Temenos and Green Dot join cloud-based digital banking service

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Temenos (SIX: TEMN) and Green Point (NYSE: GDOT) are working together to power a digital banking service. Green Dot will use Temenos Banking Cloud as the platform of choice to power its Banking Platform Services (BaaS) partners. This will allow it to integrate financial services – including credit, payments, loans, DDA accounts and other features – into their ecosystems. The Temenos Banking Cloud will also support Green Dot’s more than 33 million customers who are served through its digital retail and direct-to-consumer banking channels.

Dan Henri, President and CEO of Green Dot, said he chose Temenos because its capabilities align with and support its goals to deliver “exceptional and scalable solutions to our customers and partners.”

Max Chuard, CEO of Temenos, said:

“At Temenos, our vision is to propel a banking world where financial institutions and businesses open up opportunities for people to achieve their ambitions. Green Dot continues to pioneer new ways to support underbanked Americans, through its own financial products as well as its strategy to deliver integrated finance through banking platform services to the world’s largest brands. world. Temenos’ smart, cloud-based open banking platform will drive innovation and growth as Green Dot continues to grow its ecosystem and grow its digital banking platform and customer base. We are delighted to partner with Green Dot to make banking more human and accessible to everyone.

Green Dot offers a diverse set of financial services including debit, check, credit, prepaid, payroll and more. Temenos is a leading provider of banking software.

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