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Canadian Tire Bank partners with Temenos

Wednesday 25 May 2022 10:33 CET | News

Core banking vendor Temenos has partnered with Canadian Tire Bank (CTB) as the firm looks to replace its legacy systems with Temenos’ suite of solutions and modernise its operations, according to Republic Americas.

The core banking upgrade forms part of parent company Canadian Tire Corporation’s omni-channel digital-first growth plan. The firm aims to improve customer acquisition, loyalty, and engagement rates within its CTB financial arm.

CTB is a card issuer from Canada and the adoption of Temenos’ tech will help the company provide enhanced digital banking features for its more than two million customers, including improved account opening and expanded Buy Now, Pay Later (BNPL) capabilities.

Canadian Tire Financial Services’ CEO says the digital upgrade will enable CTB to drive integration across its retail brands and Triangle Rewards loyalty programme, which currently has 11 million active members.


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Keywords: partnership, Temenos, digital banking
Categories: Banking & Fintech
Companies: Canadian Tire Bank (CTB), Ding, Fi, ING, Mode, Stem, Temenos
Countries: Canada
This article is part of category

Banking & Fintech

Canadian Tire Bank (CTB)

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Ding

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Fi

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ING

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Mode

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Stem

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Temenos

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