Africa and Gulf Bank selects Temenos to deliver digital transformation

Temenos , a global leader in banking software, has announced its collaboration with Africa and Gulf Bank (AGB), a progressive Sudanese bank. The collaboration is set to allow AGB to modernise its digital and core banking capabilities by implementing the Temenos solution. Hosted on the cloud, it will enable AGB to provide innovative products faster to retail and corporate customers in Sudan and around the world. Sudan boasts a digitally savvy population and a flourishing fintech industry that offers a wide array of banking services. AGB’s collaboration with Temenos aligns with its vision of creating a payment ecosystem in the country to drive financial inclusion, promote digital payments, and facilitate formal inward remittances. By leveraging Temenos Transact and Infinity, AGB aims to position itself at the forefront of Sudan’s evolving digital economy. Temenos, as a leading banking software provider, will empower AGB with Temenos Transact and Infinity, facilitating a seamless and personalised digital banking experience across multiple channels and devices. The African firm will also benefit from enhanced compliance and analytics, thanks to Temenos’ open and composable platform. AGB, having acquired Sudan-based operations from a major Gulf Corporation Council (GCC) bank, has ambitious plans to introduce innovative Sharia-compliant products […]

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