-10.20 (-0.90%) Mediterranean Bank, one of the leading Maltese banks, has gone live on Infosys’ Finacle Lending Module. The bank has replaced its existing lending solution with Finacle to provide a unified, consistent platform for its corporate customers.
The move to Finacle Lending will provide the bank a flexible solution with the ability to offer various types of loans to meet customer requirements faster and at a lower cost, thereby enhancing its overall revenues. The Lending Module is a new addition to Mediterranean Bank’s existing suite of Finacle applications, which includes Finacle Core Banking, Treasury and Corporate Online Banking.
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.