News

Convera has chosen to adopt Temenos’ Software-as-a-Service (SaaS) in order to enhance payment processing efficiency, from inbound funding to outbound disbursements, and achieve significant scalability goals. By leveraging Temenos SaaS, Convera aims to double its payments volumes by 2028, expand its payment rails, and effectively compete in the dynamic payments market.

Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation, one of Canada’s largest retail companies, is to accelerate its core modernisation with Temenos.

Temenos (SIX: TEMN) today announced that it has successfully completed certification for the FedNowSM Service, the Federal Reserve’s new instant payment offering launching in July 2023.

Speaking at TCF 2023, Adam Gable, Product Director Financial Crime, Treasury & Risk, Temenos, and Hani Hagras, Chief Science Officer, Temenos, discuss what the spread of instant payments means for financial crime mitigation and how AI and automation can help prevent fraud and maintain compliance.