Temenos Named a Leader in IDC MarketScape for North America Retail Digital Banking Solutions
Globenewswire·2025-11-18 07:30

Core Insights - Temenos has been recognized as a Leader in the IDC MarketScape: North America Retail Digital Banking Solutions 2025–2026 Vendor Assessment, highlighting its strengths in flexible architecture, scale, reliability, and ecosystem integrations [1][2] Company Overview - Temenos is a global leader in banking technology, providing a core banking suite and modular solutions that modernize the banking industry for financial institutions of all sizes [7] - The company invests around 20% of its revenues in R&D annually, demonstrating a commitment to banking innovation [4] Product and Market Position - Temenos Digital is particularly suited for midsize to large banks, credit unions, direct banks, and neobanks, offering a core-agnostic, modern digital banking platform [2] - The platform supports various banking sectors including retail, SME, corporate, and wealth banking across multiple channels [2] Performance Metrics - Banks utilizing Temenos Digital experience a 52% faster customer onboarding time and a 68% higher cross-sell rate, indicating significant operational efficiency and customer engagement [3] Strategic Initiatives - In 2025, Temenos launched an Innovation Hub in Central Florida aimed at developing US-specific banking solutions and fostering collaboration with financial institutions [4]