Virgin Money Australia live on Temenos Banking Cloud

Thursday 10 June 2021 11:27 CET | News

Virgin Money Australia has gone live on The Temenos Banking Cloud, enabling the digital bank to innovate and create a digital service that helps them achieve their financial goals.

The Temenos Banking Cloud brings Temenos’ front-to-back banking services, an innovation sandbox, and a Fintech Marketplace, powered by an Explainable AI-enabled.

Virgin Money has aims to disrupt the Australian banking market with a new kind of digital bank for millennials. With Temenos, Virgin Money has brought together credit cards, transaction and savings accounts, plus a loyalty program and personal financial management tools in a single mobile app.

The Temenos Banking Cloud is a SaaS that combines the Temenos Infinity customer onboarding banking service and the Temenos Transact saving accounts banking service. Partner applications for credit card management, payments and its loyalty and rewards program are all connected via an API framework and real-time event architecture.

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Keywords: Temenos, partnership, cloud, digital banking, fintech, artificial intelligence, credit card, SaaS, API
Categories: Banking & Fintech
Countries: Australia
This article is part of category

Banking & Fintech