Temenos Transact Overview

Temenos-transact is the most successful and widely used digital core-banking solution globally. Temenos Core Banking software streamlines and enhances banking operations.

Use Cases

Customers recommend Engagement Management, Lead Qualification: Technographic, Product Marketing, as the business use cases that they have been most satisfied with while using Temenos Transact.

Other use cases:

  • Relationship Management
  • Collaboration
  • Products & Pricelist Management
  • Competitive Intelligence
  • Lead Analytics
  • Generation Of New Leads
  • Sending & Publishing Communications
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Business Priorities

Acquire Customers and Increase Sales & Revenue are the most popular business priorities that customers and associates have achieved using Temenos Transact.

Other priorities:

  • Manage Risk
  • Enter New Markets Internationally Or Locally
  • Establish Thought Leadership
  • Launch New Products
  • Scale Best Practices
  • Enhance Customer Relationships
  • Grow Market Share
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Temenos Transact Use-Cases and Business Priorities: Customer Satisfaction Data

Temenos Transact works with different mediums / channels such as Omnichannel.

Reviews

"...Good user interaction, easy administration and flexible licensing methods...." Peer review by Alexandru B., CISO, Banking

Popular Business Setting

for Temenos Transact

Top Industries

  • Banking
  • Financial Services
  • Accounting

Popular in

  • Enterprise
  • Small Business

Temenos Transact is popular in Banking, Financial Services, and Accounting and is widely used by Enterprise, and Small Business,

Comprehensive Insights on Temenos Transact Use Cases

What solutions does Temenos Transact provide for Engagement Management?

What solutions does Temenos Transact provide for Lead Qualification: Technographic?

How does Temenos Transact facilitate Collaboration?

10+ more Business Use Cases

17 buyers and buying teams have used Cuspera to assess how well Temenos Transact solved their business needs. Cuspera uses 250 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific business needs.

Case Studies

Banking

CASE STUDY Texans Credit Union

Texans Credit Union wanted to improve their digital banking and loan services. They used Temenos APIs and SDKs to build custom solutions and connect with third-party loan providers. They cut loan app...lication times from 7 minutes to 2.5 minutes. Loan volume increased by 35% in three months. Loan productivity grew by 17%. Their NPS score went up from 76 to 82. They also created new loan products and digitized the customer experience.

Banking

CASE STUDY Idaho Central Credit Union (ICCU)

Idaho Central Credit Union wanted to improve its loan application process. Their old system was no longer supported, so they needed a new solution with more automation. They chose Temenos for its cus...tomizable and scalable platform. After using Temenos, ICCU automated 70% of loan applications, cut loan processing times by half, and cleared 20,000 applications right away. Their customer base grew by 10-15% and customer satisfaction improved by 5-10%.

Banking

CASE STUDY Bank Albilad

Bank Albilad wanted to offer Shari’ah-compliant banking to more people in Saudi Arabia. They needed a fast, digital solution to reach customers anywhere. They chose Temenos for its full banking softw...are. With Temenos, they launched their retail business in six months. They can now launch new products in three days and set up new subsidiaries in a day. 71% of retail customers now join through digital channels.

Banking

CASE STUDY MidWestOne Bank

MidWestOne Bank wanted to grow online accounts and improve customer experience. They used Temenos' Digital Onboarding product to launch a new digital account opening platform. Digital account opening...s more than doubled, with mobile making up two-thirds. Online accounts now make up 8% of the bank’s portfolio, up from 5.75%. 90% of applications are decided automatically. The application process was cut from 15 minutes to 2 minutes. Time to fund a new account dropped from 2-3 days to 4.5 minutes.

Banking

CASE STUDY Maritime Commercial Joint Stock Bank (MSB)

MSB is a leading bank in Vietnam. The bank needed to modernize because of new digital competitors and changing customer needs. MSB chose Temenos Core, Temenos Payments Hub, and Temenos Data Hub to su...pport its digital transformation. After six months, MSB saw 10% growth in customers and accounts and a 180% increase in transaction volume. The time to launch new products became 2 to 5 times faster.

Banking

CASE STUDY Nova Ljubljanska Banka (NLB)

Nova Ljubljanska Banka (NLB) wanted to become the top bank in South-Eastern Europe by 2030. They used Temenos core banking to help build a digital-first model. The bank cut product time to market by ...50% and reduced operational costs by 25%. Customer onboarding became 20% faster. NLB has used Temenos for over 20 years and found it reliable and scalable.

lightning

Peers used Temenos Transact for engagement management and lead qualification: technographic

Temenos Transact Features

  • Low
  • Medium
  • High
FEATURE RATINGS AND REVIEWS
AI Powered

3.75/5

Read Reviews (8)
Custom Reports

4.61/5

Read Reviews (33)
Analytics

4.35/5

Read Reviews (20)
CAPABILITIES RATINGS AND REVIEWS
AI Powered

3.75/5

Read Reviews (8)
Custom Reports

4.61/5

Read Reviews (33)
Analytics

4.35/5

Read Reviews (20)

Software Failure Risk Guidance

?

for Temenos Transact

Overall Risk Meter

Low Medium High

Top Failure Risks for Temenos Transact

Temenos AG News

Customer

Malaysia's KAF Digital Bank launches on Temenos SaaS platform - IBS Intelligence

KAF Digital Bank in Malaysia has launched its operations using the Temenos SaaS platform. This deployment enables KAF Digital Bank to leverage cloud-native core banking technology, supporting digital banking services and scalable growth in the Malaysian financial sector.

Customer

Temenos Powers KAF Digital Bank Ahead of Public Launch - Fintech News Malaysia

KAF Digital Bank selected Temenos SaaS to power its digital banking platform ahead of its public launch. The solution will help KAF streamline operations and deliver Shariah-compliant financial services to Malaysian consumers, supporting regulatory compliance and digital transformation in the banking sector.

Customer

MuchBetter partners with Temenos to expand its B2B offering - The Paypers

MuchBetter has expanded its B2B offering by launching business accounts built on Temenos' cloud-native core banking platform. This collaboration enables MuchBetter to deliver secure, compliant banking services to specialized sectors underserved by traditional banks, leveraging Temenos technology alongside support from NatWest and SWIFT.

Awards

Temenos Named Best Core Banking System at Banking Tech Awards USA | Nation/World

Temenos received the Best Core Banking System award at the Banking Tech Awards USA, recognizing its leadership in banking software innovation and core banking technology for financial institutions.

Temenos AG Profile

Company Name

Temenos AG

Company Website

https://www.temenos.com/

HQ Location

5th Floor, 71 Fenchurch Street, London, EC3M 4TD, GB

Employees

5001-10000

Social

Financials

IPO