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    TEMN   CH0012453913

TEMENOS AG

(TEMN)
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Temenos, Vodeno and Aion Bank Announce Strategic Collaboration to Accelerate the Adoption of Banking as a Service in Europe

09/23/2021 | 02:30am EDT

Temenos, Vodeno, and Aion Bank, announced a strategic collaboration to accelerate Banking as a Service (BaaS) deployment in Europe. The first banking services to be launched combine The Temenos Banking Cloud with Vodeno's card management and payment processing services. This will enable banks and businesses across industries to broaden their portfolio of products offered to their customers by automating and embedding new payments and card services seamlessly in their customer journey. The collaboration across all three parties removes the complexities and regulatory overheads of deploying embedded financial services in Europe. Clients will benefit from faster time to market and the business agility to develop new customer propositions. Temenos and Vodeno are already engaged in several proof of concepts with banks and fintechs across Europe. The Temenos Banking Cloud combines Temenos Transact and Temenos Infinity banking services which will connect via REST APIs to the VODENO Cloud Platform. Through the strategic alliance, clients will be able to instantly issue digital debit and credit cards for retail and business banking customers. Additionally, existing Temenos customers can benefit from financial services embedded in personalized customer journeys, delivered in real-time, at the right touchpoint with intelligent and contextual experiences.


ę S&P Capital IQ 2021
All news about TEMENOS AG
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10/15TEMENOS : Goldman Sachs Lowers Price Target on Temenos, Maintains Sell Recommendation
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More news
Analyst Recommendations on TEMENOS AG
More recommendations
Financials (USD)
Sales 2021 985 M - -
Net income 2021 190 M - -
Net Debt 2021 830 M - -
P/E ratio 2021 44,9x
Yield 2021 0,79%
Capitalization 8 925 M 8 925 M -
EV / Sales 2021 9,91x
EV / Sales 2022 8,78x
Nbr of Employees 7 259
Free-Float 87,3%
Chart TEMENOS AG
Duration : Period :
Temenos AG Technical Analysis Chart | TEMN | CH0012453913 | MarketScreener
Technical analysis trends TEMENOS AG
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Last Close Price 124,75 $
Average target price 150,71 $
Spread / Average Target 20,8%
EPS Revisions
Managers and Directors
Max Chuard Chief Executive Officer
Panagiotis Spiliopoulos Chief Financial Officer
Andreas Andreades Executive Chairman
Mark Winterburn Chief Product and Technology Officer
Alexa Guenoun Chief Operating Officer
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