Temenos

Funding from the State of Texas, City of Houston, Harris County Saves At-Risk Permanent Supportive Housing

Retrieved on: 
Monday, March 4, 2024

NEW YORK, March 4, 2024 /PRNewswire-PRWeb/ -- Temenos Community Development Corporation (CDC) in partnership with The NHP Foundation ("NHPF"), a national not-for-profit provider of affordable housing, announced the opening of Rasmus-Temenos, 95 Permanent Supportive Housing (PSH) apartments at a Ribbon-Cutting ceremony today.

Key Points: 
  • Funding for this transformative project includes significant contributions from the City of Houston Housing and Community Development, with $12.5 million allocated, and $11 million in Community Development Block Grant (CDBG) funding for Disaster Recovery from Harris County.
  • These critical funds, approved by the Texas General Land Office (GLO), underscore the government's commitment to supporting initiatives that address homelessness and housing insecurity.
  • Temenos CDC, known for its mission-driven approach to affordable housing and supportive services, has played a pivotal role in championing this initiative.
  • Eva Thibaudeau, CEO of Temenos CDC, highlighted the cooperative nature of the project and thanked all funding partners for their support.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Temenos AG - TMSNY

Retrieved on: 
Sunday, March 3, 2024

NEW YORK, March 3, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Temenos AG ("Temenos" or the "Company") (OTC: TMSNY).

Key Points: 
  • NEW YORK, March 3, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Temenos AG ("Temenos" or the "Company") (OTC: TMSNY).
  • The investigation concerns whether Temenos and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On February 15, 2024, Hindenburg Research ("Hindenburg") published a report entitled "Temenos: Major Accounting Irregularities, Failed Products and An Illusive Turnaround."
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

i2c Marks a Year of Exceptional Growth and Innovation in 2023

Retrieved on: 
Wednesday, January 31, 2024

i2c Inc. , a leading provider of banking and payments solutions, celebrates a string of achievements in 2023 to commemorate a strong business year for the company.

Key Points: 
  • i2c Inc. , a leading provider of banking and payments solutions, celebrates a string of achievements in 2023 to commemorate a strong business year for the company.
  • The year was marked by dynamic growth with new leadership at the helm, several expanded partnerships with existing clients, along with the launch of programs with new global partners.
  • Additionally, Peru’s largest bank, Banco de Credito, selected i2c to power their digital banking app .
  • Expanded existing global partnerships: i2c supported Payfare’s expansion into Canada and the UK to provide international gig workers with instant access to their earnings and more.

Hamilton Reserve Bank Accepts 70 Deposit Currencies, Expanding Staff, Offices Worldwide In 2024

Retrieved on: 
Wednesday, January 17, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117015042/en/
    Hamilton Reserve Bank is now accepting 70 different currencies as client deposits, including all of the world’s major currencies.
  • Powered by Temenos , the world’s largest banking software provider, Hamilton Reserve Bank enables fast customer onboarding 100% online in 20 minutes .
  • Ghassan Nasr, CEO , International Markets of Hamilton Reserve Bank commented: “What makes Hamilton Reserve Bank so successful as the primary local bank for our worldwide clients is quite simple: total privacy, fast banking transactions, and best hassle-free private banking services.
  • These 70+ deposit currencies have well-positioned Hamilton Reserve Bank as the ‘local global bank’ for many clients.

Temenos to Work with MAS to Advance Sustainable Finance

Retrieved on: 
Thursday, November 16, 2023

Gprnt is the culmination of MAS’ Project Greenprint and aims to address the financial sector and real economy’s needs in collecting and accessing trusted climate- and sustainability-related data.

Key Points: 
  • Gprnt is the culmination of MAS’ Project Greenprint and aims to address the financial sector and real economy’s needs in collecting and accessing trusted climate- and sustainability-related data.
  • With the Temenos Carbon Calculator, an industry-first, Temenos’ clients get CO2 emissions insights from their actual use of Temenos Banking Cloud.
  • Temenos tops global indices and ratings including a Triple A MSCI ESG rating and a top ranking in Dow Jones Sustainability Indices.
  • Temenos is the only banking technology company to have ambitious carbon emissions reductions validated by the Science-Based Targets Initiative (SBTi).

K-12 Solutions Provider LINQ Announces New Hires to Executive Team

Retrieved on: 
Wednesday, December 13, 2023

LINQ, a leading K-12 education solutions provider, announced the addition of two experienced professionals to its senior leadership team in its ongoing efforts to support K-12 school districts and state education agencies.

Key Points: 
  • LINQ, a leading K-12 education solutions provider, announced the addition of two experienced professionals to its senior leadership team in its ongoing efforts to support K-12 school districts and state education agencies.
  • Bringing a collective expertise spanning diverse industries, LINQ welcomes Cody Draper as Chief Financial Officer and Jim Gagliardi as Chief Product Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231213254911/en/
    Cody Draper is the new CFO of K-12 solutions provider LINQ.
  • “At LINQ, we know the challenges in K-12 extend beyond academics and include the intricate management of business and nutrition operations,” said Bryan Jones, CEO of LINQ.

JRNI Intelligent Customer Engagement Platform Now Available on Temenos Exchange

Retrieved on: 
Monday, November 13, 2023

JRNI , the enterprise-grade customer engagement platform with solutions for Event Management, Appointment Scheduling, and Queuing/Lobby Management, today announced availability on the Temenos Exchange , the open marketplace for fintech solutions.

Key Points: 
  • JRNI , the enterprise-grade customer engagement platform with solutions for Event Management, Appointment Scheduling, and Queuing/Lobby Management, today announced availability on the Temenos Exchange , the open marketplace for fintech solutions.
  • The Intelligent Customer Engagement Platform enables financial institutions to drive more engagements, less waiting, and faster revenue.
  • Integrating with Temenos provides financial institutions an enterprise-grade option to enhance the customer journey to drive improved business outcomes.
  • “JRNI’s participation in Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily drive engagement volume and improve transaction velocity through the Intelligent Customer Engagement Platform.

Temenos Leads Evolution in Correspondent Banking as Banks Seek to Modernize Cross-Border Payments in the Cloud

Retrieved on: 
Wednesday, October 11, 2023

Temenos Correspondent Banking solution includes pre-configured banking capabilities for nostro and vostro account servicing, cash management, cross border payments, treasury, liquidity management, customer onboarding and financial crime mitigation.

Key Points: 
  • Temenos Correspondent Banking solution includes pre-configured banking capabilities for nostro and vostro account servicing, cash management, cross border payments, treasury, liquidity management, customer onboarding and financial crime mitigation.
  • It can be taken as a SaaS service or deployed on the cloud, supporting 24 x 7 payments processing.
  • While retail banks are leveraging cloud technologies to help them transform, the cross-border market has been lagging by comparison.
  • As SaaS, the Correspondent Banking solution gives banks a low-risk modernization path to elevate their correspondent banking capabilities helping them maintain and grow their cross-border payments business sustainably.

Economist Impact Research for Temenos Shows Banking is Becoming Byte-Sized with Rise of Embedded Finance

Retrieved on: 
Thursday, September 28, 2023

The report, “ Byte-sized banking: Can banks create a true ecosystem with embedded finance?” finds that payment companies, technology and e-commerce disruptors are competing against banks with embedded finance solutions.

Key Points: 
  • The report, “ Byte-sized banking: Can banks create a true ecosystem with embedded finance?” finds that payment companies, technology and e-commerce disruptors are competing against banks with embedded finance solutions.
  • Almost four-in-five (79%) of survey respondents agree that banking will become “embedded” in consumers’ lives and businesses’ value chains.
  • Jonathan Birdwell, Global Head of Policy & Insights, Economist Impact, said: “New technology and customer demands are the top two trends expected to impact banking in the next five years.
  • Against this backdrop, banking executives surveyed foresee relationships within the industry evolving over the next one to three years.

Temenos Brings Innovative Payments Capabilities to IBM Cloud to Help Banks Transform with Focus on Security and Compliance

Retrieved on: 
Wednesday, September 20, 2023

Now, with the Temenos Payments Hub on IBM Cloud for Financial Services, the solution is available across IBM’s hybrid cloud infrastructure, running on Red Hat OpenShift with IBM Power as well as LinuxONE.

Key Points: 
  • Now, with the Temenos Payments Hub on IBM Cloud for Financial Services, the solution is available across IBM’s hybrid cloud infrastructure, running on Red Hat OpenShift with IBM Power as well as LinuxONE.
  • With Temenos Payments Hub, banks can progressively modernize their payments capabilities and their integration with new payments schemes and rails.
  • With Temenos Payments Hub on IBM Cloud for Financial Services, banks can combine IBM’s expertise in providing secured, cloud infrastructure with Temenos’ innovative payments solutions.
  • With Temenos Payments Hub, banks can quickly implement instant payments services like FedNow and can then proceed to progressively modernize their payments capabilities.