Blog

To bolster digital banking growth, midsize banks should consider these four strategies to rewrite the rules of the growth game in their favor.

Jacqueline White, President of the Americas, Temenos identifies the three characteristics that all leaders, disruptors, and pioneers - or Changemakers, possess.

For this edition, I was grateful to interview Jaqueline White, recently appointed, President - Temenos Americas. She is about 6 weeks into her VERY busy role but she still managed to gift me (I call it a gift because time is precious) some time to conduct this interview.

Big Tech firms (like Google, Amazon, Facebook and Apple) are eying up the payments space enthusiastically. Anyone who attended Sibos last year would have seen the signs that Big Tech is rapidly moving into the places that E-money Institutions (EMIs) presumed was their fundamental niche. This position will get more competitive! These firms are likely to have a big impact on payments. They have put their brands foremost and are using payments to boost on-platform engagement and commerce, reinforcing their importance in consumers' lives.

Senior compliance expert, Rachelle Dekker, provides an overview of the FinCEN SAR FAQs issued on January 19, 2021.

Electronic Money Institutions (EMIs) are a relative newcomer to the financial services landscape – particularly in their visibility to the wider market. They are not banks but they are challenging banks in many ways, including their business model - but how are they driving this change?

Temenos and IBSI's white paper, Modernizing Banks in Europe Technology Trends and Challenges for Small and Mid-sized Banks, points out that with revenue slowing down, the emphasis is now, more than ever, on cost efficiency, better risk management, and building a resource-light digital platform for servicing customers.

Challengers have disrupted customer expectations about wealth management - with a connected ecosystem, banks can stay at the top of the game.

With banks’ revenues slowing down, the emphasis is now on cost efficiency, better risk management, and building digital platforms to enhance service and value from customers. This has, in turn, accelerated the need to scale up technology investments.

There's a simple answer to reducing total cost of ownership whilst still delivering unique products and services for members. The cloud.

Senior compliance expert, Rachelle Dekker, shares the differences between the FDIC and FinCEN requirements to file a SAR.

Three Temenos bank clients share the growth mindsets they have developed to be the post-pandemic leaders customers need.

Education is a human right and today, on January 25, we celebrate the United Nation’s International Day of Education, under the motto “Recover and Revitalize Education for the COVID-19 Generation”. In celebrating the International Day of Education, we celebrate our employees’ contributions and hope to shed light on the unfortunate situations many children and adolescents find themselves in.

Community banks and credit unions have an imperative to prioritize digital empathy to make everyday experiences simple while protecting data.

Three Temenos credit union customers share their approaches to a member-centric strategy that will foster growth in 2021.

Senior Compliance Advisor, Rachelle Dekker, recaps the guidance the Financial Crimes Enforcement Network (FinCEN) has issued within the last four latest advisories.

We all know that disruptive technologies like Cloud/SaaS, Microservices, APIs and AI are having a profound impact on the way banking services are delivered and consumed today. This is leading to the twin trends of digital and open banking, and hence changing the very structure of the banking value chain. Meanwhile, non-traditional entrants like the technology giants, neo-banks and fintechs, are leveraging these technologies to compete in banking, and that too with a cost base 30-60% lower than incumbent banks.

In a new research report sponsored by Temenos, The Economist Intelligence Unit (EIU) analyzed over 10 million personal finance conversations in order to better understand consumer preferences around retail banking