Temenos is the de facto technology platform of choice for 60 digital challenger banks globally
Temenos has revealed that Saven Financial, a division of FirstOntario Credit Union, has gone live with Temenos Infinity and Temenos Transact.
According to the press release, the digital-only greenfield credit union offers high-interest savings accounts and investment certificates (GICs), leveraging Temenos technology.
Saven is built on the same cooperative principles as FirstOntario – making a lasting impact on local communities by re-investing a portion of earnings into its communities. Members can select the causes they are passionate about, giving back to their communities without impacting their rates or returns.
Saven used Temenos Infinity, the omnichannel digital banking solution, and Temenos Transact to launch an end-to-end digital platform.
Temenos technology offers Saven the flexibility and agility to quickly roll out new products as it grows its offering. With its relentless investment in R&D, Temenos provides Saven with technology, ensuring it can continue to grow and remain competitive.
We’ve reported that Wise is now available on Temenos MarketPlace.