Regions Bank ($155B+ in assets) partnered with Temenos in 2023 to move from its legacy core systems to a SaaS-based modern core, aiming to boost customer responsiveness and offload infrastructure management.
Under Chief Transformation Officer Paul Weiss, the bank is now roughly two years into what could make it one of the first major US banks to complete such a transition.
BILL processes over 1% of US GDP in payments, and its next move is to use task-based automation to further deepen the value it delivers to its customers.
Chief Product Officer Michael Cieri, shares how the firm is weighing opportunity vs. risk and how its crafting agents for the high-trust domain it operates in.
Modernization needs to be viewed as a strategic growth driver rather than just an IT cost.
Will Moroney, CRO at Temenos discussed the firm’s recent trends report that shows how banks are falling behind by clinging to legacy infrastructure, and why closing the AI readiness gap is becoming the defining competitive challenge of the moment.
Commercial banks are modernizing by augmenting their core systems, layering virtual account infrastructure and unified platforms on top to handle rising complexity.
In this episode, Deepak Kapoor of Huntington National Bank and Rouzbeh Rotabi of Qolo discuss how connected deposits and virtual account structures enable banks to innovate faster, simplify reconciliation, and deliver more flexible, API-driven financial services without overhauling their core systems.
