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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”

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