Israeli-based PayKey wins Temenos’ Innovation Jam

At the core of the solution is the Payment Keyboard that is integrated with a bank’s mobile app.

PayKey has been chosen by a panel of banking experts as one of the most innovative fintech startups

Temenos, a leading banking software vendor, has announced PayKey as the winner of its global innovation jam. Israeli-based PayKey has developed the world’s first payment keyboard that uses patent-pending technology to enable bank customers to make transfers through their favorite messengers.

At the core of the solution is the Payment Keyboard that is integrated with a bank’s mobile app. The keyboard allows users to send money to friends and family in a seamless and secure way, without the need to onboard a dedicated app.

The PayKey keyboard solution is currently being integrated into some of the world’s largest banking apps as part of a pilot program. The fintech company recently helped Westpac, one of Australia’s biggest banks, launch a mobile chat service to enable its customers to make peer to peer payments via messaging apps like Facebook Messenger and WhatsApp.

Commenting on the award, David Arnott, Temenos CEO, said,

“Innovation Jam is about scouring the world to find the most innovative fintech developers and working with them to help bring the benefits to Temenos customers. Innovation is moving at a blistering pace in the banking industry and its companies like PayKey that continue to disrupt.”

Guy Ziv, Vice President of Sales at PayKey, said,

“We are honoured to have been chosen by a community of banking experts as the global winners of the Temenos Innovation Jam 2017. This is another milestone on our mission to put banks exactly where their customers are; on social networks.”

PayKey’s solution will be made available through Temenos’ MarketPlace which launched last year. MarketPlace is an online store of fintech solutions that have been pre-integrated with the Temenos suites. There are currently over 100 certified fintech solutions available on the platform.

More here [temenos]


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