<p><span>Temenos (SIX: TEMN) today announced that Alex Bank launched its Fixed Term Deposits following a rapid deployment where Temenos and Alex Bank partnered to design, test, and implement over less than four months. This expands its product portfolio, including Personal Loans and Savings accounts – all on the Temenos Banking Cloud.</span></p>
NAB’s weak result is punished heavily by investors. Investors should start looking elsewhere for the future of finance. Bigger names are carving out a bigger slice of the pie in the alternative finance space, and investors should pay close attention to a resurgence in the fintech trend in due time.