Infosys launches new e-banking version of Finacle

Infosys, a global leader in consulting and technology, today announced the launch of Version 11 of its Finacle e-banking software solution at the 2011 BAI Retail Delivery S how in Chicago.

The solution is a comprehensive offering that empowers banks to achieve quick global rollouts of online banking services, the Bangalore-headquartered, Nasdaq-listed firm said in a statement here.

"The new version of Finacle e-banking provides unique personalisation capabilities, industry-leading security features and intelligent customer insights to drive adoption of online banking channels and enhance customer loyalty," it said.

Infosys Global Head - Finacle Haragopal Mangipudi said, "Online banking is expected to grow approximately 20% over the next two years and is a key focus area for banks as they strive to increase customer acquisition and convert more online sales opportunities."

"By using the powerful persona-driven analytics built in this new version of Finacle e-banking, banks can deepen their understanding of customers and provide them with offerings, better tailored to suit their needs and help foster greater customer loyalty," he said.