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T24 News

Temenos has gone on the record about its core banking software deal with US-based Commerce Bank. As reported exclusively by Banking Technology in June,

Housing and Development Bank (HDB) in Egypt has gone live with new core banking software, Temenos’ T24. The new system ousted an in-house legacy development that “had been deeply customised to cater for HDB’s specific requirements”, according to Temenos.

Vancouver City Savings Credit Union (Vancity), the largest credit union in Canada, has gone live on Temenos’ T24 core banking system.

Nigeria-based Sterling Bank has gone live with a core banking package from Temenos including its flagship platform T24. It did so in a “big bang” that saw the new system implemented across 185 branches simultaneously.

Jordan Ahli Bank is live with new core banking software, Temenos’ T24. The go-live is a result of a four-year effort, Banking Technology understands.

Islamic Finance House Pvt.J.S.C (IFH) has successfully upgraded its existing core banking system, Temenos T24 to the latest version, R14. An enhancement which has given way to resource optimisation, scalability management and shortened approval processes.

Qatar Islamic Bank (QIB) has gone live with Temenos’ IslamicSuite package, a solution of mixed services including the vendor’s flagship core banking system T24. The transformation was completed “on schedule” and in a “record timeframe” according to the bank, which quotes two years of work.

Cambodia Post Bank (CPB) has selected Fiorano ESB to integrate its Temenos T24 core banking system with National Bank of Cambodia (NBC)’s FAST (Fast and Secure Transfer) system.

Nordea and DNB will bring together their operations in Estonia, Latvia and Lithuania to create a new bank.

Microcred Group has renewed its licensing agreement with Temenos and its software, MicroBanking Suite.