Barko: Chooses Temenos software

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Barko: Chooses Temenos software

Barko Financial Services: Chosen Temenos software to support its ambition to launch a retail bank

  • Barko Financial Services replaced its core and front office legacy systems with Temenos T24
  • The aim is to reduce costs, improve operational efficiencies and accelerate product-to-market timelines for Barko
  • The institution serves millions of lower-income South Africans such as government employees, mineworkers and civil servants
  • Partnership significantly slash onboarding and loan application times and offer digital banking via their mobile devices
  • They also offer personalised products and services and drastically lower total cost of ownership
  • Barko Financial Services expected to go live with Temenos software in six months