{"id":447846,"date":"2021-03-02T02:33:04","date_gmt":"2021-03-02T07:33:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=447846"},"modified":"2021-03-02T02:33:04","modified_gmt":"2021-03-02T07:33:04","slug":"irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/","title":{"rendered":"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Ireland\u2019s Cro\u00ed<\/b><b>Laighean Selects Temenos SaaS to Create Credit Union of the Future <\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nTemenos front-to-back software-as-a-service will help Cro\u00ed Laighean to close the technology gap with the big banks to attract a new generation of members and drive growth\n<\/li>\n<li><i>Temenos SaaS supports Cro\u00ed Laighean to achieve a hyper-efficient cost models and rapidly launch innovative personalized products<\/i><\/li>\n<\/ul>\n<p>GENEVA, Switzerland&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTemenos (SIX: TEMN), the banking software company, today announced that Cro\u00ed Laighean Credit Union has selected Temenos front-to-back Software-as-a-Service (SaaS) to transform its digital banking. This strategic move from a legacy, on premise system to a community banking solution powered by Temenos SaaS will ensure that Cro\u00ed Laighean has the technology it needs now and into the future to compete on a level playing field with the big banks and fintech challengers. For Cro\u00ed Laighean, a strong community presence and the best in digital banking is a winning combination that will help the credit union to differentiate with a service that appeals to members and supports growth.\n<\/p>\n<p><b>Paul Kennedy, CEO, Cro\u00ed Laighean, commented:<\/b> \u201cWe are delighted to partner with Temenos to transform our digital banking capability. The Temenos platform puts us on a par technologically with the world\u2019s biggest banks. The move from on premise software to Temenos SaaS was a strategic decision that will set us up for success long into the future. We are already well on the way to transitioning to the new system and look forward to launching new products and experiences for the benefit of our members this year.\u201d\n<\/p>\n<p><b>David Macdonald, President of Europe, Temenos, said: <\/b>\u201cWe are proud to welcome Cro\u00ed Laighean to the growing community of credit unions choosing Temenos SaaS to accelerate their digital ambitions and attract a new generation of members. The flexible deployment capabilities of our community banking solution is ideal for the credit unions in Ireland, delivering the opportunity for a fully managed service that is secure, resilient and future-proof. This is a big step forward for Cro\u00ed Laighean and the start of an exciting journey for its members.\u201d\n<\/p>\n<p>\nHosted on Microsoft Azure in Microsoft\u2019s Dublin data center, the service is already in use by a number of other<b \/>credit unions in Ireland, including Capital Credit Union, Credit Union Plus and Tullamore Credit Union.\n<\/p>\n<p>\nTemenos\u2019 community banking solution offers pre-packaged, front-to-back credit union products, processes and channels, all built on modern cloud-native and API-first technology. It gives Cro\u00ed Laighean the capability to offer outstanding digital member experiences, bring new products to market faster and achieve efficiencies through increased automation and digitization of processes. Delivered as SaaS, Cro\u00ed Laighean is always up-to-date with the latest in digital banking technology without the cost and risk of maintaining on premises systems.\n<\/p>\n<p>\nThe Covid-19 pandemic has accelerated the shift towards digital banking and Temenos SaaS will help Cro\u00ed Laighean to provide more member-friendly services, more efficiently, via mobile app on online. Before the pandemic, 60% of Cro\u00ed Laighean members\u2019 weekly transactions were in branch compared to 40% via digital channels. By the start of 2021, the proportion of weekly transactions via digital had increased to over 80% and this is trend is only expected to continue.\n<\/p>\n<p class=\"bwalignc\">\n\u2013 Ends \u2013\n<\/p>\n<p><b>About Temenos<\/b><\/p>\n<p>\nTemenos AG (SIX: TEMN) is the world\u2019s leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 1.2 billion banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.\n<\/p>\n<p>\nTemenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks\u2019 IT investment is adding tangible value to their business.\n<\/p>\n<p>\nFor more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.temenos.com&amp;esheet=52388301&amp;newsitemid=20210301005641&amp;lan=en-US&amp;anchor=www.temenos.com&amp;index=1&amp;md5=87e0baec389c5ff12b7034fda9ef8514\">www.temenos.com<\/a>.\n<\/p>\n<p><b>About us<\/b><\/p>\n<p>\nCro\u00ed Laighean Credit Union now has over 38,000 members in our common bond which stretches from Rhode, Co. Offaly in the West to Leixlip, Co. Kildare in the East. We now have 7 branches: Edenderry, Coill Dubh, Clane, Leixlip, Allenwood, Carbury and Prosperous.\n<\/p>\n<p>\nFor more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.clcu.ie&amp;esheet=52388301&amp;newsitemid=20210301005641&amp;lan=en-US&amp;anchor=www.clcu.ie&amp;index=2&amp;md5=b76a846e9f7d5b3e1733d1f0a2973bd5\">www.clcu.ie<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005641r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210301005641\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210301005641\/en\/<\/a><\/span><\/p>\n<p><b>Media Contacts<br \/>\n<\/b><br \/><b>Jessica Wolfe &amp; Scott Rowe<br \/>\n<\/b><br \/>Temenos Global Public Relations<br \/>\n<br \/>Tel: +1 610 232 2793 &amp; +44 20 7423 3857<br \/>\n<br \/>Email : <a rel=\"nofollow\" href=\"mailto:press@temenos.com\">press@temenos.com<br \/>\n<\/a><\/p>\n<p><b>Alistair Kellie &amp; Andrew Adie<br \/>\n<\/b><br \/>Newgate Communications on behalf of Temenos<br \/>\n<br \/>Tel: +44 20 7680 6550<br \/>\n<br \/>Email: <span class=\"bwuline\"><a rel=\"nofollow\" href=\"mailto:allnewgatetemenos@newgatecomms.com\">allnewgatetemenos@newgatecomms.com<\/a><\/span><\/p>\n<p><b>Cro\u00ed Laighean Credit Union<br \/>\n<\/b><br \/>Martin Fitzgerald, Community Relations<br \/>\n<br \/>087 979 8300<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:martin.fitzgerald@clcu.ie\">martin.fitzgerald@clcu.ie<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Ireland Europe Switzerland<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Other Professional Services Technology Software Finance Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210301005641\/en\/862220\/3\/Logo_Latest.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future Temenos front-to-back software-as-a-service will help Cro\u00ed Laighean to close the technology gap with the big banks to attract a new generation of members and drive growth Temenos SaaS supports Cro\u00ed Laighean to achieve a hyper-efficient cost models and rapidly launch innovative personalized products GENEVA, Switzerland&#8211;(BUSINESS WIRE)&#8211; Temenos (SIX: TEMN), the banking software company, today announced that Cro\u00ed Laighean Credit Union has selected Temenos front-to-back Software-as-a-Service (SaaS) to transform its digital banking. This strategic move from a legacy, on premise system to a community banking solution powered by Temenos SaaS will ensure that Cro\u00ed Laighean has the technology it needs now and into the future to compete on a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-447846","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future Temenos front-to-back software-as-a-service will help Cro\u00ed Laighean to close the technology gap with the big banks to attract a new generation of members and drive growth Temenos SaaS supports Cro\u00ed Laighean to achieve a hyper-efficient cost models and rapidly launch innovative personalized products GENEVA, Switzerland&#8211;(BUSINESS WIRE)&#8211; Temenos (SIX: TEMN), the banking software company, today announced that Cro\u00ed Laighean Credit Union has selected Temenos front-to-back Software-as-a-Service (SaaS) to transform its digital banking. This strategic move from a legacy, on premise system to a community banking solution powered by Temenos SaaS will ensure that Cro\u00ed Laighean has the technology it needs now and into the future to compete on a &hellip; Continue reading &quot;Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-02T07:33:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005641r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future\",\"datePublished\":\"2021-03-02T07:33:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\\\/\"},\"wordCount\":802,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210301005641r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\\\/\",\"name\":\"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/","og_locale":"en_US","og_type":"article","og_title":"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future - Market Newsdesk","og_description":"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future Temenos front-to-back software-as-a-service will help Cro\u00ed Laighean to close the technology gap with the big banks to attract a new generation of members and drive growth Temenos SaaS supports Cro\u00ed Laighean to achieve a hyper-efficient cost models and rapidly launch innovative personalized products GENEVA, Switzerland&#8211;(BUSINESS WIRE)&#8211; Temenos (SIX: TEMN), the banking software company, today announced that Cro\u00ed Laighean Credit Union has selected Temenos front-to-back Software-as-a-Service (SaaS) to transform its digital banking. This strategic move from a legacy, on premise system to a community banking solution powered by Temenos SaaS will ensure that Cro\u00ed Laighean has the technology it needs now and into the future to compete on a &hellip; Continue reading \"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-02T07:33:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005641r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future","datePublished":"2021-03-02T07:33:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/"},"wordCount":802,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210301005641r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/irelands-croilaighean-selects-temenos-saas-to-create-credit-union-of-the-future\/","name":"Ireland\u2019s Cro\u00edLaighean Selects Temenos SaaS to Create Credit Union of the Future - 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