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Temenos (SIX: TEMN), the banking software company, today announced that MIDBANK, a universal bank in Egypt providing retail, corporate, and investment banking services, has selected Temenos' open banking platform to power its digital transformation. The bank will implement Temenos Transact as its core product and Temenos Infinity digital banking platform to replace its legacy systems and streamline its systems and processes as part of a visionary IT transformation strategy.
The Temenos banking platform will enable MIDBANK to meet customers' future needs and the bank's strategic goals as an agile, high-touch and high-tech bank.
Running on Temenos' modern technology stack will enable the bank to provide customers with new and enhanced digital banking...
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