Temenos and Credorax deploy core banking platform in the cloud

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Credorax and Temenos partner to offer best-in-class financial services to online merchants on the cloud

Geneva, Switzerland – January 29, 2019 – Temenos (SIX: TEMN), the banking software company, and Credorax, a leading global smart acquiring banking firm, today announced that it has selected Temenos T24 Transact deployed on the cloud. Temenos’ digital banking platform in the cloud will enable Credorax to expand into new market segments, and accelerate time-to-market for its offerings, for enterprises and small businesses, beyond merchant acquiring, into cross-border payments and banking services.

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