Virgin Money Australia’s digital challenger bank has gone live on The Temenos Banking Cloud.
In Brief:
Virgin Money Australia can use The Temenos Banking Cloud to “innovate fast”.
It will be able to work with an ecosystem of partners to develop a digital offering.
The goal is “a unique digital service that simplifies banking, rewards customers and helps them achieve their financial goals”.
What does this mean?
The launch of the new digital bank is the first step on the way to expanding Temenos’ cloud solution across all retail banks under the Bank of Queensland umbrella.