Infosys will offer Finacle software solutions on Verizon Cloud.
The integrated Finacle Core and Digital banking solutions, serving over 547 million consumers worldwide, are available in a Software-as-a-Service (SaaS) model for community financial institutions in the U.S.
The Finacle solutions help banks and credit unions to enhance operational efficiency, accelerate speed-to-market for new offerings, and reduce time and cost of compliance. The new SaaS offerings of Finacle will empower financial institutions to deliver a multichannel experience to customers, without major capital investment and with flexibility.
Infosys will offer Finacle Core Banking, Finacle e-Banking and Finacle Mobile Banking solutions on Verizon’s managed cloud infrastructure. Other banking services will be added over time. The service will be expanded with value-added solutions from Finacle’s partners.
Michael Reh, senior vice president and global head of Finacle, Infosys, said: “With Finacle solutions now available on Verizon Cloud, financial institutions of all sizes, across the U.S., will be able to provide the latest banking services to their customers without any major investment.”
Adam Famularo, vice president, Global Channel, Verizon, said: “Financial institutions will benefit from Finacle’s solution coverage and high-performance platform hosted on the Verizon Cloud to help them improve agility, achieve sustainable, profitable growth and drive their business.”