March 2, 2022
Commerce Bank recently went live on Temenos' core banking platform. With this platform, Commerce will be able to improve operational efficiency and launch products and services quickly, according to a press release.
"Commerce is focused on staying at the forefront of technology to ensure the best service to our customers. We recognize that a modern core banking platform is an accelerator for innovation and digital customer experiences," David Roller, CIO, Commerce Bank, said in the release. "The Temenos platform will enable Commerce to deliver innovative solutions for our customers today and well into the future."
With this integration, Commerce aims to meet the needs of the market with a 360-degree view of the customer relationship.
"Temenos continues to see strong momentum in the United States, and we're excited to add this milestone to our achievements. Incumbent banks and challenger banks are facing stiff competition from within the industry and outside, as customer expectations for personalized, fast and easy banking interactions continue to increase," Max Chuard, CEO, Temenos, said in the release. "At the same time, legacy vendors aren't able to provide the cloud-agnostic, composable banking services that continue to make Temenos an industry leader. Our open platform provides the foundation that empowers Commerce to solve customer challenges in new and exciting ways."