Inlaks signs country model bank deal with Temenos for East Africa - Capital Business
Connect with us

Hi, what are you looking for?

Africa

Inlaks signs country model bank deal with Temenos for East Africa

NAIROBI, Kenya, Feb 20 – Inlaks, a leading ICT infrastructure and systems integrator in Sub-Saharan Africa, has signed a Country Model Bank (CMB) agreement with Temenos, a global leader in banking software, to drive digital transformation in East Africa’s financial sector.  

The agreement, which strengthens the longstanding partnership between Inlaks and Temenos, will support digital innovation and enhance financial services across Kenya, Uganda, Tanzania, and Rwanda.

Under this collaboration, Inlaks will continue providing technical and operational support for Temenos’ initiatives in the region.

“This collaboration underscores our commitment to delivering high-quality, tailored financial solutions to our clients. The renewed agreement marks another milestone in our successful partnership with Temenos. By leveraging Inlaks’ expertise in frontline technology solutions, this alliance will transform the banking experience for customers across East Africa,” Henry Okolo, CEO of Inlaks Africa Operations, said.

The agreement represents a step in Inlaks’ mission to support the growth of East Africa’s banking sector while reinforcing Temenos’ commitment to delivering cutting-edge banking solutions.

By combining Temenos’ industry-leading software with Inlaks’ local market expertise, the partnership aims to provide financial institutions with unparalleled value and enhanced digital capabilities.

Dr. Walter Onyino, Director of ICT at the Central Bank of Kenya, who represented Deputy Governor Susan Koech, unveiled the Country Model Bank and reaffirmed the regulator’s support for digital banking advancements in the region.

“The evolution of digital banking in East Africa reflects our commitment to financial inclusion and innovation. The Inlaks Digital Summit provides a valuable platform for dialogue and collaboration. As we embrace the future of banking, partnerships between financial institutions and technology providers will be crucial in building a resilient, secure, and inclusive digital economy.”

Visited 57 times, 1 visit(s) today

More on Capital Business