Infosys Ltd.

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Large Cap | IT - Software
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Infosys Finacle powers XacBank’s digital transformation journey

Date: 20-04-2023

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, has successfully completed transformation of XacBank’s technology landscape with Finacle Digital Banking Solution Suite. The Finacle suite now powers both the retail and corporate banking operations at XacBank, enabling a robust digital foundation for the bank to achieve its growth strategy.

XacBank has implemented a diverse range of modular solutions from Infosys Finacle, spanning key areas such as Deposits, Loans, CRM, Payments, Trade Finance, Limits and Collaterals. These componentized solutions offer comprehensive functionality and flexible product factories that allow for the swift deployment of global innovations through simple configurations. As a result, XacBank is now fully equipped to launch new and innovative products at an accelerated pace.

Infosys is a global leader in next-generation digital services and consulting.