Temenos Joins Luxembourg FinTech Hub The Lhoft

Temenos Joins Luxembourg FinTech Hub The Lhoft
14.06.2017 10:45 am

Temenos Joins Luxembourg FinTech Hub The Lhoft

Banking

Temenos Group, the software specialist for banking and finance, has become the latest Leadership Circle Partner of the Luxembourg House of Financial Technology Foundation (The LHoFT). 

Temenos and the LHoFT will work together to deliver two exciting events in the coming weeks as part of their longer-term collaboration. 

The first event is the LTS Fintech Hackathon in Luxembourg. Over the course of the last weekend of June, 30 teenage students from the Luxembourg Tech School (LTS) will develop and present their answers to the question: “What does the bank of the future look like?” The students will be guided by various senior technology and business mentors from the local financial services industry, all of whom are eager to engage with the students and to receive insight into the way this generation’s expectations of financial services are shaped by their tech orientated social environment and lifestyles. The event will also be supported by Luxembourg’s Ministry of State and Digital Lëtzebuerg initiative. 

On the 5th of July, Temenos Group and the LHoFT will address a burning issue with a focused conference: how to master banking transformation - moving from the traditional banking to open-banking with the Second Payment Services Directive (PSD2). Keynote speakers include the Luxembourg regulator (CSSF), the Banker’s Association (ABBL), Temenos Marketplace providers Apigee and Blue Code, runner-up at Temenos annual Innovation Jam competition, as well as many others. The speakers will discuss the challenges facing the banking industry related to transformation and practical strategies, with case studies, on how to ensure continued future competitiveness. 

Temenos Group joins the eleven other distinguished members of the LHoFT’s Leadership Circle: BCEE, BGL BNP Paribas, Clearstream (Deutsche Börse Group), Deloitte Digital, Foyer Group, KPMG, POST, PwC, Six Payment Services, Société Générale and Telindus (Proximus Group).

Nasir Zubairi, CEO of the LHoFT comments: “We are incredibly excited to have Temenos join our Leadership Circle. Temenos have been at the forefront of innovation for a long time and their experience, in collaboration with the LHoFT, can really help drive Fintech forward. I am very excited about the two forthcoming events and the positive impact they will have on industry. I look forward to future collaboration with Temenos on a variety of projects.” 

Ben Robinson, Chief Strategy Officer at Temenos and Head of Community for the Temenos MarketPlace adds: “Temenos is committed to offering its customers the highest levels of innovation. Increasingly, we do this through the Temenos MarketPlace, our open banking platform that brings together banks and Fintech companies. This partnership with the LHoFT will help us to grow the community around MarketPlace and to uncover the most exciting Fintech companies.”

Related News

BNY Mellon automates global payment inquiries, becoming the first US bank to offer SWIFT gpi Case Resolution service

BNY Mellon has recently collaborated with SWIFT to be the first U.S. bank to offer the gpi Case Resolution service to clients, and the fifth globally. This... Read more »

Asset Control and Finmechanics Unveil an Integrated Solution to Accelerate FRTB Implementation and Boost Operational Efficiency

Asset Control and Finmechanics have announced a new technology partnership to provide banks with an accelerated approach to The Fundamental Review of the Trading Book (FRTB)... Read more »

Mphasis Digital Risk leverages Mendix low-code platform to enable fast, effective digitalization for the financial services industry

Mendix, a Siemens business and the global leader in enterprise low-code, today announced that... Read more »

BBVA Bank selects Fujitsu’s Quantum-Inspired Digital Annealer to explore customers’ investment portfolios

Fujitsu today announces that it is collaborating with BBVA, Spain’s second largest bank, on a proof of... Read more »

Jordan Ahli Bank Cyprus equips for PSD2 with Salt Edge’s solution

Salt Edge, a leader in developing open banking solutions, helped Jordan Ahli Bank Cyprus become amongst the first group of banks in Cyprus to... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel