Telenor Microfinance Bank goes live on Temenos' banking platform

Monday 18 October 2021 14:49 CET | News

Pakistan-based Telenor Microfinance Bank has gone live on Temenos’ core banking platform with NdcTech to power its digital banking services.

By employing the Temenos solution and NdcTech’s implementation expertise, Telenor Microfinance Bank will be able to provide customers with access to digital savings accounts and micro-loans. Additionally, this solution will enhance controls, increasing the bank’s ability to comply and achieve operational excellence.

NdcTech collaborated with Telenor Microfinance Bank as the system integrator and implementation partner to lead the banking platform implementation and modernisation project. It adopted a hybrid agile implementation approach to complete the project delivery successfully within the stipulated time amidst the COVID-19 crisis. NdcTech’s expertise in Pakistani market practices and such migrations has enabled the Bank to comply with local regulatory and market requirements and best practices.

The bank went live on core banking platform Temenos Transact, Temenos Financial Crime Mitigation (FCM), Temenos Advanced Collection (TAC), and Temenos Analytics and Reporting, to deliver a secure digital experience to its customers while ensuring sustainable growth.

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Keywords: digital banking, B2B payments, mobile banking, partnership
Categories: Banking & Fintech | Online & Mobile Banking
Countries: Pakistan
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Banking & Fintech

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