Raiffeisen Bank Modernizes with Temenos Core in Bosnia-Herzegovina

A major banking transformation: Raiffeisen Bank adopts Temenos Core for enhanced efficiency and customer experience

Highlights:

  • Core Banking Upgrade: Raiffeisen Bank dd Bosnia-Herzegovina successfully transitions to Temenos Core for retail banking.
  • Cloud-Based Efficiency: The new system, deployed on Red Hat’s OpenShift hybrid cloud, enhances scalability and automation.
  • Innovation & Growth: The modernization supports Raiffeisen Bank’s expansion and reinforces its reputation for banking innovation.

Summary:

Raiffeisen Bank dd Bosnia-Herzegovina has gone live with Temenos Core, marking a significant step in its digital transformation. The move from legacy systems to a modern, cloud-based core banking solution enhances efficiency, streamlines operations, and improves customer experience.

The implementation, supported by Temenos and Tech Mahindra, aligns with Raiffeisen Bank’s commitment to innovation and growth in Bosnia-Herzegovina.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Monzo’s Savings Challenge: Addressing Customer Retention Gaps

How Monzo is tackling retention issues in their savings products.Highlights: Monzo launches a new savings challenge to enhance...

Abound Ventures into Mortgage Market with Ahauz Acquisition

A strategic move aimed at enhancing digital mortgage solutions.Highlights: Abound acquires Ahauz to enhance its mortgage offerings.The acquisition...

Visa Partners with BVNK for Stablecoin Payment Solutions

Exploring Visa's innovative step into the realm of stablecoin transactions.Highlights: Visa collaborates with BVNK to enable stablecoin payments.New...

Payments Association Urges Bank of England to Accelerate Stablecoin Development

Concerns grow over the regulatory hurdles facing stablecoin innovation.Highlights: Payments Association calls for regulatory clarity on stablecoins.Bank of...