Temenos: Embeds Mastercard’s Request to Pay software
- Temenos AG is the world’s leader in banking software combining the richest packaged functionality
- Announced a collaboration with Mastercard, a leading global technology company in the payments industry
- This new initiative combines pre-composed solutions on the Banking Cloud with market-certified Mastercard services
- Request to Pay enables billers to dynamically request and manage the payment for a bill rather than simply sending an invoice
- Mastercard aims to accelerate market adoption, enabling complete end-to-end, real-time processing and secure
- Mastercard’s State of Pay report found one in ten people in the UK often forget to pay their bills resulting in late payments