Temenos Group, a provider of integrated core banking systems, has won The Banker’s marketing technology of the year award for TEMENOS eMerge, its pre-configured “bank in a box” designed for microfinance and emerging markets.
Based on TEMENOS T24, the company’s modular core banking system, eMerge on T24 delivers the same core software implemented in over 500 banks across 110 countries and best industry practice from tier one banks around the world.
“Micro-banks sit in large markets with huge growth potential, however they lack the technology to scale and offer banking services at an affordable price,” says Murray Gardiner, general manager of eMerge at Temenos. “By their very nature they have to be able to offer community lending at the lowest cost, so adopting effective technology that achieves a lower cost of ownership is a pre-requisite for doing business.”