Pakistan’s largest lender, Habib Bank Ltd., will adopt a new platform after months of customer complaints about frequent outages. The Karachi-based lender will onboard its more than 25 million clients onto the Temenos core banking platform, HBL said in a statement Friday, citing increased reliability and security as benefits. HBL had announced a new Chief […]

Historic news out of the Middle East leads off our international fintech coverage this week on Finovate Global. Israel’s AI-powered transaction monitoring innovator ThetaRay has been selected by the UAE’s Mashreq Bank to help ensure secure cross-border transfers for its correspondent banking business. The partnership marks the first time that an Israel-based fintech company has Read more...

The post ThetaRay Forges Historic Partnership with UAE’s Mashreq Bank to Enable Secure Cross-Border Fund Transfers appeared first on Finovate.

Core banking provider Temenos reported a 32% year-over-year increase in revenues related to their software as a service (SaaS) offering. While earnings per share declined to $1.07, an 11% decrease YoY, key indicators overall were strong for the Swiss software giant. Total revenues climbed 8% YoY to $153 million. The company counted 19 new client […]

Ex-Tibco senior exec Erich Gerber joins Temenos as president and chief revenue officer.

Temenos, a Switzerland-based banking software company, has recently introduced a wide range of new banking services to meet the growing unique requirements of challenger banks.

Temenos has signed Tatra banka in Slovakia and ZainCash in Iraq.

The Swiss stock exchange, SIX announced that Swissquote has become one of the structured product issuers on its platform. The Swiss banking and trading platform has listed its first structured prod...

Projects, products, services and teams that showcased genuine innovation and had a tangible impact.

Just when you might have thought that the momentum behind the Buy Now Pay Later phenomenon might be waning, banking software company Temenos announced today that it is launching its own BNPL offering. Temenos brings its patented Explainable AI technology to the BNPL party with its Temenos BNPL. The company says that the new solution Read more...

The post Temenos Joins the Buy Now Pay Later Revolution with Explainable AI-Powered Offering appeared first on Finovate.

FinTech Futures takes a look back at some of the year’s top core banking deals.