Gio. Gen 16th, 2025

CEC Bank in Romania is set to deploy the cloud-based core banking platform of Swiss vendor Temenos as it looks to upgrade its legacy systems.CEC Bank taps Temenos for core banking overhaulThe modernisation project will apply to the state-owned bank’s retail and corporate banking systems, and will also include solutions for payments and data analytics.Among these is Temenos Payments, which supports modules for real-time payments, automatic payments repair and payment order management. CEC Bank will use the solution, which Temenos also previously extended to Romania’s Libra Internet Bank in 2023, “for all domestic and cross-border payments”, according to the vendor.Temenos will deliver CEC Bank’s tech overhaul in collaboration with SoftCentric and India’s Tech Mahindra in an effort to “ensure a smooth transition and market-specific implementation”.Daniel Calin, CIO of CEC Bank, says the deployment will “help us to scale more efficiently and innovate faster as we drive the future growth of our business”.