Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider, has announced it has signed a strategic agreement with Temenos, the open cloud banking company, to launch a Credit-Union-as-a Service (CUaaS) offering and to accelerate BaaS adoption across the US.<\/p>\n\n\n\n
CUaaS is offered by Mbanq\u2019s Credit Union Service Organization (CUSO) and will be powered by The Temenos Banking Cloud. This solution is a new end-to-end comprehensive service to help US credit unions of any size accelerate their Digital Transformation and deliver innovative digital financial services and outstanding experiences to members.<\/p>\n\n\n\n
Mbanq\u2019s CUaaS combines Temenos\u2019 modern cloud technology with operations, legal compliance and financial services solutions, wrapped into a single credit union ecosystem.<\/p>\n\n\n\n
The two companies are already engaged in customer acquisition and proof of concepts in the US with credit unions.<\/p>\n\n\n\n
Max Chuard, CEO, Temenos, said: \u201cFollowing our strategy to accelerate the adoption of Banking-As-a-Service in Europe, we are now excited to expand in the US. With this strategic agreement with Mbanq, we are opening up a new channel to the BaaS space and are increasing our penetration in the US credit union market.<\/p>\n\n\n\n
\u201cExisting Temenos credit union clients will benefit from Credit Union-as-a Service to run their operations in a seamless and cost-effective way on modern cloud technology.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider, has announced it has signed a strategic agreement with Temenos, the open cloud banking company, to launch a Credit-Union-as-a Service (CUaaS) offering and to accelerate BaaS adoption across the US. CUaaS is offered by Mbanq\u2019s Credit Union Service Organization (CUSO) and will be powered by The Temenos Banking […]<\/p>\n","protected":false},"author":18,"featured_media":9847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,11,511,1034,43,514],"tags":[862,2471,2470,2010],"class_list":["post-9842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-finance","category-cloud","category-intelligent-technology-newsletter","category-north-america","category-top-stories","category-used","tag-banking-as-a-service","tag-credit-union-as-a-service","tag-mbanq","tag-temenos"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts\/9842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/comments?post=9842"}],"version-history":[{"count":7,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts\/9842\/revisions"}],"predecessor-version":[{"id":9956,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts\/9842\/revisions\/9956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/media\/9847"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/media?parent=9842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/categories?post=9842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/tags?post=9842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}