The Temenos Exchange: Enhanced Open Marketplace for Fintech Solutions

By • on November 24, 2021

The Market Screener website reported that Temenos, the banking software company, has announced Temenos Exchange, a new Fintech marketplace to bring open banking innovation to market faster, and at scale. This comes as the banking industry moves towards open innovation and platforms and trends such as embedded finance are gaining traction. According to a recent Economist Intelligence Unit survey of global banking executives, almost half (47%) expect their businesses to evolve into ecosystems over the next two years, offering their own and third-party products and services to customers as well as other financial organizations. Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: “Temenos Exchange is all about collaboration and co-innovation, unlocking the enormous potential to create and sell solutions that transform consumer experiences and change the DNA of how banks operate.”

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