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 Are the key features of Temenos Transact for Engagement Management?

How does Temenos Transact facilitate Lead Qualification: Technographic?

What Are the key features of Temenos Transact for 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 MidWestOne Bank

Temenos Digital Onboarding helped MidWestOne Bank double digital account openings. Mobile now drives two-thirds of new accounts. Online accounts make up 8% of the portfolio, up from 5.75% before Teme...nos. 90% of applications are decided automatically. Automation saves over 60 hours of manual work. The application-to-decision time dropped from 15 minutes to 2 minutes. Funding a new account now takes just 4.5 minutes, down from 2-3 days.

Banking

CASE STUDY Idaho Central Credit Union (ICCU)

Temenos helped Idaho Central Credit Union automate its loan application process. ICCU increased automation in loan applications by 5% and immediately cleared 20,000 applications. Now, 70% of all loan... applications are fully automated, up by 20%. Loan application and funding times dropped by half, to 12-18 minutes. HELOC application periods fell from one month to 18 days. ICCU grew its customer base by 10-15% and improved customer satisfaction by 5-10%.

Banking

CASE STUDY LOLC (Cambodia) Plc

Temenos Financial Inclusion helped LOLC (Cambodia) Plc modernize its banking operations. Before 2017, LOLC struggled with manual processes and outdated systems. In 2017, they deployed Temenos to digi...tize and expand financial inclusion. By 2024, LOLC saw 57% customer growth and a 308% increase in their general loan portfolio. They nearly halved their cost to GLP ratio to 4.31%. The new system improved efficiency, reduced manual work, and enhanced reporting.

Banking

CASE STUDY Texans Credit Union

Temenos helped Texans Credit Union speed up loan applications from 7 minutes to 2.5 minutes. Loan volume grew by 35% in three months. Loan productivity increased by 17%. Texans Credit Union launched ...new loan products and improved cross-selling. Their NPS score rose from 76 to 82. APIs and SDKs from Temenos enabled faster development and better customer experience.

Financial Services

CASE STUDY Ualá

Ualá used Temenos to upgrade its 10-year-old core banking platform. The company moved from on-premises to AWS cloud to support growth and innovation. Ualá wanted to offer its own banking services aft...er securing a full banking license. The new platform brings operational efficiencies through automation. Ualá aims to improve financial inclusion in Latin America with modern digital banking.

Banking

CASE STUDY President’s Choice Financial (PC Financial)

Temenos SaaS helped President’s Choice Financial (PC Financial) improve operations and launch new products. PC Financial used Temenos core banking on SaaS to quickly bring its first interest-bearing ...product to market. The deployment took just 6 months. Customers now save on banking fees and earn points with the PC Optimum loyalty program. The solution supports PC Financial’s goal to offer simple, valuable banking for Canadians.

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

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for Temenos Transact

Overall Risk Meter

Low Medium High

Top Failure Risks for Temenos Transact

Temenos AG News

Awards

Temenos named best-selling core banking provider for 20th consecutive year by IBS Intelligence

Temenos has been recognized by IBS Intelligence as the best-selling core banking provider for the twentieth year in a row. This award highlights Temenos sustained leadership in core banking software, reflecting strong global adoption and consistent performance across digital banking transformation projects.

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.

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