Praxia Bank selects Temenos T24 core banking system

0
258
Praxia Bank selects Temenos T24 core banking system

Praxia Bank selects Temenos T24 core banking system targeting the area of SME lending and consumer credit

  • Temenos provides enterprise software for banks and financial services, with its headquarters in Geneva, Switzerland
  • The project will launch Praxia as the first challenger bank in the Greek market
  • The platform allows the bank to offer further digital products to its customers, like deposits, auto loans called greenfield implementation project
  • Praxia has plans to launch a network of retail stores and business hubs, so the choice on system was based on the ability to deliver on its digital-first vision from in-person to online
  • The onboarding process will also be completely digital, with a single front-end for any and all interactions with the bank
  • Praxia aims to grow its loan portfolio to €4 billion by 2022