Wednesday, July 9, 2025
13.7 C
London
HomeAIQatar’s Lesha Bank upgrades to Temenos’ latest core banking platform

Qatar’s Lesha Bank upgrades to Temenos’ latest core banking platform

Date:

Revolut Expands Services: Users Can Now Send Money to China via Alipay

Revolut Enhances Global Transactions with New Alipay Integration for...

Consultation on the Future of Australian A2A Payments by AusPayNet and AP

Exploring Innovations and Developments in Account-to-Account Payment SystemsHighlights: AusPayNet...

CastellumAI Raises $8.5M to Revolutionize AI in Real Estate

Empowering Real Estate with Innovative Artificial Intelligence SolutionsHighlights: CastellumAI...
  • Lesha Bank Upgrade: Lesha Bank, based in Doha, Qatar, partners with Temenos to upgrade to the latest version of the Temenos Transact core banking platform (R23).
  • Technology Advancements: The upgraded platform allows Lesha Bank to leverage API-led, cloud-native technology, enhancing efficiency, and accelerating the implementation of digital initiatives and Shariah-compliant investment opportunities.
  • Swift Processing Enhancement: The new platform facilitates the relocation of Swift processing, including securities settlement, to the core, using the latest securities components as standard. This results in improved functionality, significantly increasing straight-through processing and transaction processing time.
  • Wealth Management Focus: Lesha Bank aims to improve its wealth management and investment banking services through this technology upgrade.
  • Cloud Opportunities: William Moroney from Temenos notes that the latest technology provides Lesha Bank with the flexibility to capitalize on future cloud opportunities.
  • Lesha Bank Background: Founded in 2008, Lesha Bank, previously known as Qatar First Bank, specializes in offering Shariah-compliant finance products and alternative investment opportunities to institutional clients and high-net-worth individuals.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories