back Back

Temenos presents the Temenos Exchange as its Open Marketplace for FinTech solutions

By Joy Dumasia

November 24, 2021

  • API
  • Collaboration
  • Europe
Share

Temenos,Temenos, the banking software company, announced Temenos Exchange, a new FinTech marketplace to bring open banking innovation to market faster and at scale. The new marketplace will offer pre-integrated and certified FinTech solutions that can be easily deployed within the Temenos Banking Cloud, enabling banks to accelerate the creation of new financial services while reducing development costs. The Temenos Exchange is the core element within the recently announced Temenos Scale Developer Program to promote and monetize new financial solutions.

For FinTechs and software developers, Temenos Exchange will act as an accelerator, helping them develop, validate and monetize new banking solutions. Joining Temenos Exchange means they can write once and sell their solution across a vast banking audience of more than 3,000 clients in 150 countries. Collectively, this community serves the banking needs of 1.2 billion people worldwide.

A new developer program supports temenos Exchange, SCALE, which gives participants access to an API portal, shared and dedicated multi-product sandboxes to develop and validate ideas and improved tooling to speed up development. Temenos will also provide business expertise and support to early-stage FinTechs, including proof of concept testing, to bring new ideas to reality.

One of the newest FinTechs to join Temenos Exchange is Greenomy, an EU Taxonomy/SFDR Solution that enables the redirection of funds towards sustainable activities, speeding up the transition to a carbon-neutral economy in line with the European Commission’s Green Deal. The launch of Temenos Exchange and SCALE program will serve the growing appetite from banks to access innovations, even before they have achieved widespread market adoption.

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: “Temenos Exchange is all about collaboration and co-innovation, unlocking the enormous potential to create and sell solutions that transform consumer experiences and change the DNA of how banks operate. It makes it easier for banks to quickly integrate new FinTech solutions while helping developers accelerate innovation and get new ideas in front of the widest possible banking audience.”

Recently, IBS Intelligence reported that Temenos, the banking software company, announced Nordea Investment Funds SA, the largest asset manager in the Nordics, and part of the Nordea Group, has chosen Temenos Multifonds to transform its investor servicing activities in Luxembourg.

Previous Article

November 24, 2021

Cellulant to power payments for ImaliPay’s drive for Gig Workers’ financial inclusion

Read More
Next Article

November 24, 2021

PayNearby sets up 100,000 micro-ATMs across India

Read More







Advertise with us



IBSi Daily News Analysis

Web 3.0 in FinTech

May 20, 2022

API

Will Web 3.0 unlock the future potential of FinTech?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 20, 2022

Current launches platform API; collaborates with Plaid to deliver Open Finance Solutions

Read More

May 19, 2022

The Credit Thing goes live with TrueLayer’s Open Banking recurring payments

Read More

May 18, 2022

Ophelos partners with consumer lending FinTech Plend for ethical debt resolution

Read More

Related Reports

Sales League Table Report 2021

£ 1,500.00 / year

Know More
Emerging Technologies in Capital Markets

£ 500.00

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More