July 04, 2023

Giift’s Corporate Loyalty Solutions now available on Temenos Exchange

We are thrilled to announce that Giift’s new-age Corporate Loyalty Solutions are now available on Temenos Exchange. This partnership marks a significant milestone in the financial sector as we join forces with Temenos, the leading global software company specializing in banking and financial services solutions. By merging our cutting-edge loyalty solutions with Temenos’ core banking offerings, we are revolutionizing the industry and aiming to captivate a new audience. Together, we will propel global exposure to unprecedented heights, leveraging our strengths for mutual success.

Giift Corporate Loyalty Solutions offer high-level business benefits, including effortless customer retention, a significant reduction in acquisition costs, and a remarkable enhancement of customer lifetime value. This collaboration with Temenos brings numerous advantages to customers. Together, we can expand our reach and establish a more robust market presence in the banking sector. The partnership promises mutual growth and the creation of increased user value.

Temenos Exchange brings open innovation to the market faster and at scale. The ecosystem offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos’ open platform for composable banking, enabling banks to accelerate the creation of new financial services while reducing development costs.

Sumit Uttamchandani, Head of Strategic Partnerships at Giift, expressed enthusiasm about the partnership: “We’re thrilled to announce our collaboration with Temenos Exchange, which allows banks worldwide to benefit from our Corporate Loyalty Solutions. By leveraging our innovative loyalty platforms, Temenos’ clients can swiftly provide customized customer experiences and foster lasting customer relationships.”

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: “Temenos Exchange acts as an accelerator for fintech and software developers, helping them develop, validate and monetize new banking solutions. Integrating with Temenos and joining Temenos Exchange means Giift can write once and be readily available to thousands of banks looking to retain end-user customers, reduce acquisition costs, and enhance customer lifetime value.”

The availability of Giift on Temenos Exchange further demonstrates our commitment to the banking community and empowers Temenos customers to access the advantages of Giift’s Corporate Loyalty Solutions easily. We are eager to leverage the power of the Temenos platform to help us achieve our business goals.

Giift is a leading loyalty technology provider and program management partner with headquarters in Singapore. Founded in 2013, Giift has expanded into multiple countries, including Dubai, Mumbai, New York, London, Wuhan, Beijing, Jakarta, Colombo, Doha, Dhaka, Nairobi, and now Pakistan. Giift has served 3,000+ corporate clients across industries and has created customized, sustainable loyalty and rewards-based programs globally.