Temenos has added Wise to TemenosMarketPlace, to add international transfer options to its offering.
In Brief:
Temenos offers solutions to over 3000 banks and financial institutions across the globe.
Wise’s solution is pre-integrated so Temenos customers can easily plug it into their digital platforms.
It will enable cross-border payments at speed and low cost.
What does this mean?
Temenos has made it easier for the banks and FIs it serves to offer their customers a faster, cheaper way to make international money transfers (it says cross-border payments with Wise are “up to 8x cheaper than traditional providers”).