Infosys Finacle Named Leader Among Mobile Banking Solutions

04 December, Bengaluru

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, today announced it has been named a leader by Forrester Research, Inc. in The Forrester Wave:Mobile Banking Solutions, Q4 2015 report.

The Finacle Mobile Banking solution was recognised as a leader amongst five top mobile banking platforms. These were evaluated against a comprehensive set of 35 criteria, focusing on strategy, current offerings, and market presence.

In the survey, a growing number of decision-makers named mobile banking as one of the initial focal areas of transformation fortheir application landscapes.

Michael Reh, Executive Vice President and CEO (designate),Edge Verve said banks need a comprehensive mobile banking solution that provides great customer experience, along with advanced security features.

”With Finacle Mobile Banking, we help banks deliver engaging mobile banking experiences for retail, corporate and SME customers. We believe that this recognition by Forrester is a testimony of our commitment to delivering best-in-class solutions for banks globally,” he said.

Referring to the Leaders (which includes Infosys Finacle), Jost Hoppermann, Vice President and Principal Analyst, Forrester writesin the report, ”Both vendors have solutions that come with off-the-shelf support for mobile retail/consumers, corporate/commercial, and private banking/wealth management.

Both solutions offer rich support of mobile touch points. Support for integration and security requirements is broad. Product strategies and particularly planned enhancements are well-articulated.”