Technology
01/12/2023

Disrupting the All-or-Nothing Mindset in Banking

Nine and a half times out of 10, you don’t eat the entire pie during dessert. Instead, you opt for a slice – maybe two.

It’s the same with financial institutions and their services.

Most banks don’t originate every type of loan or allow customers to open every type of account in the market. But when they are in need of a specific capability, such as banking as a service capabilities or acquisition, development and construction financing, it can be difficult to find a solution that does only that.

In certain cloud-hosted environments, however, banks can create the exact solution they need for their business and customers.

In this episode of Reinventing Banking, a special podcast series brought to you by Bank Director and Microsoft Corp., we speak to Robert Wint, senior product director at Temenos, a cloud-based banking technology solutions provider.

Wint describes how Temenos’ cloud banking focus is helping financial institutions spin out specific, individual technologies and launch them as stand-alone solutions. He brings to the table some impressive case studies, and introduces a potentially new term to our American audience: composable banking.

Temenos reports that its technology is used to bank over 1.2 billion people. Listen to find out how.

This episode, and all past episodes of Reinventing Banking, are available on FinXTech.com, Spotify and Apple Music.

WRITTEN BY

Laura Schield

Chief Operating Officer

Laura Schield is the chief operating officer of Bank Director and FinXTech, and has served in numerous roles with the company since her start in 2010. Her primary focus is overseeing the day-to-day operational functions of the company. She is responsible for leading the planning and production of conferences and events, handling all aspects of human resources and managing the teams responsible for data, circulation, accounting and finance. She also integrates and implements new projects as the company continues to grow. Laura is a member of Bank Director’s board of directors and serves on the Executive Committee.