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News and resources on payments systems, innovations and initiatives worldwide.

Temenos signs deal with PayPal

Source: Temenos

Temenos (SIX: TEMN), the banking software company, today announces that PayPal, Inc. has selected Temenos T24 Core Banking.

The Temenos T24 banking platform will run on Temenos Cloud and will support several of PayPal's businesses across multiple geographies, including the US, UK, Germany and Australia.

This signing highlights Temenos' momentum in the US market with both banks and disruptors.

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