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Business Economy


Australian Military bank implement digital banking using Infosys Finacle

Bengaluru, Sep 25 (UNI) Australian Military Bank (AMB), one of Australia’s longest serving mutual financial institutions, and Infosys Finacle, announced the go live of the Finacle banking solutions suite to drive AMB’s ambitious digital transformation program.
The comprehensive, Australia ready digital banking solution stack, has been implemented in a fully SaaS model, hosted out of Infosys data centers in the country. Finacle has enabled AMB with significant operational benefits and cost efficiencies, along with enhanced security and scalability, AMB is now able to provide both its staff and members, a world class banking experience, equal or better than leading global banks.
The Finacle solution stack replaced AMB’s legacy systems to enable the bank to keep pace with new technology developments and allow a speedy response to market demands. Additionally, the Finacle solution enables open application programming interfaces (APIs) that overcome limitations for the bank’s ability to work effectively with ecosystem partners, a release from Infosys said here on Tuesday.
UNI RS MSP HVB1140
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