TS Banking Group, a financial services group in Iowa, US, has selected Temenos’ front-to-back office technology, to be delivered in the cloud.
The banking tech vendor says the group will migrate the entirety of its banking operations to Temenos’ platform.
TS Banking Group is a multi-charter bank holding company, with $1.5 billion in banking and fiduciary assets and locations across the Midwest.
This deal covers three of its brands: TS Bank, The Bank of Tioga and First National Bank and Trust Company.
“In the debate between relationship banking and digital banking, we are committed to delivering the best of both for our communities,” says Kevin Forristall, president, TS Banking Group.
“The Temenos Banking Cloud will provide us with the agility of a challenger bank, and the investment in innovation of the larger banks, in a way we would otherwise be unable to achieve.
“With this open platform, we will reach new communities that are typically underserved, and provide seamless experiences and support to our local farmers, businesses, families and communities.”