Infosys Technologies

98 results about this entity

Period: 25 Jan 2005 - 08 Nov 2023

Infosys debuts mobile-based banking tech for young people

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 partners Microsoft to offer Finacle on Azure

Infosys (INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced an extension to its partnership with Microsoft Corp.

International vendors on alert as US banks rethink core platform strategies

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.

Bank spend on innovation set to soar

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.

How not to do a core platform renewal project - lessons from the Co-op debacle

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.

Brits relaxed about banks mining data to fight fraud

Brits are happy for banks to mine their personal data, particularly if it helps to protect them against fraud, according to a survey from Infosys.

Retail banks increase innovation spending despite tough economy

Despite a tough economic climate, the vast majority of retail banks around the world are still increasing their spending on innovation, with online and mobile services seen as priorities, according to a survey from Infosys and Efma.

Outdated core systems a drag on growth for European banks - survey

Around three quarters of European banks are using outdated core systems, affecting their ability to innovate and accelerate growth, according to a survey commissioned by vendor Infosys.

Global core banking market set to reach $5.1 billion as banks loosen purse strings - Celent

The global core banking market was worth around $4.8 billion last year and is expected to grow to $5.1 billion by the end of 2013, according to research house Celent.

Social media & mobiles

Amit Dua and Pankaj Pulkarni of Infosys look at the two hottest topics in financial services-social media & mobile at Sibos 2011.

ING, HSBC and Nordea outline barriers to banking innovation

Retail banking innovation programmes can face a variety of internal barriers to success, ranging from resistance from inhouse technology fiefdoms, governance, and the demand for swift ROI, according to the panel of industry experts on the Finextra/Infosys Webcast, 'Retail Banking Innovation - Adapting to a new age', broadcast on Thursday.

ABN Amro to renew $1bn IBM, TCS and Infosys outsourcing deals - report

ABN Amro is preparing to renew IT outsourcing contracts worth around $1 billion with IBM, Tata Consultancy Services (TCS) and Infosys Technologies, according to India's Economic Times.

US Bank to offer P2P payments via CashEdge

US Bank, the fifth-largest commercial bank in the nation, is to launch person-to-person mobile payments to customers later this year through a partnership with CashEdge.

Speculation mounts over Infosys bid for Logica

UK IT services group Logica could be the subject of a £2.9 billion bid from Indian giant Infosys, according to the Daily Mail.

Inflexible IT top barrier to bank innovation

Inflexible IT systems and bottlenecks in technology development are the two greatest barriers to innovation at European retail banks, according to research from Infosys. Meanwhile, a separate report from the Indian vendor reveals nine out of 10 US banks think IT is vital to innovation.

Morgan Stanley explores sale of Indian back office unit - report

US bank Morgan Stanley has moved to sell off its Indian back office operations, with Infosys and Wipro potential buyers, according to the Economic Times.

Citi in talks to sell IT assets - Economic Times

Citibank is currently in discussions with Indian IT firms Tata Consultancy Services (TCS) and Wipro, among others, to sell some of its internal IT platforms, according to local press reports.

Big likely to get bigger in consolidating core banking market

Oracle and Temenos are set to continue their dominance of the core banking technology market as smaller rivals fall by the wayside and banks take a cautious approach to vendor selection in a consolidating market, according to a new study by Forrester Consulting.

Co-op contracts with Finacle for core banking overhaul

Co-operative Financial Services has selected the Finacle universal banking system from Infosys to replace its legacy technology infrastructure.

Raiffeisen International signs for Finacle core banking platform

Raiffeisen International has selected the Finacle universal banking system from Infosys to standardise its technology platform and consolidate operations across Central and Eastern Europe.