demand for core provider Temenos’ services remains strong amid a focus on digital transformation among banks.

The $36.4 billion Bank of Queensland, based in Queensland, Australia, in Q3 selected Temenos’ cloud-based platform for its retail banking business, a spokesperson for Temenos told Bank Automation News. 

The Geneva-based tech provider’s other Q3 bank contracts include:

  • $67 billion SinoPac, based in Taipei, Taiwan, for digital banking;
  • $255 million FCM Bank Malta, based in Malta, for core banking;
  • $75 billion Shanghai Commercial & Savings Bank, based in Taipei, Taiwan, for retail and corporate banking;
  • $805 million Australia Police Bank, based in Sydney, for cloud services; and
  • North International Bank, based in Antigua and Barbuda, for a banking-as-a-service platform.

Fintechs that partnered with Temenos in Q3 include:

  • Bengaluru, India-based tech provider Wipro for digital banking offerings for its clients in the U.S., U.K. and Australia;
  • Chennai, India-based software company Bahwan Cybertek to scale Temenos’ operations in India, Sri Lanka, Nepal and Bhutan; and
  • Breisgau, Germany-based software provider Patronas Financial Systems and investment accounting platform Temenos Multifonds are collaborating on a portfolio management solution.

Bank Automation Summit US 2023, taking place March 2-3 in Charlotte, is a crucial event on automation and automation technology in banking. Learn more and register for Bank Automation Summit US 2023.

Tags: fintechPremiumTemenostransactions
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