WeLab: Live with Temenos

  • WeLab Bank designed, built and launched using cloud-native Temenos Transact in less than 10 months
  • WeLab Bank offers next generational digital services for the 7.5m people in Hong Kong to access from their mobile phones
  • Customers can open accounts remotely in just 5 minutes with bank reporting 10,000 account openings within 10 days of launch
  • WeLab Bank powered by cloud agnostic Temenos Transact for core banking along with Temenos Analytics and Financial Crime Mitigation
  • Implemented on Amazon Web Services and Google Cloud, WeLab Bank is the first multi-cloud digital bank in Hong Kong
  • Temenos cloud native software built for the digital age using API-first and DevOps principles
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

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks. Highlights:FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...