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News : Asia Green Development Bank Selects Infosys Finacle to Provide Banking Experience
Bangalore, India & Yangon, Myanmar, April 18, 2016 -- Infosys Finacle, part of EdgeVerve Systems, the product subsidiary of Infosys (NYSE: INFY), and Asia Green Development (AGD) Bank, a bank in Myanmar, announced the bank’s decision to adopt the Finacle Core Banking, Internet Banking, Mobile Banking, and financial ecosystem solutions. These would provide its customers a banking experience by enabling seamless transactions, regardless of the channel, the location and the time. Powered by the Finacle suite of solutions, AGD Bank aims to expand its client base, while significantly enhancing productivity and profitability.
Andy Dey, President - Customer and Operations, EdgeVerve:
"The banking industry in Myanmar is witnessing a renewed growth and banks are showing a strong appetite for expansion. A modern banking technology platform is critical to drive growth for Myanmar banks at this stage. With the Finacle suite of solutions, AGD Bank will be able to integrate various channels, effortlessly develop and launch new offerings, create new lines of revenue, and work with greater efficiencies, which is in line with the bank’s long-term growth."
Htoo Htet Tay Za, Managing Director, Asia Green Development Bank:
"At Asia Green Development Bank, our endeavor is to help our clients fulfill their needs by delivering an excellent banking experience. We believe that the adoption of the Finacle family of solutions will support us in achieving our goal of delivering just that."
Posted by Veronica Silva Cusi, news correspondent
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About Infosys Finacle:
Finacle is the industry-leading universal banking solution from EdgeVerve Systems, a wholly owned subsidiary of Infosys. The solution helps financial institutions develop deeper connections with stakeholders, power continuous innovation and accelerate growth in the digital world. Today, Finacle is the choice of banks across 84 countries and serves over 547 million customers – nearly 16.5 percent of the world’s adult banked population.
Published: Tuesday, April 19, 2016