Temenos drives ADCB Egypt digital payments modernisation

ADCB Egypt has gone live with the Temenos Payments Hub as part of a broader effort to modernise its payments infrastructure and support its digital transformation agenda.

The implementation, delivered in collaboration with Temenos delivery partner ITSS, enables the bank to process SWIFT cross-border payments using the ISO 20022 MX messaging standard. The ISO 20022 framework introduces richer, structured data formats designed to improve interoperability, enhance transparency, and increase straight-through processing (STP) across correspondent banking networks.

By adopting ISO 20022-ready capabilities within the Temenos Payments Hub, ADCB Egypt aims to reduce manual intervention in payment processing and accelerate settlement times for both retail and corporate customers. The centralised payments architecture also provides greater visibility and orchestration of payment flows, while offering scalability to support rising transaction volumes and the potential expansion into additional payment types through a single enterprise platform.

The go-live builds on ADCB Egypt’s existing use of Temenos Core, creating an integrated environment for core banking and payments operations. Such consolidation is increasingly viewed by banks as a way to reduce operational complexity, streamline compliance with evolving messaging standards, and improve agility in responding to regulatory and market changes.

The shift comes as financial institutions globally continue to transition toward ISO 20022, driven by SWIFT’s phased migration to the new standard. In emerging markets such as Egypt, infrastructure upgrades are also linked to broader financial inclusion and digitisation objectives.

Ihab Elswerkey, CEO and Managing Director of ADCB Egypt, said, “The move reflects the bank’s ongoing investment in scalable technologies aligned with its long-term growth strategy and Egypt’s Vision 2030 goals. Going live with the Temenos Payments Hub reflects our continued investment in advanced, scalable technologies that enhance efficiency, resilience, and customer experience,” he said, adding that the collaboration with Temenos and ITSS provided market expertise to support the bank’s competitiveness.

For ADCB Egypt, the deployment signals a continued focus on modernizing payments infrastructure as regional banks seek to align with global standards and rising customer expectations for faster, data-rich cross-border transactions.