Temenos - News, Articles & Research

Temenos appoints CEO; says sales hit by Hindenburg report

Temenos says allegations of mismanagement made by short seller Hindenburg Research led to a temporary "lengthening of sales cycles" in the first quarter. Meanwhile, the core banking vendor has appointed former VMWare executive Jean-Pierre Brulard as CEO.

23 April 2024

Company announcement/markets

Alter Domus goes live on Temenos Multifonds plafrom

Temenos (SIX: TEMN) today announced that Alter Domus, a leading provider of tech-enabled fund administration, private debt, and corporate services for the alternative investment industry, has gone live on Temenos’ automated fund management platform, implementing the solution in under six months.

18 April 2024

News/regulation

Temenos rejects Hindenburg claims after probe completed

Shares in core banking provider Temenos have risen upon news that an investigation commissioned by the company found that accusations of mismanagement by short seller Hindenburg Research were "inaccurate and misleading".

15 April 2024

Company announcement/cloud

SurePay joins Temenos Exchange partner ecosystem

SurePay has announced that the SurePay solutions will be available via the cloud-based Temenos Exchange partner ecosystem.

11 April 2024

Company announcement/payments

SurePay joins Temenos API exchange programme

SurePay today announced that the SurePay solutions will be available via the cloud-based Temenos Exchange partner ecosystem.

10 April 2024

Company announcement

Ethiopa's Cooperative Bank of Oromia launches new Islamic banking apps with Temenos

Temenos (SIX: TEMN) today announced that Cooperative Bank of Oromia (Coopbank), one of the largest banks in Ethiopia, has launched CoopApp and CoopApp Alhuda on Temenos Digital (Infinity), delivering a modern digital experience for conventional and Islamic banking with greater personalization for more than 12 million customers.

19 March 2024

Company announcement/retail

Lithuania’s Šiaulių Bankas selects Temenos SaaS to modernize core banking

Temenos (SIX: TEMN), today announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform.

27 February 2024

Company announcement/cloud

Orion Innovation wins Africa and Gulf Bank deal

Orion Innovation (“Orion”), a leading digital transformation and product development services firm, is excited to announce it has signed a deal with Africa and Gulf Bank (“AGB”) to modernize the bank’s banking products and services.

22 February 2024

News/retail

Temenos to conduct independent review of Hindenburg allegations

Shares in embattled core banking vendor Temenos continued to wobble as the company reported full year results ahead of guidance but forecast slower growth in 2024 net earnings.

20 February 2024

Company announcement/retail

Commerce implements loan origination on Temenos banking platform

Temenos (SIX: TEMN), today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution, increasing operational efficiency and delivering a frictionless, hyper-personalized customer experience.

20 February 2024

News/people

Activist investor defends Temenos but calls for CEO's removal

Activist investor Petrus Advisers has called for the ouster of Temenos interim CEO Andreas Andreades in the wake of allegations made this week by Hindenburg Research. However, Petrus has rejected some of Hindenburg's criticisms of the Swiss fintech, arguing that it has recently made "substantial progress".

16 February 2024

News/retail

Temenos fights back against Hindenburg report allegations

Swiss core banking vendor Temenos has hit back at Hindenburg Research, insisting that the damning report published yesterday by the activist investment firm contains "factual inaccuracies" and "false and misleading allegations".

16 February 2024