Infosys Secures Digital Banking Services Contract from Australian Development Fund

MT Newswires Live

Aug 20

Infosys (NSE:INFY, BOM:500209) has secured a contract of an undisclosed amount from Uniting Financial Services (UFS), a charitable development fund in Australia, to implement its digital banking services, according to a Wednesday filing to the Indian stock exchanges.

UFS has selected Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, to implement its Finacle Digital Banking Suite.

The partnership will help UFS to transform its operations, helping enhance business agility, compliance, and operational efficiency.

The company's shares were up over 2% in recent trade.

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