Temenos launches SaaS banking service in US to speed digital transformation
Temenos AG, a Geneva-based banking software company, announced the launch of its banking-as-a-service platform in the U.S., which it says can help launch a digital banking platform go live in 90 days.
The Tenemos SaaS platform is designed to offer a range services like digital onboarding, know-your-customer verification, personal financial management and support for artificial intelligence, chatbots, wearables and other technology, according to a press release.
"With our new U.S. front-to-back SaaS product for digital banks, we will revolutionize the software banking landscape in the U.S., which is a highly strategic market for us," Max Chuard, CEO of Temenos, said in the release.
Temenos has worked with some of the fastest growing challenger banks in the U.S, including Grasshopper and Varo Money, Volt Bank and Judo Bank in Australia and Leumi's Pepper in Israel, according to the release.
Temenos also works with incumbent financial institutions, including Commerce Bank and Partners Federal Credit Union, in Burbank, California.
Cover image: Temenos