VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Infosys has announced partnership sparked by its recently unveiled Finacle digital commerce solution. Finacle will power agency banking for Standard Bank and help the bank extend service channels across its markets in Africa. This new alternate channel for the Bank will offer value-added financial services to consumers, in Africa, while also reducing cost of operations for the Bank. Finacle digital commerce solution helps unlock new revenue streams not only for financial institutions, but also telecom service providers and retailers. The solution empowers consumers to consolidate payment instruments on a single digital wallet. The solution will enable agents to offer a host of services, ranging from customer on-boarding, cash deposits, cash withdrawals and banking transactions, to service requests. Terry Moodley, Chief Executive, Personal and Business Banking Africa, Standard Bank, said, “Mobility is a critical component of our...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE ING Belgium has selected Finacle universal banking solution to transform its core banking software. Finacle will power multiple lines of the bank's business including savings and current accounts, deposits and loans. With this transformation, ING will modernize services for its growing customer base in Belgium, deliver operational efficiencies, bring products to market faster and improve customer experience. Frank Stockx, Chief Information Officer, ING Belgium said, "For many years now, we have seen a standardization and globalization of the back-office processes. The current solutions have grown up and are mature enough to integrate our banking IT environment. Working with Finacle gives us more flexibility and let us concentrate our efforts on the customer’s needs, which is part of our strategy to become the first universal direct bank." Sanat Rao, VP & Global Head Client Services, Finacle, Infosys said, "Our relation...