Praxia Bank selects Temenos core banking service

Monday 10 September 2018 11:08 CET | News

Praxia Bank, a Greece-based challenger bank has signed for Temenos` T24 core banking system with the aim of to growing its SME lending business.

Temenos Group is a provider of banking software systems for retail, corporate, universal, private, Islamic and microfinance & community banks.

Praxia Bank’s strategic goal is to also offer digital products and services to consumers, including deposits, auto loans and consumer lending aiming to grow its loan portfolio to EUR 4 billion by 2022.

With plans to launch a targeted network of retail stores and business hubs, Praxia needed a technology partner that could deliver on its digital-first vision from in-person to online” According Temenos, its brief demanded that the onboarding process needed to be “completely digital, with a single front-end for any and all interactions with the bank”.

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Keywords: Praxia Bank, Temenos, core banking, challenger bank
Countries: World

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