Software
Temenos delivers payments hub to Convera
July 18, 2023
Temenos, an open platform banking solutions provider, has partnered with Convera, a non-bank B2B payments provider, to provide its software-as-a-service Payments Hub, which runs in the Temenos Cloud. With this service, Convera can deliver instant payments which integrate with Convera's compliance systems and payment gateways, according to a press release.
With this move, Convera aims to double its payment volumes in the next five years and improve its payments rails.
"After extensive assessment, we selected Temenos both for its superior cloud technology capabilities and the trust in the team and its local operations. Temenos is the platform of choice for massive scale; we have a clear path for global expansion and look forward to partnering with Temenos with its global expertise to support us along the way," Patrick Gauthier, CEO, Convera, said in the release.
"With Temenos Payments Hub running on Temenos SaaS, Convera will have a modern payments platform which can scale massively and propel its expansion plans. With our SaaS solution, Convera will stay agile and at the forefront of innovation and deliver fast, reliable, and transparent payment services to its corporate customers," Philip Barnett, president, Americas, Temenos, said in the release.
