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Temenos (SIX: TEMN) announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – will adopt Temenos Banking Cloud to accelerate its core modernization. In 2022, Canadian Tire Bank chose the Temenos platform to replace its legacy core systems and is now extending its relationship with Temenos and moving to a Software-as-a-Service (SaaS) model. This will enable the Bank to deploy banking services more easily and launch new products faster to give customers seamless and more personalized experiences.
Canadian Tire Bank has a digital-first strategy to enhance customer acquisition, loyalty and engagement. Temenos Banking Cloud will help power new business models at scale by advancing the Bank...
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