Australian police bank changed to Temenos Retail Banking Services Modernize core systems to deploy new services faster and more cost-effectively.
Police Bank began as a police credit union in the early 1960s when a group of police officers had a vision of forming a mutual organization for the benefit of all police officers. We recently embarked on a multi-year digital transformation journey to build a better, faster and more secure way for our members to access our services.
Headquartered in Geneva, Temenos partners with banks and other financial institutions to transform their businesses and stay ahead of changing markets. It will replace Police Bank’s traditional core system to accelerate its digital transformation and increase efficiency.
Delivered as software-as-a-service in the Temenos Banking Cloud, Temenos’ flexible and agile core processing engine with powerful analytics helps police banks adapt to change and rapidly design products that meet member needs. It also helps to provide
new approach
Greg McKenna Police Bank CEO explains: That means they have the means to access our services anytime and anywhere.
The Temenos Banking Cloud will make it easier for our members to transact with us by giving them instant access to a broad set of configurable banking services to migrate existing products and build ancillary services in the future. , making it easier for our employees to work for us, which drives growth and strengthens the bank for future generations.
according to Craig Bennett Managing Director, Temenos In the Asia-Pacific region, the banking industry is increasingly realizing that cloud technology is not just a driver of efficiency, but an enabler of change.
We look forward to supporting Police Bank’s digital transformation, which will enhance their banking services with highly connected and personalized interactions for their members, said Bennett. We have experience working with over 200 financial institutions in Australia and Police Bank builds on our strong momentum as the platform of choice for pioneering banks in the region.