How Thunes and Temenos are Redefining the Global Payout Standard
In recent years the financial world has shifted its focus from theoretical ‘connectivity’ between payee and recipient, or one country to the next, to the urgent requirement for unified, scalable infrastructure that operates at the immediacy of online.
While it’s clear that the future of payments is real-time and globally capable, industry collaboration will be central to achieving this. The partnership between Temenos and Thunes is one such collaboration, driving the availability of real-time payments across borders.
The two companies have joined forces to deliver a unified way for Financial Institutions (FIs) and Payment Service Providers (PSPs) to move money domestically and across borders quickly, compliantly, transparently, and at large scale.
How Thunes and Temenos are facilitating global money movement at scale
The use cases for faster, more reliable cross-border payments are varied, but at the heart of all of them is an integrated solution that combines composable core banking with a high-speed global payment network.
This synergy addresses the primary payment barriers to institutional growth: outdated infrastructure and the complexity of managing fragmented payment rails.
- Temenos: Composable banking excellence
Temenos provides the modular, API-first core banking logic that gives FIs the flexibility to build digital services and rapidly scale them up. Its cloud-native architecture supports everything from account creation to complex payment and transaction processing with robust, integrated compliance tooling.
- Thunes: The Smart Superhighway for payments
Thunes acts as the Smart Superhighway to move money around the world. With a reach spanning 140 countries and 90+ currencies through its Direct Global Network, Thunes provides built-in liquidity, FX handling and last-mile delivery to more than 4 billion mobile and stablecoin wallets and 8 billion bank accounts.
- The Temenos Exchange Connector
Temenos Exchange provides the native connector to Thunes’ payouts API. Any Temenos customer can ‘plug and play’ to activate Thunes, instantly unlocking full functionality without the need to build or maintain custom integrations.
Shaheen Budhrani, Global Head of Strategic Partnerships at Thunes, explains: “By natively connecting the Thunes Direct Global Network to the Temenos Core platform through the Temenos Exchange program, banks can now ‘plug and play’ into our Direct Global Network, access new hard-to-reach markets and the mobile wallet ecosystem with no additional integration.
“This allows financial institutions to shift their focus from managing integrations to capturing market share in new regions almost instantly.
“Our alliance with Temenos reflects our shared vision for creating seamless international payment opportunities for the banking ecosystem.”
The economics of automation
As automation and AI raise efficiency standards across banking, operational excellence is now the key competitive differentiator. Temenos’ modern, high-performance platforms deliver this efficiency at scale by design, not as a result of connectivity alone.
For the currency corridors they choose to service through Thunes, Temenos customers can remove the correspondent banking layer and its intermediaries and thus reduce transaction costs dramatically.
These gains are driven by Temenos’ efficient core processing, which optimises throughput and straight-through processing rates. Direct connections such as Thunes enhance reach and speed, but the efficiency baseline is set by Temenos’ processing power.
The outcomes of some of those efficiencies include:
- Dramatically reducing human intervention in transaction workflows with 12% higher straight-through processing (STP)
- Reducing payment ‘black holes’ through real-time traceability and status updates, resulting in 60% fewer investigations
- Freeing up operations teams, with an 82% reduction in manual work, allowing them to focus on strategic growth rather than reconciliation errors
- Launching new payout products or entering new markets with a 29% faster time-to-market – turning months into weeks.
Compliance, built in
Trust is the bedrock of this service – and not just between the two partners.
Thunes’ Fortress Compliance Platform and Temenos’ integrated risk controls provide a robust protection layer for Temenos customers.
Mick Fennell, Business Line Director – Payments at Temenos, says: “Our collaboration with Thunes underscores our dedication to innovation and delivering unmatched value to our clients. Together, we are able to offer high-velocity global money movement with institutional-grade control.
“By leveraging Thunes’ unparalleled global reach and technology, we’re able to provide our banking customers with new opportunities for growth through streamlined cross-border payment capabilities that meet rigorous global standards.”
This approach ensures that every transaction – whether a consumer remittance to a mobile wallet in Colombia or a high-value B2B settlement to China – is screened against global sanctions and AML frameworks in real-time. This means Temenos customers can scale into complex corridors with total confidence.
Real-world impact
The combined power of Temenos and Thunes is already a strategic asset for forward-thinking institutions:
- APC Bank: From concept to neobank launch in four months
- The use case: APC Bank, owned by one of the largest pension funds in its region, with over $3 billion in assets, required a robust infrastructure to support the launch of a new neo banking project. They needed to enable their customers to remit funds globally across both consumer and SME use cases.
- The solution: Utilising the pre-integrated Temenos-Thunes adapter from Temenos Exchange, APC Bank avoided lengthy development cycles.
- The outcome: APC Bank successfully enabled global remittances to 30 countries for its launch. Most importantly, the time from initial contact to signed agreement was just four months – a timeline that would be impossible under a traditional legacy integration and rollout model.
The road to borderless finance
For banks and large enterprises, the mission is clear: modernise or be marginalised. The partnership between Temenos and Thunes represents more than just a technical connector; it is a partnership and infrastructure for a world where money moves as effortlessly as information.
Contact us to learn how our Direct Global Network can help you connect with local payment rails across 140 countries.
