Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, has launched its Finacle Payments Bank and Finacle Small Finance Bank solutions for the India market. Both solutions offer pre-configured set of products and business rules to aid quick deployment, enabling the new entrants to focus on their business goals right from the start of their operations. 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.
These solutions are also available in a hosted environment, which ensures low capital investments. Additionally, it will enable new license holders to make investments based on consumption and scale-up depending on business demand. Through integrated analytics, the solutions will offer superior customer insights to help create customized offerings and address emerging market needs.
Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.