Temenos Ag · SIX:TEMN
Temenos — Fact Sheet (August 2023)
7 slides from Temenos's fact sheet, August 2023
Slide 1: SEPA Instant TIPS Service
SEPA Instant TIPS Service Instant payments are expanding and set to dominate the global payments landscape in the coming years. This domination extends further than local domestic transfers and will cover all regional and cross border flows, based on new dedicated instant payment schemes and rails.
Slide 2: Temenos Payments
The TARGET Instant Payment Settlement (TIPS) system is one of these new market infrastructure services for clearing SEPA Instant payments. Launched by the Eurosystem, it enables payment service providers to offer funds transfers to their customers in real time and around the clock, every day of the
Slide 3: The challenges in supporting Instant Payments
The challenges in supporting Instant Payments Euro Payments processing is a highly competitive and dynamic endeavor. Consumers and businesses have an ever-expanding array of payments options and providers to choose from. This creates huge pressures on margins and service levels for financial organiz
Slide 4: What our solution covers and features
What our solution covers and features The Temenos Banking Cloud SEPA Instant TIPS Client Service offers organisations* a best-in-class end-to- bank end payment processing service designed for fast deployment and speed to market by combining the following features: • Streamlined, pre-configured TIPS
Slide 5: Predefined TIPS processing, end-to-end capabilities, STP & exceptions
This end-to-end payment service 24/7/365 provides a highly available, scalable and future proof payment execution service including: Predefined TIPS processing • Pre-configured scheme workflows • Fully tested end to end service • Easy to use system integration APIs End-to-end capabilities • Complete
Slide 6: Benefits
Benefits Time to value Future proof • Enable rapid, lower cost implementation of • Continual standards updates to ensure market TIPS services compliance • Ability to accelerate rollout to address time • Demand based scalability to cost effectively sensitive customer and market demands support busine
Slide 7: Find out more about The Temenos Banking Cloud SEPA Instant TIPS Payment Service
temenos.com Find out more about The Temenos Banking Cloud SEPA Instant TIPS Payment Service Get in touch About Temenos Temenos (SIX: TEMN) is the world’s leading open platform for composable banking, creating opportunities for over 1.2 billion people around the world every day. We serve over 3000 ba