Plaid vs. Temenos Transact - Core Banking

Plaid

Temenos Transact - Core Banking

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Plaid	Score 9.0 out of 10	N/A	Plaid in San Francisco offers a suite of applications supporting banks with risk management and customer account management features. Plaid is used by digital financial apps and services like Betterment, Expensify, Microsoft and Venmo, and by banks to make it easier for consumers to connect their financial accounts with the apps and services they want to use. Plaid connects with over 11,000 financial institutions across the U.S, Canada and Europe.	$500 per month
Temenos Transact - Core Banking	Score 7.2 out of 10	N/A	Swiss company Temenos offers their establishing banking software for corporate and retail banks, as well as other kinds of banks such as those run in accordance to Islamic law, cooperatives, and non-bank community financial institutions. Temenos features a wide swath of bank management features, meant to support larger institutions with multiple locations with maximal task automation and system centralization.	N/A

Pricing

Plaid

Temenos Transact - Core Banking

Editions & Modules

Scale: 500+
per month
Test: Free
Launch: Pay as you go

No answers on this topic

Offerings

Pricing Offerings
Plaid	Temenos Transact - Core Banking
Free Trial
No	No
Free/Freemium Version
Yes	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

Contact sales team for additional pricing. There may be one-time fees, subscription fees, per-request flat fees, or payment initiation fees depending on your needs.

—

More Pricing Information

Community Pulse
	Plaid	Temenos Transact - Core Banking
Top Pros	No answers on this topic	Pro 24 7
Top Cons	No answers on this topic	Minus Support services Minus Technical documentation Minus High cost

Best Alternatives
	Plaid	Temenos Transact - Core Banking
Small Businesses	Square Invoices Score 9.2 out of 10	No answers on this topic
Medium-sized Companies	Apple Pay Score 9.1 out of 10	No answers on this topic
Enterprises	Adyen Score 8.8 out of 10	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Plaid	Temenos Transact - Core Banking
Likelihood to Recommend	10.0 (1 ratings)	8.0 (1 ratings)

User Testimonials
	Plaid	Temenos Transact - Core Banking
Likelihood to Recommend	Plaid Plaid is extremely well suited to be your payment API if you're a start-up looking to scale your banking connections fast and securely. Their API is fully functional upon integration. Most end-users have encountered Plaid before so it's a trusted platform for many consumers so even if you're a new app, users feel comfortable connecting their bank through Plaid. Incentivized Sura Hart Program Manager Read full review	Temenos Due to cloud based solution when I was not in town and want some technical assistance for branch or any financial transaction, it is easy to access it from anywhere plus there is 24/7 reports available. It is easy for development team for new functionalities to implement. There is one down side we experienced that whenever there are largen numbers of user signed in, system get but slow. Muhammad Adil Mujeeb T24 Technical Consultant Read full review
Pros	Plaid Plaid connects with 100s of US consumer banks. Plaid continuously updates its software to meet the requirements of individual banks. Plaid can get your company's payment processing up and running faster than traditional methods. Incentivized Sura Hart Program Manager Read full review	Temenos Payments Retail Corporate Bulk posting 24/7 reports Muhammad Adil Mujeeb T24 Technical Consultant Read full review
Cons	Plaid Consumer feedback or troubleshooting typically comes back to us because Plaid doesn't have an easy way of re-routing support once a user encounters a problem. Update timelines could be clearer when they are working on updating a connection with a certain bank. The search functionality for the user to find their bank could be a little more robust. Incentivized Sura Hart Program Manager Read full review	Temenos Technical documentation High cost slow when many user are logged in Muhammad Adil Mujeeb T24 Technical Consultant Read full review
Return on Investment	Plaid Plaid got us up and running with most US-based and even some international banks with minimal engineering effort. Incentivized Sura Hart Program Manager Read full review	Temenos High number of users Handling bulk posting Payments Muhammad Adil Mujeeb T24 Technical Consultant Read full review
ScreenShots