Temenos, a Switzerland-based banking software developer, announced the launch of Temenos Infinity Distribution Services, a suite of cloud-based banking distribution services that use artificial intelligence to help financial institutions transform their legacy systems to modern, digital platforms. 

The platform will help banks offer everything from digital onboarding services to funds authorization, marketing and other services that banks of any size can deploy out-of-the-box. 

"All banks today want to differentiate themselves and now they understand that to deliver standout customer experiences, they need to look beyond their app look and feel," Darryl Proctor, product director, digital at Tememos, said via email. "Banks now need the next generation of hyper-personalized, AI-driven experiences delivered independently of their core banking, which often means gathering data, pushing data and understanding data from multiple systems in a bank’s myriad of systems and services just to make a simple payment."

The company said Temenos Infinity is available on premise, as a software-as-a-service offering or in the cloud via Microsoft Azure, AWS or Google Cloud. 

Cover image: Temenos.