Global banking software company Temenos has joined FinTech Australia’s corporate partner program, the aim of which is to help companies collaborate and build relationships with the fintech sector.
More than 14 companies signed up to the program last year alone – a new record for the program.
Facebook, Xero, Amazon Web Services are already signed up to the program run by FinTech Australia, which is a national association for the Australian fintech startup community.
FinTech Australia head of strategic partnerships Rehan D’Almeida, said that bank partnerships “play an instrumental role in Australia’s fintech ecosystem”.
“Yet ensuring emerging fintech technology is bank-grade upon launch remains a challenge for the sector,” D’Almeida added.
Phillip Finnegan, managing director, Pacific region at Temenos, said: “We are pleased to join FinTech Australia and are committed to open collaboration and innovation in the banking ecosystem.
“Temenos has developed the industry’s standard banking platform, open to fintechs in Australia to easily create solutions on top and scale across a vast banking audience that serves the banking needs of 1.2 billion people worldwide.”