June 16, 2024 15:09 (IST)
Infosys Finacle launches solutions for Payments Banks, Small Finance Banks
Bangalore, Sept 2 (IBNS): Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, on Wednesday announced the launch of its Finacle Payments Bank and Finacle Small Finance Bank solutions for the India market.
These solutions are specifically tailored for organizations seeking payments banks and small finance banks licenses from the Reserve Bank of India (RBI).
With these solutions, licensees can set up the required technology backbone and become operational quickly.
Venkatrama Gosavi, Regional Head for Growth Markets, Infosys Finacle: “Robust technology infrastructure is vital to the creation of a cost-efficient, nimble, and a competitive banking model. With Finacle, the new license holders are assured of a proven platform to help them accelerate innovation and achieve rapid growth. Our state-of-the-art solutions will be a game-changer for banking aspirants to create businesses that are sustainable, profitable and compliant with required regulatory obligations.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
SoftBank develops AI-driven voice tech to deal with angry customers Fri, Jun 14 2024
PNB MetLife announces Rs 930 cr benefitting 5.82 lakh customers Fri, Jun 14 2024
Adani Enterprises promoters raise stake to 73.95% in the company Fri, Jun 14 2024
Hyundai to liquidate 17.5% stake in Hyundai Motor India to raise up to $3 billion via IPO Fri, Jun 14 2024
Vodafone Group to sell entire $2.3 bn stake in Indus Towers Fri, Jun 14 2024
Bisk Farm introduces two new products in its 'Eat Fit' range Thu, Jun 13 2024
Godrej & Boyce plans to double revenue in next 3 yrs, eyes India’s EV sector growth Thu, Jun 13 2024
The Top Trading Types in India Thu, Jun 13 2024