Infosys Finacle unveils digital banking software for urban cooperative banks in India

Bengaluru: Infosys Finacle, part of Infosys' wholly owned subsidiary EdgeVerve Systems, has announced its digital banking software-as-a-service offering for urban cooperative banks in India.

The platform has already seen adoption by three urban cooperative banks in India—Vidya Sahakari Bank, Urban Cooperative Bank, Bareilly, and Zoroastrian Cooperative Bank, according to an Infosys statement. The offering combines the functional spread of the Finacle solution suite, with complementary solutions and capabilities from Finacle business partners Saraswat Infotech Pvt. Ltd and Best of Breed Software Solutions.

Delivered as a subscription, the end-to-end digital banking solution suite includes Finacle Core Banking and complementary solutions from SIPL, with an option to adopt additional solutions like ATM switch, mobile banking and internet banking, the statement said.