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Infosys Finacle launches solutions for Payments Banks, Small Finance Banks

India Blooms News Service | | Sep 02, 2015, at 10:33 pm

#Infosys Finacle launches # 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.”

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