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Celebrating Innovation in Banking: The Temenos Awards 2025

Celebrating Innovation in Banking: The Temenos Awards 2025

Temenos Forward Awards Recognize Innovation in Banking

Temenos, a global leader in banking technology, proudly celebrated the winners of the Temenos Forward Awards 2025. These awards shine a light on the groundbreaking innovations of Temenos customers who are setting new standards in the banking industry.

Jean-Pierre Brulard, the Chief Executive Officer of Temenos, expressed his excitement by stating, "As banks adapt to changing customer demands and the challenges of transformative technologies, the Temenos community is at the forefront of shaping the future of finance. We are thrilled to honor those innovative banks that are paving the way toward the future with our awards. Congratulations to all the winners! Together, we are moving banking forward.”

Categories and Winners of the Awards

This year, the selection of awardees was conducted by a panel of judges that included Temenos executives, former winners, journalists, and industry analysts, ensuring a comprehensive appraisal of innovation within the industry.

Future-Ready Banking Award Winner

The Future-Ready Banking Award went to Santander International, which made history in 2024 by becoming the first Temenos client to utilize lending on the Temenos SaaS Foundation Platform. They have successfully transitioned to a nearly entirely customizable SaaS architecture, enhancing customer analysis and reporting capabilities. This achievement reflects Santander International’s unwavering commitment to agility and prioritizing customer-centric solutions.

Customer Experience Excellence Award Winner

PC Financial, a division of Loblaw Companies Limited, received the Customer Experience Excellence Award. This Canadian retailer launched its innovative savings feature for the PC Money Account on the Temenos SaaS platform after just six months of integration. With a focus on improving the customer experience, PC Financial stands out for melding everyday banking products seamlessly with retail offerings.

Fast Track Growth and Digital Transformation Awards

The Fast Track Growth Award was presented to STC Bank for its remarkable evolution from STC Pay into a fully licensed digital bank in Saudi Arabia. By investing in state-of-the-art technologies, STC Bank is redefining banking service standards while employing innovative lending and digital deposit solutions.

Digital Transformation Award Winner

Credem, a well-regarded Italian bank, won the Digital Transformation Award. Credem has been a trailblazer in digital banking by consistently striving to enhance client experiences. The bank has launched multiple new mobile applications using Temenos Digital, delivering a uniform experience for their broad client base. Their new Retail Online Banking (OLB) platform and revamped mobile banking interface are prime examples of their commitment to user experience, resulting in higher app ratings.

Ambassador and People’s Choice Awards

The Ambassador Award was conferred upon Jihyun Lee from Bank Julius Baer for her visionary leadership. As the Head of IT for APAC and Global Core Banking, Jihyun has pioneered transformative projects that revolutionize core banking systems, exemplifying the values of Temenos.

People’s Choice Award Winners

The People’s Choice Award recognizes two entities for their outstanding innovative solutions. MIDBANK, established in 1975, was recognized for modernizing its core and digital banking operations through Temenos, which resulted in improved efficiency and elevated customer satisfaction scores. Their operational costs are also projected to decrease by 20% due to enhanced automation.

EQ Bank, Canada’s first digital bank, was another recipient of the People’s Choice Award. Collaborating with Temenos and Microsoft, EQ Bank has introduced the TDH-EQB Fabric environment, a groundbreaking solution facilitating near real-time data access. This initiative vastly improves operational efficiency and performance.

Conclusion

The Temenos Forward Awards 2025 not only recognize excellence in the banking sector but also serve as a reminder of the exciting innovations transforming the industry. As banks continue to embrace technology and adapt to customer needs, the collaboration between companies like Temenos and their clients will undoubtedly propel the financial sector into a new era.

Frequently Asked Questions

What are the Temenos Forward Awards?

These awards celebrate and acknowledge the innovative strides made by Temenos customers in the banking and finance industry.

Who were the winners of the Temenos Forward Awards?

The winners included Santander International, PC Financial, STC Bank, Credem, and Jihyun Lee from Bank Julius Baer, among others.

What criteria were used to select the winners?

A distinguished panel comprised of Temenos executives, former winners, and industry analysts assessed the innovation and impact of each candidate.

How are the People’s Choice Awards determined?

The People’s Choice winners are selected based on peer voting and jury assessments presented on social media.

What does the Future-Ready Banking Award signify?

This award highlights the winners' ability to adapt and lead in creating agile, customer-centric banking solutions using advanced technologies.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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