Temenos, the banking software company, has announced that Saven Financial, a division of FirstOntario Credit Union, has gone live with Temenos Infinity and Temenos Transact.
The digital-only greenfield credit union is leveraging Temenos technology to deliver a seamless digital experience.
Saven used Temenos Infinity, a leading omnichannel digital banking solution, and Temenos Transact, to launch an end-to-end digital platform.
Temenos technology offers Saven the flexibility and agility to quickly roll out new products as it grows its offer.
Lloyd Smith, CEO, FirstOntario Credit Union, said: “Strengthening our communities has always been a commitment of FirstOntario. Launching Saven allows us to have a greater reach to new digitally focused members with a community-centric mission that shifts the perspective of what it means to be a financial institution.
“We’ve designed our digital brand to resonate with people who want anywhere/anytime banking. Our vision is to bring a no-nonsense, digital savings experience to those who want to achieve their financial goals through smart saving. To do that we needed to make our online platform easy to use and enable our members to benefit from our competitive rates.
“Temenos has been a trusted technology partner of FirstOntario since 2015, and their technology has enabled us to launch a competitive offering that will have a huge positive impact on our members and their communities.”
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