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May 27, 2021

TCF 2021: Digital presents once-in-a-generation opportunity to make banking better

By Douglas Blakey

Temenos has enjoyed a strong run up to TCF 2021 with shareholders okaying a dividend increase for the 10th consecutive year. Add in strong contract wins and the ongoing growth of Temenos MarketPlace. The latter now comprising over 50 curated fintech solutions. Accordingly, it is no surprise that Temenos executives are in good form at TCF 2021. As Temenos Europe President, David McDonald, flags up, Temenos now serves over 70 challenger banks and counting. That means it serves more than six times as many customers as its nearest competitor.

TCF 2021 keynotes

It also helps the mood of TCF 2021 to feature keynotes from industry heavyweights such as Barclays Consumer Banking and Payments CEO, the CTO from PayPal and the founders of challenger lenders Varo and Judo.

The theme of TCF this year is making banking better and according to Temenos, digital banking represents a once-in-a-generation opportunity to do just that and propel the industry forward.

Consumers and business customers are increasingly demanding and expecting fast, frictionless, personalised experiences. Covid-19 has accelerated the trend towards digital banking and new technologies such as the Cloud, AI and SaaS. The business case for transformation is, says Temenos Europe President David McDonald, compelling.

Temenos technology gives all of its 3,000 client banks the freedom, agility and speed to innovate and adapt to changing customer behaviour, business and regulatory change.

David McDonald, President, Europe, Temenos speaks with RBI editor Douglas Blakey

The launch of the Temenos Banking Cloud will be eagerly observed by its client banks and prospects.

Let us all hope that in 12 months time, at TCF 2022, there will be the opportunity to meet again in person, at one of the industry’s keynote annual events.

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