Banking services are increasingly embedded in people’s everyday lives. This has opened the door for new and disruptive business models to gain popularity.
Metrobank is implementing Temenos Wealth to improve operational efficiency, elevate the customer experience and support business growth from digital channels
GENEVA, Switzerland, March 5, 2024, — Temenos AG (SIX: TEMN), the banking software company, today announces that the publication of its annual report will be rescheduled and is expected to occur on April 15, 2024. The new publication date has been selected with a view to ensuring that the publication of the company's annual report is aligned with the progression of the previously announced independent examination.
Temenos recognized by IDC for its comprehensive digital banking and lending platforms, as well as its support for alternative credit data sources for lending decisions, and composable banking features that provide choice and flexibility for bank clients
GENEVA, Switzerland, February 26, 2024 – Temenos AG (SIX: TEMN), the banking software company, today announces the Board of Temenos has formed a Special Committee led by the Non-Executive Chairman, Thibault de Tersant. While the Board believes Temenos is running a sound business with robust financial controls, the Special Committee will oversee the previously announced examination of the allegations raised in the report published by Hindenburg Research (“Report”).
GENEVA, Switzerland, February 19, 2024 – Temenos AG (SIX: TEMN), the banking software company, today announces its fourth quarter and full year 2023 results.
Europe’s banks see migrating core banking systems to the cloud and SaaS as a strategic priority, to improve customer experience and ensure operations are agile and secure
Temenos’ cloud-native platform enables SBI to rapidly launch US dollar financial products and leading digital experiences to customers across Latin America
Financial institutions in these countries will benefit from Temenos’ world-class banking platform and Nagarro’s regional expertise to offer Country Model Bank functionality
FY-23 ARR grew 16% c.c. to USD730m, exceeding guidance of 13-15%
FY-23 Total Software Licensing growth of 10% c.c. vs. guidance of at least 6% growth
FY-23 EBIT growth of 12% c.c. vs. guidance of at least 8% growth
FY-23 Free Cash Flow grew 26% to USD243m, significantly exceeding guidance of 12-14%
LEAP enables banks to seamlessly and quickly move to the latest cloud-native Temenos technology complete with the latest banking capabilities using AI and a standardized methodology
William Moroney is promoted to President International and joins the Executive Committee
Philip Barnett President Americas also joins the Executive Committee