ADCB Egypt has gone live with the Temenos Payments Hub as part of a wider effort to modernise its payments infrastructure and advance its digital transformation agenda.
Delivered in collaboration with Temenos delivery partner ITSS, the implementation enables the bank to process SWIFT cross-border payments using the ISO 20022 MX messaging standard. This framework introduces richer, structured data formats designed to improve interoperability, enhance transparency, and increase straight-through processing across correspondent banking networks.
By adopting ISO 20022-ready capabilities within the Temenos Payments Hub, ADCB Egypt aims to reduce manual intervention and accelerate settlement times for both retail and corporate customers. The centralised architecture also provides improved visibility and orchestration of payment flows, while offering scalability to support rising transaction volumes and future expansion into additional payment types through a single enterprise platform.
The go-live builds on ADCB Egypt’s existing use of Temenos Core, creating an integrated environment for core banking and payments operations. Such consolidation is increasingly seen by banks as a way to reduce operational complexity, streamline compliance with evolving messaging standards, and improve agility in responding to regulatory and market changes.
The move comes as financial institutions worldwide continue their transition toward ISO 20022, driven by SWIFT’s phased migration. In emerging markets such as Egypt, these infrastructure upgrades are also tied to broader financial inclusion and digitisation objectives.
Ihab Elswerkey, CEO and Managing Director of ADCB Egypt, said the move reflects the bank’s ongoing investment in scalable technologies aligned with its long-term growth strategy and Egypt’s Vision 2030 goals. He noted that going live with the Temenos Payments Hub enhances efficiency, resilience, and customer experience, while the collaboration with Temenos and ITSS brings market expertise that strengthens the bank’s competitiveness.
For ADCB Egypt, the deployment underscores a continued focus on modernising payments infrastructure as regional banks align with global standards and respond to rising customer expectations for faster, data-rich cross-border transactions.
