17 C
Innichen
August 8, 2022
Finance Technologies

Temenos helps UK banks speed up BBLS distribution “in days”

Temenos, a Swiss banking software provider, is allowing UK banks to roll out its Infinity Software-as-a-Service (SaaS) solution “in days” to speed up their distribution of loans under the government’s Bounce Bank Loan Scheme (BBLS) which launched last week. The firm, which works with more than 3,000 banks worldwide, has spent the last few weeks upgrading Infinity with a digital loan application portal and workflow process specifically designed for the UK’s BBLS and the Coronavirus Business Interruption Loan Scheme (CBILS). UK banks have seen a surge in demand for BBLS loans. NatWest said it received 65,000 applications in the first…
Temenos helps UK banks speed up BBLS distribution “in days”

Related posts

Village Capital and MetLife Foundation selects 11 start-ups for MENA accelerator programme

Amme Jhonson

ECB blames Target2 outage on third-party vendor

Amme Jhonson

Bank of Baroda searches for new digital lending platform

Amme Jhonson

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Privacy & Policy