--- title: "Page 2 | Temenos Reviews 2026. Verified Reviews, Pros & Cons | Capterra" description: "Page 2 - Is Temenos the right Payment Processing solution for you? Explore 69 verified user reviews from people in industries like yours to make a confident choice." source_url: "https://www.capterra.com/p/111334/TEMENOS-T24/reviews/?page=2" page_type: "reviews" language: "en" publication_date: "2026-10-21" --- Temenos 4.4 (69) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated October 21st, 2026 # Page 2 - Reviews of Temenos ## Showing most helpful reviews Showing 26-50 of 69 available reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use R Reviewer Head Of Solutions Used the software for: 3-5 years ### "20 years of Temenos experience " January 28, 2025 5.0 The best scalable flexible product in the market Pros It’s flexibility and the new modules like TPH & Iris and how easily now we can upgrade with business disruptions Cons the long time sometimes it take to fix a bug also lately the support is not at all good Review Source R Reviewer Head of ICT Department Used the software for: 3-5 years ### "Temenos Transact is 'the best among co-equals'" September 1, 2023 5.0 Its a very Good Product. No doubt about it. Pros The system offers tools for managing customer accounts, providing a 360-degree view of customer relationships, and enabling personalized services, enhancing customer satisfaction. Cons Support is sometimes slow to respond to issues in a timely manner Review Source R Reviewer Vice President Used the software for: Less than 1 year ### "Review on Temenos Transact" March 24, 2023 4.0 Temenos Transact appears to be a comprehensive and flexible banking software platform with robust functionality and security capabilities. Some potential areas for improvement include its complexity, cost, integration challenges, and support services. Overall, Temenos Transact appears to be a strong choice for financial institutions looking for a comprehensive and scalable banking software solution. Pros Comprehensive functionality: Temenos Transact offers a wide range of modules and applications designed to support various banking operations, including core banking, lending, payments, and risk management.Flexibility and customization: The platform is highly flexible and can be customized to meet the specific needs of financial institutions of all sizes and complexities.Scalability: Temenos Transact is designed to support financial institutions of all sizes, from small community banks to large multinational institutions, and can scale to meet the evolving needs of its customers.Security and compliance: Temenos Transact has robust security and compliance capabilities to help financial institutions stay compliant with industry regulations and protect their customers' data and assets.Digital innovation: Temenos Transact is at the forefront of digital innovation in banking, with a range of features and capabilities designed to support a seamless and user-friendly digital banking experience for customers. Cons The platform can be complex and challenging to set up and configure, requiring a significant amount of time and resources. Review Source R Reviewer S/Director Innovation and Transformation Used the software for: 3-5 years ### "Temenos R22 Review" September 27, 2023 4.0 Pros 1\. Overall the product is robust and scalable and can handle large volumes of concurrent transactions.2. Continues improvement on the platform Cons (1) In today's data world, Temenos Transact is a bit behind on this and I see many clients struggling to extract basic day-to-day reports.(2) The latest version R22 comes with AA to AC conversion and there is no clear direction and it is confusing for the financial sectors whether to apply this or not. Even though Temenos recommends actually the implementors and Temenos experts don't advise this. (3) Even though the latest version R22 comes with microservice architecture, still financial sectors don't have the confidence to go to this platform. And the knowledge gap is huge. Review Source R Reviewer Project manager, business analyst Used the software for: 3-5 years ### "Flexible product when implemented right !" May 1, 2024 4.0 Overall, Transact (which I know since it was called Globus and t24) is a mature product and most of the functionality is stable. I know banks which have been running the product for > 25 years and who benefit from periodical upgrades. Implementing the product is a great experience if it is a greenfield project and if the implementation team is selectively hand picked. Pros \- The wide range of financial products and services supported - The ease of integration with other products (market data, order management platforms etc) - The ease of bank specific customisation / localisation Cons \- Some business support functions have not evolved to well in line with market changes; e.g. Swift MX/ISO20022 is very late. - The Review Source Abid M. Manager Operations Used the software for: 3-5 years ### "Best Core Banking Software " March 7, 2020 5.0 The Temenos T-24 Transact is absoultely the best core banking software in the financial industry. Many of the world top banks and financial institutions are using temenos due to its reliability as it provides all financial solutions at one platform. Pros Temenos T-24 Transact has all the necessary tools which requires to manage front and back end of banking operations. I am using R-13 version of this software from last 8 years and effeciently managing the branch banking operations. While using Temenos i can provide quick and best services to my customers such as Cash Deposit & Withdrawl Transactions, Bulk Salary Posting, Issuance of Financial Instruments, Locker Operations & Account Opening. The Temenos provides realtime analytics and reports which allows the user to make decision fast. Financial Institutions can stores customer information in a very secure way and quickly access it whenever requires. The cloud acceptibility is also the one of the top features of Temenos which gives it edge over other products. Cons The Temenos T-24 Transact should have offline mode as when the network is slow it takes time to post transactions. The Cost of implementation of Temenos is too expensive for small and medium size financial institutions. Review Source R Reviewer CTO Used the software for: 3-5 years ### "The Best CORE Banking " February 27, 2024 5.0 Helpful system with powerful feature that enable user to the business need. Pros It is customizable base on need and Manageable. The features got new R&D update base on latest trend technology. Cons Pricing is very expensive compare to investment budget. Review Source Ali Qammar R. T24 Technical Analyst Used the software for: 3-5 years ### "Most flexible and efficient Core Banking System currently available in the market " May 31, 2021 5.0 Overall experience as a developer and a user is pretty good. Local development is very easy and we can implement even small checks and balances without getting help from manufacturer. All you need is small inhouse development team. Pros This CBS is very easy to use and the amount of local development (checks and balances) that can be implemented without getting help from manufacturer really helps bank out to keep up with the regulatory requirements. Integration is also very convenient. We have integrated our system with different ADC channels as well as analytics software systems. Cons Overall system performance is good. There are not much technical documentation is available over the internet. In order to learn something new we being developers have to do intensive research over the internet, temenos university and basic PACS site. Review Source R Reviewer HEAD IT Used the software for: 3-5 years ### "Temenos Transact Review" February 12, 2024 5.0 Temenos Transact provides APIs flexibility for other applications to connect to and transact as well as customization with local development to suite business customers dynamic needs. Pros APIs connectivity flexibility and local customization development available for customer needs Cons One will need to have a more resourceful hardware resources to continually be happy with Temenos Transact services and applications Review Source R Reviewer Manager - Banking & Financial Systems Used the software for: 3-5 years ### "Temenos Transact - A complete solution for your Banking Needs" March 24, 2023 4.0 Great Pros Its a solution which fulfills all your banking needs by having a strong core solution and ability to interact with muliple soltuion to provide flexibility. Cons The graphical interface of Temenos is too basic and reporting element of Temenos Transact is not much appealing and they can work on that Review Source R Reviewer Chief Information Technology Used the software for: 3-5 years ### "Temenos Transact: Empowering Banking Solutions" April 15, 2024 5.0 Temenos Transact is more than just banking software—it's a strategic asset that empowers financial institutions to thrive in a digital-first world. Its adaptability, comprehensive functionality, customer-centric approach, security features, and commitment to innovation make it the go-to solution for banks looking to future-proof their operations. I wholeheartedly recommend Temenos Transact to any institution seeking to elevate its banking capabilities and drive sustainable growth. Pros One of the most striking aspects of Temenos Transact is its adaptability. Whether you're a small community bank or a global financial giant, the platform seamlessly scales to meet your needs. Its modular architecture allows for customization, ensuring that each institution can tailor the software to align perfectly with its unique requirements. Cons One requires a good knowledge of Temenos Transact to the best out of it. Review Source R Reviewer Senior Manager, Project Execution Used the software for: 3-5 years ### "Temenos transact the best core banking software you have to consider." August 24, 2023 4.0 We were on a lower release with a lot of local development and had a lot of issues and temenos transact came to resolve most of the issues. Pros The temenos transact is compatible with most relational database and it now cloud base (SAAS) Cons The subscription cost module which makes the modules sometimes expensive. Review Source R Reviewer CIO Used the software for: 3-5 years ### "Temenos Review from Dedebt Microfinance" April 24, 2023 5.0 Microfinance loan and saving products are solved by the system. Pros As microfinance institution the group lending management is very effective for our purpose beyond the bank overall activities. Cons Expensive specially for microfinance institutions. Review Source Verified Reviewer Internal Auditor Used the software for: 3-5 years ### "Temenos T24 User : Appears to be a strong option but is not adaptable , and support is weak" May 18, 2023 3.0 Pros The interface is basic but easy to use. Layout is well organised and accessible. The corresponding customer User app is also clean and easy to use. Cons The program has been ill suited to the retail banking features we required. Some reports have been inaccurate, Development has not been seamless and adapting the software to our needs has been problematic. Support does not appear to understand the requirements demanded. Review Source Awais B. T24 SYSTEM ADMIN Used the software for: 1-3 years ### "You cant Ignore T24 for Banking" July 5, 2021 5.0 Pros integration of any 3rd party or any API deployment is way much more easier then other banking software. Most important application is much mature and stable hardly face any build-in error from TEMENOS . COB operation is smooth and easy for reporting extraction like in other CBS admin have to extract reports manually Cons Implementation cost of this CBS is very high. i believe this factor can be put under consideration. Customer support is not good enough . Like for any production / real time issue , you have to wait (it can be 24 hrs) until they start ticket. Review Source R Reviewer T24 Technical Analyst Used the software for: 1-3 years ### "Revolutionizing Technology by Temenos" July 29, 2021 4.0 The overall experience of Kony is much better than its predecessor i.e Temenos UXP or Edge Connect but the latest product launched by Temenos, known as Temenos Infinity is set to make new benchmarks in the digital industry. Pros Kony Quantum, you may also call it a successor of Temenos UXP ( formerly known as Edge Connect) is a rules based IDE with very less server side coding required. Mostly the application is built through plugging in scripting languages like HTML, JavaScript etc. Since the product is developed by Temenos, the integration with T24 Transaction Core Banking Solution through APIs is extremely convenient. Cons The User Interface component needs to be further matured since the application development relies heavily on the look and feel these days. Review Source R Reviewer Sr. Associate Used the software for: 3-5 years ### "Temenos is User Friendly " June 28, 2024 5.0 Its very easy to use. Always gives better experience without any issues. All tabs are placed in well sequence. Recommended for all banking users. Pros Its very easy to use. Always gives better experience without any issues. All tabs are placed in well sequence. Recommended for all banking users. Cons NA Review Source OT Onan T. IT Specialist Used the software for: 3-5 years ### "Core Banking You Didn't Know You NEED!" February 12, 2024 4.0 Pros how versatile Payments Hub is, when it come to Swift, ACH & SEPA payments. Cons Currently we use R20 with the browser interface which looks outdate. Review Source VR Verified Reviewer Bank Clerk Used the software for: 3-5 years ### "Efficient Banking Application " May 14, 2018 5.0 Effective Core Banking System with scalability and rich functionality Pros I work as a bank teller and our organization has used T24 for the last two years. We are currently on R11 and are planning to upgrade soon to R17. The system has a lot of useful features that support core banking functions. It is also scalable and can support hundreds of users Cons T24 license and support costs are quite high. The current version that we are on does not have offline capability which is inconvenient during network downtime Review Source Mikayilov S. PROAGRAMMER Used the software for: 3-5 years ### "T24 programming" April 24, 2019 5.0 We are using Temenos T24 as a core bankin software.We store all customers data and process this data in temenos,also all data about our bank stored in temenos.With temenos u cannot lose any data , couse of temenos has a great data managment system Pros First of all it is easy to use for users and adminnistrators(programmers).Temenos supports multi language. We (admins and developers) can control every single step in temenos.We have a lot of Tables in which we can set everything,such as deposit,loan rate,daily currency rate.In temenos we have special table for user settings(user sms group,hmm,hm,user) whis this tables we can control every user,so it is very flexible software Cons Somethink in T24 takes a lot of time,such as COB(close of business day),select,enquiries.I think this problems related with database Review Source R Reviewer Technical Analyst Used the software for: 3-5 years ### "Temenos Transact" July 15, 2021 4.0 AA module is one of the best in market. It has its own development kit which is not so hard to learn Pros One of the best system available for financial solution. Easy to use interface. Secure and reliable. Cons Very high cost you need for implementing this solution. Suitable for large organisations or corporate. Sometimes it is difficult to track issues. Review Source Rao Wajahat S. T24 Senior Functional Analyst Used the software for: 1-3 years ### "First Microfinance bank to use Internet banking application created using Kony" June 25, 2021 5.0 Overall experience is good. Obviously, during the project phase we faced some issues and limitations. Pros We have launch the internet banking and mobile banking application developed using Kony. Local vendor and inhouse development team developed the application with close coordination. As a results, we launch first version of our banking application which was a huge success even among computer illeterate customer base. Cons Local configurations and setup as per regulatory requirement like taxation is difficult using kony. Most of the logics are being developed in T24 itself. Review Source R Reviewer Business Analyst Used the software for: 1-3 years ### "Thrive your banking and wealth management business with Temenos Transact Product" December 5, 2022 4.0 I'm happy to use Temenos Transact since last couple of years, that gave me a good learning exposure in terms of securities management and wealth management domain. Pros This software is absolutely a must have in any banking organization that has a potential to meet dynamic banking needs in Investment banking and wealth management area. Cons This software can't be used for risk analytics or compliance purposes, as it lacks certain basic features in that domain Review Source R Reviewer Cio Used the software for: 3-5 years ### "Temenos Transact" February 26, 2024 4.0 Pros The shift Temenos is making to simplify user experience Cons The upgrade process should be simple and user friendly Review Source Joseph O. Finance & Admin Assistant Used the software for: Less than 1 year ### "T24 is one of the best banking softwares i have ever come across. Great UI and nice functionalities." May 14, 2018 4.0 An efficient and robust banking software rich in functionalities. It has considered security features making it very ideal for the banking sector. Pros TEMENOS T24 provides the best core banking system. It has been in use long enough and incorporating all the relevant features suitable for the banking industry. Cons There is normally downtime especially when there are many users logged in. This may result to slow processing speeds and transaction backlogs thus requiring a financial institution to invest in an offline solution. Review Source ## Send me user reviews about this product ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Talk to a Capterra advisor for free and get results within 15 minutes.