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Temenos launches Gen AI Copilot for banks to deliver better products faster
Globenewswire· 2025-05-20 06:30
Core Insights - Temenos launched the Product Manager Copilot at the Temenos Community Forum '25, aimed at enhancing banks' ability to innovate and optimize financial products using Generative AI [1][7] - The Product Manager Copilot integrates Microsoft Azure OpenAI Service, providing a conversational interface for product, IT, and customer service managers to utilize Temenos' core banking functionalities [2][5] Product Features - The Copilot is part of Temenos' advanced and enterprise product offerings, designed to help banks design, launch, and test retail products more efficiently [3][4] - It allows product managers to interact through familiar platforms like Microsoft Teams, facilitating quick access to business insights without complex queries [4][5] Market Context - A study indicated that 75% of banks are exploring Generative AI, with 36% already deploying it, highlighting a significant trend towards AI adoption in the banking sector [6] - The integration of Generative AI is seen as transformative for the banking industry, emphasizing the need for traditional banks to innovate rapidly to remain competitive against fintechs and neobanks [6][7] Collaboration and Future Availability - Temenos developed the Copilot in collaboration with clients like Banque Internationale à Luxembourg, ensuring a customer-focused approach to innovation [7][8] - General availability of the Product Manager Copilot is expected in Q4 2025, with financial institutions able to register for early access [8]
nCino to Host 2025 Investor Day
Globenewswire· 2025-05-06 20:35
Company Overview - nCino, Inc. is a leading provider of intelligent banking solutions, helping financial institutions digitize and reengineer business processes to enhance efficiency and customer experience [3] - The company serves over 2,700 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [3] - nCino integrates artificial intelligence and actionable insights into its platform to improve risk management and customer satisfaction [3] Investor Day Announcement - nCino will host its Investor Day on May 20, 2025, in Charlotte, North Carolina, from 1:00 to 3:00 pm EST [1] - The event will be part of nSight, nCino's annual conference, taking place from May 19-21, 2025 [1] - Attendance to the Investor Day is by invitation only for institutional investors and analysts, and the event will be webcast live [1][2]
Down Nearly 40% in Just 2 Months, Is SoFi a Screaming Buy Right Now?
The Motley Fool· 2025-04-11 10:11
The financial sector has been hit hard in the recent stock market downturn, but banking technology company SoFi (SOFI -8.03%) has been beaten down more than most of its peers.As of this writing, SoFi's stock price has fallen by 37% since it reached its peak in January, even after a recent rebound, despite reporting its first full profitable year ever as well as excellent momentum throughout its business. However, it's worth noting that the stock market has been very volatile in the few days before and after ...
Unisys Partners with Thought Machine to Advance Branch Banking with Cutting-Edge Features
Prnewswire· 2025-04-02 13:00
The enhanced digital-first solution streamlines bank operations, boosts security and improves client satisfaction BLUE BELL, Pa., April 2, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) has announced a partnership with Thought Machine, the cloud-native banking technology company, to provide end-to-end core and branch banking solutions that accelerate any bank's technology-first strategies. This solution offers premium features to the banking industry, including trusted, robust transaction processing and the abilit ...