Infosys Ltd.

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, and Samsung SDS, a global ICT service provider have entered into a global partnership to provide end customers with a more secure, fast and convenient way to use mobile banking and payment services. Mobility is a key innovation area for financial services, but it also plays a fundamental part in enabling and retaining end customers in today’s changing banking environment. This partnership offers financial services customers a seamless user experience and hassle-free access without lengthy authentication processes.

This will be achieved using device agnostic Samsung SDS FIDO Authentication, allowing banking and mobile payments customers to use select OEM’s (Original Equipment Manufacturers) and the hand-held device of their choice. Device-optimized authentication for mobile payments helps banking services meet the user experience expectations of younger millennial customers - an expectation of immediate, seamless app-driven services. It will also help to advance and simplify micro payments and enable financial inclusion in developing markets where mobile devices are the dominant form of internet access.

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.