Financial technology and bank holding company Green Dot Corporation has selected the Temenos Banking Cloud to power its direct digital bank and banking platform services.
Temenos’ scalable cloud platform will power Green Dot’s technology stack, enabling its partners to embed financial services – including credit, payment, lending, demand deposit accounts and other features – into their ecosystems.
The Temenos Banking Cloud will also support Green Dot’s 33 million-plus customers who are served across its retail and direct-to-consumer digital banking channels.
Max Chuard, CEO of Temenos, comments: “Temenos’ intelligent, cloud-based open banking platform will drive innovation and growth as Green Dot continues to build out its ecosystem and grow its digital bank platform and customer base. We’re excited to partner with Green Dot to make banking more human and accessible for everyone.”
Dan Henry, president and CEO of Green Dot, says: “We selected Temenos as our platform partner because of their hyper-efficient and secure open-cloud capabilities, which align with and support our goals to provide exceptional, scalable solutions to our customers and partners. This is a critical component of our mission to seamlessly connect people to their money, both directly through our digital bank and products like GO2bank, and through our valued partners.”
