Finacle from Infosys launches next generation e-Banking solution

The solution empowers banks to achieve quick global rollouts of online banking services

PTI | October 17, 2011



Infosys, a global leader in consulting and technology, on Friday announced launch of Finacle e-Banking Version 11 at the 2011 BAI Retail Delivery Show in Chicago.

The solution is a comprehensive offering that empowers banks to achieve quick global rollouts of online banking services, the Bangalore-headquartered, NASDAQ-listed firm said in a statement here.

"The new version of Finacle e-banking provides unique personalisation capabilities, industry-leading security features and intelligent customer insights to drive adoption of online banking channel and enhance customer loyalty", it said.

Haragopal Mangipudi, Global Head - Finacle, Infosys said, "Online banking is expected to grow approximately 20 per cent over the next two years and is a key focus area for banks as they strive to increase customer acquisition and convert more online sales opportunities. By using the powerful persona driven analytics built in this new version of Finacle e-banking, banks can deepen their understanding of customers and provide them with offerings, better tailored to suit their needs and help foster greater customer loyalty.

"The latest version of the e-banking solution is completely secure and delivers best-in-class protection in the form of multi-factor authentication and access controls",Infosys said.

"Built on a robust, scalable and extensible architecture, it is easily configurable and allows for seamless deployment with multiple host systems. A truly multi-channel enabled solution, it integrates with existing channels in banks and helps deliver to the customer a coherent, consistent experience across all the channels".

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