News

Temenos and The Economist discovered three-quarters of banking executives believe their industry is set to be significantly impacted by generative AI.

The financial sector is experiencing a transformative era where Environmental, Social, and Governance (ESG) principles are emerging as fundamental components of business strategy.

The concept of central bank digital currencies (CBDCs) has been received with a fair amount of scepticism from people across the globe. Concerns about state-imposed controls and limits, as well as a lack of obvious use cases for CBDCs have meant that they have not found themselves at the top of the wishlist for most.

An Economist Impact study, commissioned by banking software provider, Temenos, surveyed North American bank executives to find out how investment strategies have evolved to meet the growing impact of technology in the industry.

Through this collaboration, Temenos and MAS aim to cooperate on technology solutions, explore data integration, and encourage product development to advance sustainable finance.

40% of banks see tech giants as their biggest competitors in the next five years as the next generation of customers prefer one-stop-shop solutions when purchasing online—the new battleground between banks and other non-financial companies entering the payments market, according to the latest Economist Impact report by Temenos.

At the Temenos Community Forum in Vienna earlier this year, Finextra interviewed Stewart Davies, Global SaaS commercial director at Temenos, and Mandeep Sidhu, global account manager GFS at AWS to discuss the event’s theme: ‘Engage and Grow in a Cloud World’.

We speak to Kalliopi Chioti who heads up marketing and ESG for Temenos and tells us why it’s so important for modern tech businesses to stay environmentally friendly. At the end of the day climate change is a financial risk and it affects everyone, says Chioti.

Blockchain is driving value for payments businesses and consumers across cryptocurrencies, CBDCs and stablecoin infrastructure

Put six experts in the fields of sustainability, social awareness, and finance on a stage and you’ve got a lot of firepower for a lively and productive discussion.