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Banque Internationale à Luxembourg (BIL) à Luxembourg goes live with Temenos to modernize core banking and payments. Temenos announced that Banque Internationale à Luxembourg, one of the largest universal banks in Luxembourg, has gone live with Temenos core banking and payments to increase agility and efficiency of its retail, corporate and private banking operations. The move gives BIL the latest banking capabilities from Temenos on a modern API-driven platform. It will enable BIL to launch new products quickly and improve the customer experience with personalization driven by data, while also saving costs and driving up performance and productivity. Founded in 1856, BIL is the oldest universal bank in Luxembourg, recognized as systemically important by the European Central Bank. With EUR44.1 billion in assets, BIL is a key player in retail, private, corporate and institutional banking as well as treasury and financial market services. Source: https://lnkd.in/e9uGrivP #bank #banking #banks #bankingtech #bankingindustry #financialtechnology #futureofbanking #financialservices

How Banque Internationale à Luxembourg (BIL) and Temenos completely transformed a bank. Banque Internationale à Luxembourg (BIL), the oldest bank in #Luxembourg, has been working with Temenos to modernise core banking and payments. I am extremely proud 💪 to read this article! and specially of my dear friend and top of the top professional Sampathraj Shetty. This project has him at heart and soul! I am honored to have ben following it closely with him and this success is no less representative of what amazing proffessionals like him can do. Banque Internationale à Luxembourg (BIL), one of the largest universal banks in Luxembourg, has embarked on a significant transformation journey to enhance its services and meet the evolving demands of its diverse clientele. With the help of Temenos, BIL has evolved to meet the demands of the modern world and the modern client. With about 2,000 employees, BIL caters to retail and wealthy clients, corporate and institutional clients. Serge Munten, head of transformation at BIL, has spent 13-14 years at BIL and currently heads business transformation. Speaking to PBI, he underscores the bank’s historical importance and the need for modernisation. “BIL is a special institution for Luxembourg. Given our size in a small country, we handle a substantial portion of the market, especially in payments and security solutions. This was a key challenge for our transformation, something that Temenos had to adapt to,” he says. Read more below PS: Congratulations to Sampathraj Shetty, BIL and Temenos for this enormous achievement! 🎉🎇 #FintechNews #Finance #ai #DigitalBanking #payments #BankingTechnology #fintech #fusionalgo #banking #temenos #p2pfintech #thinkers360

Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, serving seven million Filipinos, recently selected Temenos to modernize its #corebanking platform. It's great to learn that the move enables the bank to manage customer accounts and transactions with improved performance, launching new banking products rapidly, and scaling efficiently. As a regulated financial institution, the Temenos solution also helps Cebuana Bank comply with local regulatory requirements amidst changing market conditions, reducing previously required complex manual processing. With Temenos, Cebuana Bank aims to expand its product offerings and grow to more than 11 million customers over five years. Learn more about our APAC customers here: https://lnkd.in/gkZWjAgC #30YearsinAPAC

Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, serving seven million Filipinos, recently selected Temenos to modernize its #corebanking platform. It's great to learn that the move enables the bank to manage customer accounts and transactions with improved performance, launching new banking products rapidly, and scaling efficiently. As a regulated financial institution, the Temenos solution also helps Cebuana Bank comply with local regulatory requirements amidst changing market conditions, reducing previously required complex manual processing. With Temenos, Cebuana Bank aims to expand its product offerings and grow to more than 11 million customers over five years. Learn more about our APAC customers here: https://lnkd.in/gZqWBc2V #30YearsinAPAC

Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, serving seven million Filipinos, recently selected Temenos to modernize its #corebanking platform. It's great to learn that the move enables the bank to manage customer accounts and transactions with improved performance, launching new banking products rapidly, and scaling efficiently. As a regulated financial institution, the Temenos solution also helps Cebuana Bank comply with local regulatory requirements amidst changing market conditions, reducing previously required complex manual processing. With Temenos, Cebuana Bank aims to expand its product offerings and grow to more than 11 million customers over five years. Learn more about our APAC customers here: https://lnkd.in/gHeJMmHQ #30YearsinAPAC

Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, serving seven million Filipinos, recently selected Temenos to modernize its #corebanking platform. It's great to learn that the move enables the bank to manage customer accounts and transactions with improved performance, launching new banking products rapidly, and scaling efficiently. As a regulated financial institution, the Temenos solution also helps Cebuana Bank comply with local regulatory requirements amidst changing market conditions, reducing previously required complex manual processing. With Temenos, Cebuana Bank aims to expand its product offerings and grow to more than 11 million customers over five years. Learn more about our APAC customers here: https://lnkd.in/guUwcPPu #30YearsinAPAC

The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/egTD6U6J #VoiceOfCustomer

Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, serving seven million Filipinos, recently selected Temenos to modernize its #corebanking platform. It's great to learn that the move enables the bank to manage customer accounts and transactions with improved performance, launching new banking products rapidly, and scaling efficiently. As a regulated financial institution, the Temenos solution also helps Cebuana Bank comply with local regulatory requirements amidst changing market conditions, reducing previously required complex manual processing. With Temenos, Cebuana Bank aims to expand its product offerings and grow to more than 11 million customers over five years. Learn more about our APAC customers here: https://lnkd.in/griEnu_8 #30YearsinAPAC

The use of the internet has evolved rapidly in #Africa. The continent had around 570 million internet users in 2022, a number that more than doubled compared to 2015. In turn, the growing internet accessibility has promoted digital activities and services, such as mobile banking and payments. The Bank of Abyssinia, powered by Temenos, identified this opportunity and the need to help more people access #financial services by building a 100% #digitalbanking offering across #Ethiopia. Learn more about this success story here: https://lnkd.in/g3SDNNE2

The use of the internet has evolved rapidly in #Africa. The continent had around 570 million internet users in 2022, a number that more than doubled compared to 2015. In turn, the growing internet accessibility has promoted digital activities and services, such as mobile banking and payments. The Bank of Abyssinia, powered by Temenos, identified this opportunity and the need to help more people access #financial services by building a 100% #digitalbanking offering across #Ethiopia. Learn more about this success story here: https://lnkd.in/ebr2KtRn