RippleNet Member Temenos Picked by LTI to Offer Digital Banking Platform in Nordics

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.

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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.