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For the past few years there has been the trend of transitioning to digital payments which is accompanied by faster payments, Shrey Rastogi, senior payments strategist at Temenos believes that the lockdown will accelerate the transition as social distancing measures directly encourage the use of real time payment solutions

Fintechs in the payments industry saw problems coming when the CARES Act’s SBA Paycheck Protection Program opened the floodgates for millions of coronavirus-stricken small businesses to apply for loans via largely unprepared financial institutions.

In the latest Fintech Finance Virtual Arena, we hear from Temenosian Prema Varadhan to hear all about how they have moved their gigantic conference the TCF, to the digital world!

Atlantic Union Bank loan application portal went live using Temenos software, the very first day PPP was available.

The UK government’s financial support package for medium and large companies impacted by COVID-19 is heavily dependent on the right technology to process applications fast enough, according to the CEO of Temenos.

Hani Hagras, chief science officer at Temenos, explores why explainable AI or XAI, is key to overcoming the accountability challenge of AI.

As banks scramble to stand up digital interfaces and participate in the SBA Paycheck Protection Program (PPP) that launched today, fintech providers are rolling out different technology platforms to help lenders process the flood of small business loan applications.

Artificial intelligence needs to explain itself in order to earn the trust and confidence of both companies and their customers, says Hani Hagras, Chief Science Officer at Temenos