Temenos

Payments
At Temenos, our leading
position in the market is
based upon us continually
combining the richest
end-to-end functionality
with the most advanced
cloud native, cloud
agnostic, AI, and API-first
technology.
This laser focus on innovation and customer
value is supported by the highest levels of
investment in R&D in the industry, and has
enabled Temenos to create a unique market
offering - advanced SaaS first next generation
payments processing on the number 1
technology platform in banking.

Temenos payments provides a range of

optimized solutions covering the payments
processing lifecycle. Our key payment
products are Payments Hub, Payments Repair
and Payments Order Management, each of
which can be implemented by themselves
or else combined to provide seamless
integration. The products are available as a
SaaS solution, in the cloud or on premise and
deliver accelerated business growth, optimize
processing efficiencies, and enhanced service
innovations in payments.

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How we address your goals and challenges
Financial institutions, in every market, are experiencing significant
disruptions to their payments businesses generated by a range of
compelling market and business drivers. Each driver for change
can warrant a major impact on a bank’s resources:

Mandated ISO 20022 migrations – both

Global and Regional
New Instant / Real time payment
schemes
New service demands – SWIFT gpi, Open
API access
New Payment Services – Request to Pay,
Confirmation of Payee
Ever Increasing volumes – with ever
increasing range of channels and
instrument diversity
Large traditional competitors – expanding
and entering into new markets
New competitors – such as Big Tech
& Fintech stealing the customer
relationship
Ever demanding customers – expecting
increased transparency, speed of service
Technology refreshes – due to aging
infrastructures and structural limitations

The list is continually updating and leads to huge

pressures on the existing infrastructures and
capabilities of each bank to accommodate these
changes efficiently and cost effectively

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What our solution covers

Temenos Payments Ecosystem

Temenos offers a SaaS first ecosystem of proven products covering the payments
lifecycle for order intake to clearing and settlement. These products are designed to
work separately or together, via SaaS, cloud, or on-premise, providing flexibility to tailor a
payment solution specific to your individual requirements.

UX platform covering
all channels and giving
PSD2 (PISP APIs),
access to APIs
FATF,Transparency
Information etc.
Multi- Dedicated front office
Compliance Channels application to manage
payment journeys
Analytics and reporting across all channels
platform, providing Business (internet, mobile,
dashboards & KPIs Intelligence Temenos Payment manual, 3rd party
Order
aligned to Temenos Payments provider)
solutions Ecosystem
Financial Universal Payments Hub
Payment
Crime processes all payment
Execution
Mitigation types, optimizing
Sanction
Screening, AML, Payment performance
FATF, Suspicious Repair
Behaviour etc.
Rule-based payment
message enrichment
and repair

When the different propositions are combined the ecosystem creates a powerful set of
integrated services, which deliver increased levels of automation, and reduced processing
costs. Demands for such capabilities and results are continually on the rise especially as
numerous market drivers for change increase complexities and so put pressures on costs.

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 Key offerings include:

Payments Hub
Next generation payments orchestration
and distribution

Temenos Payments Repair

Sophisticated automation of transaction repair
Payments and enrichment

Payments Order Management

Transaction initiation and order management
across channels

Temenos Payments delivers SaaS first solutions supporting cloud native and
cloud agnostic deployment but also offers additional choices in how each
bank ultimately seeks to implement.

Those choices include:

Temenos-Payments-Platform-as-a-Service (PPaaS)
Based on specific rails and specific markets where Temenos have
created a full end-end environment to incorporate the clearing
gateways required. This consume-as-you-go service will provide an
extremely attractive, cost effective option to many banks.

Temenos Software-as-a-Service (SaaS)

Elimina el impacto de la implementación la administración in situ de los servidores y los
componentes de infraestructura que lo acompañas, esta oferta SaaS aprovecha las nubes
públicas de Microsoft Azure, Amazon AWS y Google Cloud.

Cloud hosted
Can be implemented on the bank’s own cloud environment.

On-Premise
Traditional on-premise deployment on servers and platforms
maintained and supported by the bank.

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Features

Payments Hub ONE SOLUTION

FOR ALL PAYMENTS
Temenos Payment Hub is a functionally
rich, next generation payments processing
hub built on the number 1 technology
platform in banking. The solution is Components
designed to be implemented to run the
Payments Order
enterprise payments operations of any
bank, whether they are running Temenos’ Payments Execution
award winning number 1 core banking Payments Repair
solution Transact, or any other core
banking and/or support systems. Payment Types
The solution supports retail, corporate • Instant Credit • Cheque
and private wealth’s payments businesses, Transfer • Standing
from low value high volume, to high value • Credit Transfer Order
low volume, from ACH to RTGS, from cross • Direct Debit • Others
border to domestic, from batch to real
time, from cash to account or account to Payment Scheme
cash consumer remittance flows, as well
as large salary file runs or correspondent • SWIFT • Local Clearings
banking payments. A truly comprehensive, • RTGS • Easy Adoption to
• Instant Payments new standards
universal platform for efficient payment
execution and distribution.
When acting as a centralized hub, the Payment Formats
solution standardizes, accelerates,
automates, and integrates payment flows
across geographies and entities, efficiently
linking multiple payment sources and
channels with multiple clearing and
distribution networks and services. Transaction Types

• Outgoing, Internal, • R-Messages

Redirect, Incoming • Investigations
• Batch Files;
Single

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Features

Payments Repair
Our Payments Repair solution markedly
improves straight through processing
(STP) rates by automatically repairing and
enriching messages. This enables payment
transactions to be conducted electronically
without the need for re-keying or manual
interventions. It is based on artificial
intelligence type technology combined with
a unique Temenos Banking Community
generated Knowledge Base, which
integrates seamlessly into any payment
platform and operational system. Payment
Repair is made up of sophisticated STP
management products that can help banks
to significantly improve their STP Rates.

Unique knowledge base

accumulated through Tier 1
client base
USER COMMUNITY

BANK SPECIFIC DATA

FINANCIAL DATABASES LEXICONS Patterns
BIC+, CHIPS, RIB, others Bank - City - Country
Preferred correspondents

Rule
Definition

Incoming payment message Payments Enriched and repaired payment

Repair

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Features

Payment Order Management

Our Payment Orders management solution provides comprehensive front office
capabilities to enhance customer payment journeys on end-user channels like mobile,
online banking and any third party applications. This highly flexible application supports
business/scheme rule validations, order submission and tracking using APIs.

CHANNEL RETAIL and WEALTH RESTful Internal & SWIFT CLEARING

Internet & CORPORATE Management APIs External Correspondent systems
Mobile Banking Banking Application network

Core Banking
Fraud
Payment Order (Initiation)
Sanction
Screening

Auto Payment Hub (Execution)

Analytics External
Repair

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Temenos next generation
payments delivers:
TECHNOLOGY
Ensuring that the latest standards for
integration and deployment are supported
including open API access and cloud native
deployment

ARCHITECTURE
Creating a more agile, flexible environment
to support the dynamic needs of digital
payments, components, containerization,
etc.

COMPLIANCE
Provision of support for market changes,
new payment services and schemes

FUNCTION
Improved capabilities in routing, tracking,
product setup, customer servicing,
exception management, automation,
reporting

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Benefits

Ability to cost effectively address key

challenges in payments

Ability to scale and manage increased volumes

and diversity

Ability to leverage investment in platform

across multiple business areas

Quicker time to market for new solutions and

services

Ability to improve customer servicing and

satisfaction through higher STP rates and
optimizations

Create long term, sustainable platform and

partnership for business growth

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temenos.com

We are delighted to continue this long-standing partnership with

Temenos as together we take our international payments strategy
to new markets and geographies. Running the Temenos Payments
platform across our international locations, we can harmonize our IT
infrastructure. Temenos Payments plays a vital role in future-proofing
our internal payments strategy in a market where continuously evolving
regulatory demands and rapid technological advancements demand
agility and continuous innovation.”

Alex Room,
Product Owner - Payments for
ABN AMRO International Core Banking

Get in Touch
To find out more about Temenos Payments,
contact us.

About Temenos
Temenos AG (SIX: TEMN) is the world’s leader in banking software. Over 3,000
banks across the globe, including 41 of the top 50 banks, rely on Temenos to
process both the daily transactions and client interactions of more than 500
million banking customers. Temenos offers cloud-native, cloud-agnostic and
AI-driven front office, core banking, payments and fund administration software
enabling banks to deliver frictionless, omnichannel customer experiences and gain
operational excellence.
Temenos software is proven to enable its top-performing clients to achieve
cost-income ratios of 26.8% half the industry average and returns on equity of
29%, three times the industry average. These clients also invest 51% of their IT
budget on growth and innovation versus maintenance, which is double the
industry average, proving the banks’ IT investment is adding tangible value
to their business.

For more information, please visit www.temenos.com