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Inlaks announces the listing of Dormant Accounts Management system on Temenos Exchange

Inlaks announces the listing of Dormant Accounts Management system on Temenos Exchange.

October 3, 2023: Inlaks, a leading ICT infrastructure and systems integrator in Sub-Saharan Africa has announced the listing of its Dormant Accounts Management system on the Temenos Exchange, the partner ecosystem of integrated fintech solutions. The Inlaks Dormant Accounts Management Solution is a robust and agile application designed to help financial Institutions in re-activating accounts remotely in the comfort of their homes. The tool addresses concerns related to Internal and External fraud, and regulatory compliance standards, enhances the bank’s deposit base, re-engages customers, and reduces the load on the core banking system. This results in improved system performance and smoother close-of-business processing.

The Dormant Accounts Management System offers a range of high-level business benefits working seamlessly with all the Temenos solutions. The system will ease the data pressure and possible fraud and improve system performance solving a business challenge and Global banking concern that aligns with the interests of internal and external stakeholders. Temenos Exchange brings innovation to market faster, and at scale offering pre-integrated and approved fintech solutions that can be easily deployed on the Temenos open platform for composable banking, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.

Speaking on the listing, Executive Director, Inlaks, Olufemi Muraino said

We are happy to announce our Partnership with Temenos, aimed at serving the Global Market. This collaboration represents another significant stride in adding value and benefits to the Temenos community. Inlaks availability on Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of the Inlaks Dormant Accounts Management System. We look forward to leveraging the power of the Temenos platform to help us achieve our business goals.”

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said:

 “Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate, and monetize new banking solutions. The integration with Temenos and joining Temenos Exchange means Inlaks can write once and be readily available to the thousands of banks globally that run on our platform.”

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