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Mbanq: Partners with Temenos

Mbanq: Partners with Temenos

  • Mbanq is a global provider of cloud banking technology headquartered in Silicon Valley with additional offices in Europe and Asia
  • Temenos AG is the world’s leader in banking software combining the richest packaged functionality
  • Temenos partners to power innovative CUaaS offering for US Credit Unions, a market estimated at $3.6bn annually
  • This solution is a new end-to-end comprehensive service to help US Credit Unions of any size accelerate their digital transformation
  • The two companies are already engaged in customer acquisition and proof of concepts in the US with Credit Unions
  • The US has over 5,000 credit unions with over 100 million members representing over $3.6 billion per year in technology spend

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