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Temenos, a banking software company, has announced that it won the ‘Best Digital Banking Solution’ award at the Banker Africa–North Africa Banking Awards

Banker Africa, a monthly magazine established in 2013 and circulated in financial institutions throughout Africa, awarded the prize to Temenos in recognition of the company’s digital banking software and continued commitment towards the region.

Matthew Amlôt, the editor of Banker Africa, said, “The Banker Africa Awards programme has become a valued and respected benchmark within the industry and Temenos should be proud that our readers have chosen them for this prestigious prize, which is a celebration of innovation in banking software. This demonstrates the trust and respect for Temenos from the banking and finance community across the North African region.”

Jean-Paul Mergeai, managing director–the Middle East and Africa at Temenos, commented, “I am delighted that Temenos is the first vendor to win this prestigious award. We are constantly striving to keep our market-leading digital banking software ahead of the curve and awards like this, which demonstrate that the market recognises our efforts.”

“Our strategy to invest 20 per cent of our revenues on R&D every year is clearly paying off. This will enable us to continue providing the best technology for our clients to deliver engaging and empowering digital banking experiences to customers and staff. Solutions which, as with everything we do, are open, packaged and upgradable, ensuring our clients never fall behind,” he added.

The software company stated in a statement that this month marked a major milestone with the launch of Temenos Infinity, a digital front office product, and Temenos T24 Transact, the next generation in core banking.

Its digital banking solutions enable banks to provide the right customer insights via the right channel at the right time. The platform also drives massive efficiencies in the back office. As an end-to-end digital platform, the technology offers front office differentiation with back-office automation.

The awards highlight all aspects of successful banking, from financial inclusion to corporate social responsibility, commercial operations and several individual awards.

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