Saturday, January 25, 2025

Infosys Finacle Announces Digital Banking SaaS offering for Urban Cooperative Banks in India

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys, today announced its Digital Banking SaaS (Software-as-a-Service) offering designed as an accessible solution to help Indian Urban Cooperative Banks (UCBs) to modernize their business and operations.

Vidyadhar Anaskar, Chairman, Vidya Sahakari Bank Ltd, and Maharashtra Urban Cooperative Banks Federation, and Vice President, National Federation of Urban Cooperative Banks & Credit Societies LTD (NAFCUB) said:

With Infosys Finacle, we are able to fully embrace our digital-first vision and we look forward to differentiating ourselves with a winning combination of a strong community presence and tech-powered, innovative, contextual, banking products.”

Venkatramana Gosavi, Senior Vice President & Global Head of Sales, Infosys Finacle, said, “For over two decades, Finacle has been a strong partner to financial institutions in India in their transformation journey. With our relentless focus on innovation, we are pleased to power the next phase of growth for UCBs in the country with our accessible, SaaS offerings, supported by our partners.

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