Temenos Cloud provides banking and payment services to Kingdom Bank

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Temenos announced that UK lender Kingdom Bank has deployed Temenos Core, Payments and Financial Crime Mitigation on a SaaS platform running on Microsoft Azure, replacing legacy standalone systems. The platform uses an API-based architecture and connects to clearing partners to support near-real-time clearing; Temenos operates the technology platform, allowing the bank to reduce manual work and focus on its own business.