{"id":568299,"date":"2025-05-20T07:19:44","date_gmt":"2025-05-20T06:19:44","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=568299"},"modified":"2025-05-20T07:19:44","modified_gmt":"2025-05-20T06:19:44","slug":"moneycorp-taps-temenos-saas-to-power-global-payments-fx-expansion","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/moneycorp-taps-temenos-saas-to-power-global-payments-fx-expansion\/","title":{"rendered":"Moneycorp taps Temenos SaaS to power global payments and FX expansion"},"content":{"rendered":"<p class=\"\" data-start=\"75\" data-end=\"348\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-553904 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/12\/temenos_logo-1.jpg\" alt=\"Temenos, Moneycorp, Cross Border Payments, SaaS, Core Banking, FX Services, Fintech news, Fintech UK\" width=\"177\" height=\"177\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/12\/temenos_logo-1.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/12\/temenos_logo-1-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/12\/temenos_logo-1-100x100.jpg 100w\" sizes=\"auto, (max-width: 177px) 100vw, 177px\" \/>UK-headquartered cross-border payments and FX platform <a href=\"https:\/\/www.moneycorp.com\/en\/\">Moneycorp<\/a> has selected <a href=\"https:\/\/www.temenos.com\/\">Temenos<\/a> SaaS to modernise its core banking and payments infrastructure. The company aims to accelerate global growth and enhance client experience with scalable, cloud-native technology.<\/p>\n<p class=\"\" data-start=\"350\" data-end=\"770\">Operating across Europe, North America, South America, and Asia, Moneycorp facilitates FX and payment services for corporates, financial institutions, and individuals. In 2023, the firm processed \u00a371 billion in trading volume, served 11,000 B2B clients, 250 financial institutions, and 23,000+ individuals, handling over 1 million payments to 190 countries under 63 global regulatory permissions.<\/p>\n<p class=\"\" data-start=\"772\" data-end=\"876\">With Temenos\u2019 multi-country Model Bank and <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/standard-chartered-to-offer-fx-api-service-on-temenos-exchange\/\">API-driven<\/a> architecture, Moneycorp will benefit from:<\/p>\n<ul>\n<li data-start=\"879\" data-end=\"982\">Faster product launches across regulatory jurisdictions using a build-once, deploy-anywhere model<\/li>\n<li data-start=\"985\" data-end=\"1087\">Streamlined integration with its current ecosystem, improving agility and reducing delivery risk<\/li>\n<li data-start=\"1090\" data-end=\"1240\">Advanced wallet and payments capabilities, allowing it to focus on customer growth while maintaining a seamless and personalised user experience<\/li>\n<\/ul>\n<p class=\"\" data-start=\"1242\" data-end=\"1368\"><strong data-start=\"1242\" data-end=\"1259\">Srini Kasturi<\/strong>, <strong>Group CTO of Moneycorp<\/strong>, emphasised the need for cutting-edge technology to support the company\u2019s mission: \u201cBest-in-class technology is key to delivering the seamless client experience and personalised service that Moneycorp is known for, so we are delighted to partner with Temenos, an established global leader in banking technology. Temenos\u2019 multi-country support and localisation will enable us to launch new solutions quickly around the world, while running on SaaS will help us to scale efficiently while maintaining our focus on delivering our award-winning, easy-to-use service to customers worldwide\u201d<\/p>\n<p class=\"\" data-start=\"1588\" data-end=\"1639\"><strong data-start=\"1588\" data-end=\"1606\">Mark Yamin-Ali<\/strong>, <strong>MD, Europe at Temenos<\/strong>, noted, \u201cThis strategic transformation will see Temenos underpin Moneycorp\u2019s global core banking and payments operations with deep functionality and local expertise across Western Europe and the U.S. Moneycorp sought a SaaS solution with deep functionality and the latest technology\u2014capabilities only Temenos could deliver\u2014along with our expertise in Western Europe and the U.S. We look forward to working with Moneycorp to drive the next phase of their impressive growth story.\u201d<\/p>\n<p class=\"\" data-start=\"1836\" data-end=\"2017\">This partnership reinforces Moneycorp\u2019s ambition to grow its cross-border services and product portfolio globally, with the backing of a trusted and scalable FinTech infrastructure.<\/p>\n","protected":false},"author":35737,"featured_media":553904,"parent":0,"template":"","categories":[43159,11368,11376,11384],"tags":[11712,37002,11668,11508,13440,24223,34881,20095,13966,14288,23357,12714],"class_list":["post-568299","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-apis","category-core-banking","category-digital-banking","category-payments","tag-asia","tag-core-banking-modernization","tag-cross-border-payments","tag-europe","tag-fx","tag-fx-services","tag-global-payments-infrastructure","tag-model-bank","tag-moneycorp","tag-north-america","tag-south-america","tag-temenos"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Moneycorp taps Temenos SaaS to power global payments &amp; FX expansion<\/title>\n<meta name=\"description\" content=\"UK-based cross-border payments and FX platform Moneycorp has selected Temenos SaaS to modernise its core banking and payments infrastructure\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/moneycorp-taps-temenos-saas-to-power-global-payments-fx-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moneycorp taps Temenos SaaS to power global payments and FX expansion\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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