Indian IT services group Infosys is to set aside $10 million from its $500 million innovation fund to invest in Irish startups on the back of a new outsourcing deal with Allied Irish Bank.
Infosys, a global leader in consulting, technology, outsourcing and next-generation services, has become a member of Innovate Finance, an industry association for the global FinTech sector in the UK.
Infosys (INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced the launch of the Finacle Youth Banking solution, a first-of-its-kind mobile-based banking solution for young people.
Infosys (INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced an extension to its partnership with Microsoft Corp.
Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced a multi-year, multimillion-dollar partnership with ABN AMRO, a leading retail and commercial bank, to provide IT services for the bank's operations.
Consolidation among domestic vendors of core banking products in North America has created a rare opportunity for international players such as Temenos, Infosys, and TCS to establish a toehold in a market forecast to be worth $3.3 billion by 2017, according to a report by Celent.
Infosys, a leader in consulting, technology, outsourcing and next generation services, announced today that it has successfully implemented its Finacle™ core banking solution for Discover Financial Services (NYSE: DFS), a leading U.S. direct bank and payment services company.
Financial institutions the world over are raising their innovation spend significantly in a desperate attempt to fend off the threat to the established hegemony from technology companies, telcos, and emerging startups, according to fresh data from Efma.
Bank of Makati, Inc. (BMI), which recently transitioned into a savings bank, has implemented the Infosys Finacle core banking solution to transform customer experience and drive growth, at reduced costs.
An independent report into events surrounding the near collapse of the UK's Co-operative Bank offers a cautionary tale for banks contemplating a core systems renewal programme.
© Finextra Research 2015