ADCB Egypt Goes Live with Temenos Payments Hub to Modernize Cross-Border Payments
The implementation, delivered in collaboration with Temenos Delivery Partner ITSS, enables ADCB Egypt to process SWIFT payments for its retail and business customers using the ISO 20022 MX messaging standard.
Temenos, a global leader in banking technology, announced ADCB Egypt, a subsidiary of Abu Dhabi Commercial Bank Group, one of the leading banking institutions in the UAE, has gone live with Temenos Payments Hub to modernize its payments infrastructure and enable faster and more efficient cross border payments.
The implementation, delivered in collaboration with Temenos Delivery Partner ITSS, enables ADCB Egypt to process SWIFT payments for its retail and business customers using the ISO 20022 MX messaging standard. The new MX format provides richer, structured data for improved accuracy and interoperability between banks.
By adopting ISO 20022-ready capabilities within Temenos Payments Hub, ADCB Egypt achieves higher straight-through-processing (STP), minimizing manual intervention and accelerating settlement times for customers. The solution also provides ADCB Egypt with centralized orchestration of payment flows, improving visibility and control. Its scalable technology efficiently handles the bank’s growing transaction volumes and supports expansion to other payment types within a single enterprise hub.
Already running on Temenos Core, ADCB Egypt now leverages an integrated platform for core banking and payments. This unified approach simplifies operations and improves agility for ADCB Egypt to scale efficiently and deliver faster, smarter payment services.
“Digital transformation is a key priority for ADCB Egypt and a key pillar of our long-term growth agenda, in alignment with our Group’s digitization strategy to reshape its operations and create value for all of its stakeholders. Going live with the Temenos Payments Hub reflects our continued investment in advanced, scalable technologies that enhance efficiency, resilience, and customer experience. This milestone aligns with Egypt’s Vision 2030 by strengthening the financial infrastructure and enabling a more inclusive, digitally driven banking ecosystem. Our collaboration with Temenos and ITSS brought strong market expertise, allowing us to remain agile, ahead of the curve and competitive in a rapidly evolving market”
– Ihab Elswerkey CEO & Managing Director, ADCB – Egypt
“Congratulations to ADCB Egypt on this successful go-live. This milestone positions ADCB at the forefront of payments in the Egyptian market and showcases how, with our best-of-breed solution, banks across the region can swiftly adapt to change and deliver the modern payment services their customers increasingly demand.”
– Santhosh Rao, Managing Director – MEA, Temenos
“As a trusted Temenos partner, ITSS is proud to support ADCB Egypt in advancing its digital payments strategy. This successful go-live demonstrates how together with Temenos, we help forward-thinking institutions like ADCB Egypt accelerate innovation, scale efficiently and set a new benchmark for digital payments in the region.”
– Patrick Jaccoud, CEO, ITSS
