Bank ABC taps Temenos and NdcTech for core banking overhaul
Temenos’ core banking tech will also be used to power Bank ABC’s ila Bank, a digital mobile-only challenger.
Temenos’ core banking tech will also be used to power Bank ABC’s ila Bank, a digital mobile-only challenger.
The test was facilitated by JP Morgan’s new blockchain-focused business unit Onyx.
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
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Bank ABC’s deputy group CEO calls this a “landmark pilot”.
Less than two years ago Bank ABC promised to “transform banking”.
Bahrain-based Bank ABC (Arab Banking Corporation) is modernising its digital channels for retail and wholesale banking customers with Backbase’s tech.