Temenos : Payment Start-up Paykey wins Temenos’ Innovation Jam Final in Lisbon

Social Media Messenger in App Payment Service

Lisbon, Portugal - 28th April 2017 - Temenos (SIX: TEMN), the software specialist for banking and finance, has today announced that the winner of its global Innovation Jam contest is fintech start-up Paykey.

PayKey is the world's first payment keyboard. PayKey uses patent-pending payment technology that works with popular messenger apps. Users just tap the '$' key to unlock payment mode directly within the app to transfer funds.

PayKey, winners of the heat in Miami, was selected by a panel of banking experts as being one of the most innovative fintech start-ups.

Speaking of 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.'

PayKey will be made available through Temenos' Market Place which launched last year in recognition of the opportunity for banks and fintech companies to work together. Market Place is an online store of fintech solutions that have been pre-integrated with the Temenos Suites. There are now over 100 fintech solutions available that are certified by Temenos bringing together banks with technology that can revolutionise the business.
Guy Viz, Vice President of Sales with 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.'

In addition to the overall winner, the Judges Award this year went to Blue Code a cashless payment app. The judges choice was determined by a panel of 3 Temenos experts, 2 representatives from banks and a leading consultancy.