Temenos Launches AI-Powered Money Movement & Management Platform at Sibos

Core Insights - Temenos launched an AI-powered platform called Temenos Money Movement & Management to enhance payments and account services for financial institutions, enabling faster, more reliable, and cost-effective money movement [1][2][4] Group 1: Product Features and Benefits - The platform integrates payments, accounts, risk, and treasury modules, addressing the complexities and compliance demands faced by financial institutions [1][2] - AI-powered services such as automated payment repair, fraud detection, and copilot tools are included to minimize manual intervention and improve straight-through processing [2] - Built-in integration accelerators facilitate rapid onboarding of digital wallets and alternative payment networks like Wise, Thunes, Mastercard Move, Visa Direct, and Standard Chartered Scale [3] Group 2: Market Position and Adoption - Temenos Money Movement & Management is designed for banks, electronic money institutions (EMIs), and payment service providers (PSPs) involved in cross-border and domestic money movement [4] - The platform has been successfully adopted by FINCI, an EMI, which went live in just four months, highlighting its scalability and efficiency [4][5] - The solution is ISO 20022 and Open Banking ready, available globally as SaaS, or for deployment in cloud, on-premises, and hybrid environments [5]