Infosys also offers complete operational partnership along with the solution including consulting, implementation, and BPO. Two leading global banks have already chosen Finacle Direct Banking Solution to take advantage of the disruptive direct banking business paradigm.

As more banks across the globe realign their business strategy towards low cost customer acquisition, Finacle Direct Banking Solution along with surround services presents banks a cost-effective entry strategy for business expansion into new geographies, and network expansion in existing markets. It is also an effective engine for demand generation through online sales enablers, to drive customer acquisition and extend the branchless bank's outreach.

Haragopal M, Global Head - Finacle, Infosys Technologies Ltd. said, "Finacle Direct Banking Solution aims to address the growing demand amongst banks of rapid customer acquisition and business expansion at minimal incremental costs. We are delighted that two leading global banks have already reposed their trust in this state-of-the-art offering."

The solution comes with complete pre-configured parameters and supports multi-lingual call-centre operations, helping banks to implement a direct banking offering in a short period of time. Banks will have powerful STP capabilities for shortened processing cycles, reduced risk and lower operating costs, as well as extensive security features and a framework for further integration with specialized security software. Additionally, the versatile 'alerts' feature provides multi-channel notifications, ensuring that customers receive relevant information through preferred channels. Its self-service capabilities further empower customers to manage their banking activities better.