Temenos has extended its leadership in cloud-based banking and finance software with the launch of its Payment Jub in Microsoft Azure’s cloud.<\/p>\n
The software specialist for banking enables banks to transform their payment, offering a lower initial investment through its cloud service.<\/p>\n
Payment Hub operates as a fully embedded component of the Temenos Core Banking platform, and is available both in the cloud and on-premises.<\/p>\n
It also runs as a standalone payment-processing engine, offering banks a single solution for processing low and high value, and instant payments.<\/p>\n
Darryl Proctor, product director for payments at Temenos, stated:\u00a0\u201cWe have been pioneering with Microsoft since 2011, which led to Temenos becoming the first vendor to put a core banking system in the public cloud.<\/p>\n
\u201cWe are now extending our capabilities by becoming the first to launch a payment hub, that is fully embedded into a core banking platform, in the cloud. With the addition of payments to our cloud offering we have the most complete cloud-based portfolio available in the market.<\/p>\n
“We see a real appetite in the banking space for cloud solutions, with 22% of new business taking cloud services as an alternative to on-premises deals and a doubling of average deal size.\u201d<\/p>\n
Written by Leah Alger<\/p>\n","protected":false},"excerpt":{"rendered":"
Temenos extends its leadership in cloud-based banking and finance software with the launch of its Payment Hub<\/p>\n","protected":false},"author":12,"featured_media":10632,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pmpro_default_level":"","footnotes":""},"categories":[1351,93],"tags":[2218,2219,2217],"yoast_head":"\n