Temenos goes live at Commerce Bank, makes new senior hire to drive sales
Ex-Tibco senior exec Erich Gerber joins Temenos as president and chief revenue officer.
Ex-Tibco senior exec Erich Gerber joins Temenos as president and chief revenue officer.
Validata has inked a deal with a large US bank to deliver quality assurance for the bank’s Temenos T24 core banking transformation project. Banking Technology understands this is Commerce Bank.
Banking software vendor Temenos is understood to have laid off a number of staff across its operations in the US, including at the Trinovus and Akcelerant subsidiaries. It is also understood to be eyeing the payments business of DH Corporation, Global Transaction Banking Solution (GTBS, formerly Fundtech).
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Temenos has gone on the record about its core banking software deal with US-based Commerce Bank. As reported exclusively by Banking Technology in June, Temenos was heading towards a contract with Commerce Bank – competing with Fiserv and its DNA offering.
Temenos is believed to be heading towards a new contract for its T24 core banking in the US, Banking Technology understands. Commerce Bank is going to renovate its core processing software – and the system selection is nearing completion. Two vendors are believed to be on the shortlist – Temenos with T24 and Fiserv, which […]