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Temenos (SIX: TEMN) today announced that it has expanded its Banking-as-a-Service (BaaS) capabilities on Temenos Banking Cloud to meet the technology needs of organizations offering BaaS from licensed banks to specialist BaaS providers servicing brands or fintechs. With Temenos Banking Cloud incumbent and non-incumbent banks as well as BaaS providers can establish and scale their BaaS programs fast with minimal effort thus opening up new revenue streams.
Temenos offers API-driven banking capabilities ranging from origination to fulfillment of financial products across retail, SME, corporate banking and wealth. With Temenos’ new Open Products capabilities, licensed banks and BaaS providers can create and service highly-configurable financial products, enabling brands...
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