Temenos recognises standouts in banking technology

Temenos has named UBS, VPBank, APC Bank, National Bank of Kuwait Egypt, Haventree Bank, Questbank and Bank ABC as winners of its Forward Awards, which recognise major banking technology projects involving core systems, digital banking and artificial intelligence.

Several of the projects reflect a shift in how banks are approaching technology change. Rather than treating core platform upgrades, cloud delivery and automation as separate efforts, lenders are increasingly combining them in single programmes.  

UBS received the Future-Ready Banking Award. The Swiss bank is expanding its use of artificial intelligence across the group and exploring agentic AI use cases to improve client experience and employee productivity.

Takis Spiliopoulos, chief executive of Temenos, said: "Banking is at a defining moment as the pace of change accelerates and banks look to capitalise on the opportunities of AI while maintaining customer trust. We are delighted to recognise the success of our clients at the forefront of this innovation with our Temenos Forward Awards. Congratulations to all our award winners, who are leading banking forward together with Temenos."

VPBank won the Core Banking Modernisation Award after completing a large migration to the latest version of Temenos Core. According to Temenos, the Vietnamese bank moved more than 18 million customer accounts and millions of loan records in a single cutover window of less than 24 hours.

The project involved 77 terabytes of data and was completed without interrupting customer service. VPBank serves more than 30 million customers across its broader ecosystem, including more than 17 million banking customers.

Digital rollout

APC Bank won the Digital Transformation Award for launching what Temenos described as Curaçao's first fully digital bank. The lender was built on a software-as-a-service model using Temenos digital and core systems.

It offers mobile-first onboarding, real-time account access and integrated financial services. The project was designed to address gaps in digital access and customer experience in Curaçao.

In Canada, Haventree Bank received the Customer Impact Award for a broad modernisation programme that replaces batch-based legacy systems with a real-time, cloud-native architecture. The work covers lending and links to digital customer channels.

Questbank, part of Questrade Financial Group, received the Growth Excellence Award. It adopted Temenos' core banking software-as-a-service platform to support the launch of banking products in Canada under a new regulated banking entity.

Loan automation

National Bank of Kuwait Egypt received a Banking Innovation Award for an automated loan origination system. The bank said the system allows instant approval and disbursement of secured lending products through all branches.

According to Temenos, the project cut turnaround times by more than 90%, reduced manual handling and eliminated customer complaints. It was built on Temenos digital and core products.

Bank ABC also received a Banking Innovation Award. Its digital mobile-only arm, ila Bank, has migrated to the Temenos core banking platform hosted on Amazon Web Services.

The migration also included payments and data hub systems and marks the first phase of a wider transformation programme at Bank ABC. The bank is now consolidating core systems across 15 countries on the Temenos platform.

Broader pattern

The winners offer a snapshot of current priorities among banks investing in technology. Core replacement remains a major undertaking, but institutions are increasingly linking those projects to digital onboarding, lending workflows, real-time processing and new AI tools.

That pattern is visible across the awards. Some winners focused on large-scale migrations and resilience, while others prioritised faster approvals, better access to digital services or new products built on software-as-a-service infrastructure.

For banking technology suppliers, the projects also show that major institutions remain willing to undertake complex change despite operational risk. VPBank's migration of 18 million accounts in under 24 hours is one of the larger examples cited by Temenos, while Bank ABC's plan to consolidate systems across 15 countries highlights the scale of some cross-border programmes.

The winners span wealth management, retail banking, digital-only banking and lending operations. They include institutions in Switzerland, Vietnam, Curaçao, Canada, Egypt and Bahrain, suggesting that large transformation programmes are not confined to a single market or banking model.

One of the strongest operational claims came from National Bank of Kuwait Egypt, where automated lending workflows reduced turnaround times by more than 90%, according to Temenos.