Global financial services software provider Temenos has scored another Australian mandate after confirming that business banking aspirant, Judo Capital, is adopting its T24 core banking platform.Judo is understood to be in the final stages of securing a full banking licence from APRA after completing a A$140 million equity raising last month.The banking start-up began writing business loans four months ago and has since expanded its loan book to around $40 million.Lending activity is expected to accelerate next year when the company plans to widen its funding sources as a licensed deposit-taker.Judo is the tenth Australian banking player to select T24 as its core platform following recent moves by established deposit takers such as ME Bank and Goldfields Money.Volt bank, the first local start-up to secure an authority under APRA's new restricted licensing regime, is also operating on T24.Judo co-founder and chief information officer Alex Twigg has long argued that the major banks' traditional stranglehold over the SME market is prone to disruption because of strategic decisions taken in the last decade to centrally manage their relationships with business borrowers."With the big banks' shift to industrialisation and centralisation, SMEs have lost the human interaction and tailored service that they so deserve and crave," he said. "Judo's mission is to bring back the craft of relationship banking, powered by the best of modern technology."The business case for Judo hangs largely on the introduction of an open banking regime in Australia, which is earmarked to begin rolling out in July next year.Open banking will force incumbent banks to share customer data with new entrants such as Judo when consumers request them to do so.The regime is expected to remove institutional barriers to entry in the banking market by lowering costs for small players to undertake loan assessments, manage credit risk and partner with third party service providers."Temenos technology will enable Judo Capital to benefit from a modern, end-to-end digital banking system, giving them the ability to offer their clients a fully digital and personalised experience that will scale," said Temenos' Asia Pacific chief, Martin Frick."This win demonstrates the momentum in the Australian market where Temenos has a strong presence and local expertise."Platform suppliers such as Temenos, Fiserv and SAP are leveraging the global booms in open banking and digital distribution to win new business.The disruptive potential of these market developments has spawned a wave of new business cases in local markets for deposits and loans and renewed the war for contracts between the platform suppliers.While Temenos appears to have stolen a march on its rivals among middle-tier banks and new entrants, Fiserv is writing slabs of new business in the mutual banking sector where it has a historical presence.Fiserv recently won a mandate to re-engineer the Bank of Sydney's online channels and has a longstanding relationship with Westpac.It is also likely to benefit from the involvement of digital banking guru Anthony Thomson in the development of CUSCAL's 86 400 mobile banking platform.Thomson played a key role in designing Fiserv's Agiliti digital banking system