ADCB Egypt Goes Live with Temenos to Modernize Payments Infrastructure and Accelerate its Digital Transformation Plans

WHY THIS MATTERS: The successful migration of ADCB Egypt to the Temenos Payments Hub is a pivotal moment, not just for the bank, but for the wider regional financial infrastructure—a key trend known as payments modernization. This development’s true significance lies in its adoption of the global ISO 20022 MX standard for SWIFT transactions. This data-rich messaging protocol is a prerequisite for true global interoperability and is rapidly becoming the mandated backbone of high-value payment systems worldwide. For ADCB Egypt, this translates directly into superior operational efficiency, evidenced by the push for higher Straight-Through Processing (STP) rates. For the broader market, it sets a clear and aggressive pace for competitors, forcing other institutions to accelerate their core infrastructure upgrades to remain compliant, competitive, and capable of handling future digital transaction volumes. This move establishes the bank as an early leader in delivering the advanced, data-enabled services that modern retail and business customers now demand.

Temenos (SIX: TEMN), a global leader in banking technology, today 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.

Ihab Elswerkey CEO & Managing Director of ADCB – Egypt, commented: “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”

Santhosh Rao, Managing Director – MEA, Temenos, added: “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.”

Patrick Jaccoud, CEO, ITSS, said: “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.”

FF NEWS TAKE: This is more than a successful tech integration; it is a foundational step that materially moves the needle for the Egyptian financial ecosystem, aligning perfectly with national digital transformation goals. The unified platform, combining core banking with payments orchestration, provides a robust, scalable blueprint for other regional banks still grappling with legacy systems. The critical watchpoint is the speed with which other major African and Middle Eastern institutions follow suit. The market will be looking for proof of sustained, post-implementation competitive advantage as the race for ISO 20022 compliance tightens globally.