PR Newswire has published a press release about a new partnership inked by major RippleNet member Temenos.
The company has joined forces with Larsen & Toubro, an infotech giant headquartered in Mumbai, India, working in the spheres of technology consulting and digital solutions on a global scale, to launch a Temenos-powered digital banking platform in the countries of Northern Europe.
Temenos is a member of the RippleNet network built by blockchain decacorn Ripple.
Temenos to modernize banks in the Nordics
Temenos has entered into a partnership with LTI to bring a major upgrade to the traditional banking system in the Northern European area with its digital banking platform.
It will allow banks and other financial institutions to conduct transactions on a larger scale and perform them at low prices.
Use of the Temenos-powered platform will enable banks and institutions to work with clients via new products and services and do it much faster.
Banks to access the whole spectrum of Temenos services
The company's platform will allow banks to gain access to all products powered by Temenos, including Temenos Payments, a payment solution on Temenos Marketplace that the RippleNet member offers.
It will launch a platform for digital banking and all the solutions together with LTI and Syncordis Consulting, which has been a major expert in Europe for Temenos for the past 15 years.