The digital revolution has taken hold in Africa, and banks here are increasingly looking at modernizing and transforming their business from end-to-end. In fact, in a recent report from the Economist Intelligence Unit, 68% of respondents from MEA said that changing customer behavior and demands was the trend that would have the biggest impact on their business models. Recognizing the key conversations that will take place at the ICSA’s Digital Banking Summit, Temenos will be joining the dialogue, and participating as a Silver Sponsor at the event.
Temenos’ mission is to transform the industry and propel banks in Africa and worldwide into this new digital era. It does this by providing financial institutions of all sizes its winning combination of packaged functionality and revolutionary technology. Temenos provides cloud-native, cloud-agnostic front office, core banking, payments, fund management and wealth management software products. Its technology enables banks to deliver consistent, frictionless customer journeys and gain operational excellence.
Over 3,000 firms across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 500 million banking customers. Already recognized as the world’s #1 banking software, IBS Intelligence also recently named Temenos the #1 regional leader in Middle East and Africa in the 2019 Sales League Table. The company has more than 20 years of experience in Africa, supporting universal, central, microfinance and Islamic banks. Winner of the Best Digital Banking Solution at the 2018 East African Banking Awards, as well as Best Islamic Banking & Finance Software Solution in the World Finance Islamic Finance Awards 2018, Temenos empowers banks across Africa to stay ahead of the changing marketplace.
With 80 customers across East and West Africa, Temenos is heavily active in the African banking sector. It works with such banks as ARB Apex Bank, the ‘mini-central bank’ that provides banking infrastructure to 143 Ghanaian rural and community banks, and Commercial Bank of Africa reaching 43 million customers across five countries, putting banking in the hands of people across Africa.
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