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Monday, October 27, 2025

WeLab: Live with Temenos

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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.
  • 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
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