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T24 News

Selection of T24 core banking system marks a major technological step for Societe Generale de Banque au Liban

EASTWEST Bank is migrating its core banking system to Temenos T24, a multiawarded global system used by other foreign financial institutions

Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that it has signed a deal with The National Bank (TNB) in the State of Palestine to provide it with T24, Temenos’ core banking system, to replace its existing platform.

GENEVA, Switzerland – 17 June 2014 – Temenos (SIX: TEMN), the market leading provider of mission critical software to the banking industry, today announces a share buyback programme for 2014. The company will allocate up to USD 120m to the buyback of shares which will subsequently be cancelled.Calculated at the current share price, this amount equates to approximately 5% of the outstanding capital of the company.

Temenos’ decade of microfinance experience and strong partner network to benefit charity’s expansion plans 

Temenos has announced that Jean-Paul Mergeai has been appointed to lead its Middle East team. His appointment is part of Temenos’ drive to further enhance its strong presence in the region.

PALO ALTO, USA: Temenos, the banking software provider has partnered with Fiorano Software to provide Temenos T24 customers an 'out of the box' integration solution for their core banking system, making it an ideal choice for T24 clients who do not have an incumbent ESB (Enterprise Service Bus) as well as those implementing a 'bank in a box' solution.

 

Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that it will be providing Banesco Grupo Financiero Internacional with a suite of products, including T24, Temenos' award-winning core banking system, to support its global strategy.

Following the successful automation of all the Rural and Community Banks (RCBs) in Ghana on Temenos T24 platform for real time online transaction processing; through the parent Bank, Association of Rural Banks (ARB) Apex Bank, the bank has increased her T24 concurrent Users Licence to over 2000 to enable her sustain the increased growth experienced as a result of the deployment.

Keeping with its tradition of superior customer service, Sharjah Islamic Bank (SIB) signed an agreement with Temenos for its T24 core banking system‘. This is in line with the bank’s Business and IT Strategy to offer advanced banking products and services with rapid time to market.