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Temenos (SIX: TEMN), the banking software company, announced that Virgin Money Australia is live on The Temenos Banking Cloud, enabling the digital bank to innovate fast and differentiate with an ecosystem of partners to create a unique digital service that simplifies banking, rewards customers and helps them achieve their financial goals.
As part of Bank of Queensland (BOQ), the successful launch of Virgin Money on The Temenos Banking Cloud paves the way for other retail brands under the BOQ Group umbrella to transition to Temenos' cloud-based core banking platform. BOQ's stated long-term goal is to leverage the Temenos platform to achieve its overall digital transformation. With Virgin Money, BOQ and ME Bank[1] all operating in the cloud on a shared data architecture...
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