Infosys Launches Finacle Mobile Banking 2.0

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21st October 2010, 01:33am - Views: 1897






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MEDIA RELEASE PR41818

Infosys Launches Finacle Mobile Banking 2.0


BANGALORE, India, LONDON, and LAS VEGAS, Oct. 20 /PRNewswire-AsiaNet/ --


    

    - One of the First Mobile Banking Solutions in the World to Offer Mobile

Financial Management and Advisory Services


    News Highlights

    

    - Infosys Technologies Ltd. announced the launch of Finacle

      mobile banking 2.0. (


      comprehensive solution enables retail and corporate consumers to access

      banking services through mobile SMS, GPRS, 3G and USSD-enabled 

      handsets.


    - The solution supports multi-host, multilingual,

      multi-channel, multi-currency banking. It facilitates interactive 

      financial management encompassing product selection, proximity 

      payments, remote deposit capture, new account opening, ATM/branch 

      locating based on GPS and value added services like mobile ticketing, 

      mobile top-up and mobile marketing.


   

-

The solution's robust integration framework enables seamless

      integration with disparate host systems, facilitating a unified, rich 

      and intuitive user experience. Two factor authentication and encryption 

      ensure fidelity of transactions.


    - The device-agnostic solution supports over 8000+ mobile

      handsets including basic handsets and smart devices like iPhone,

      BlackBerry(R) smartphones[1] and iPad. Customers can avail banking 

      Services through SMS messaging, browser-based mobile banking, rich

      client/download-based mobile banking or USSD messaging. In addition, 

      the solution is channel agnostic and can be leveraged to fulfil 

      transactions initiated across any other channel.


    - Banks can also leverage Finacle mobile bank-in-a-box


      box.asp), which is a pre-configured and pre-integrated solution for 

      easy and rapid mobile banking deployment in lesser than 30 days.


    Key Quote


    According to Haragopal Mangipudi, Global Head - Finacle,

Infosys Technologies, "As channel innovation continues to be a strategic

priority for progressive banks, mobile banking has truly come of age. Finacle

mobile banking 2.0 enables banks to create and leverage game-changing

opportunities, through the mobile channel, to build, deepen and

institutionalize relationships with both customers and new emerging consumer

segments."


    About Finacle(TM) Universal Banking Solution


    Finacle from Infosys partners with banks to power-up their

innovation agenda, enabling them to differentiate their products and service,

enhance customer experience and achieve greater operational efficiency. This

proven and effective... framework for multi-disciplinary change, enables

banks to shift their strategic and operational priorities.


    Finacle solutions address the core banking, e-banking, Islamic banking,

treasury, wealth management and CRM requirements of retail, corporate and

universal banks worldwide.


    Several powerful and differentiating features make Finacle one of the 

most comprehensive, flexible and scalable universal banking solution in its 

class. These solutions when associated with Finacle services empower banks to

maximize their opportunities for growth, while minimizing the risks that come

with large-scale business transformation. For more information, visit



    About Infosys Technologies Ltd.


    Infosys (NASDAQ: INFY) defines, designs and delivers

IT-enabled business solutions. These solutions focus on providing strategic

differentiation and operational superiority to clients. As on September 30,

2010 the Infosys group employed about 122,500 employees in over 50 offices

worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For

more information, visit www.infosys.com.


    Infosys Safe Harbor


    Statements in connection with this release may include

forward-looking statements within the meaning of US Securities laws intended

to qualify for the "safe harbor" under the Private Securities Litigation

Reform Act. These forward-looking statements are subject to risks and

uncertainties including those described in our SEC filings available at

http://www.sec.gov including our Annual Report on Form 20-F for the year

ended March 31, 2010, and our other recent filings, and actual results may

differ materially from those projected by forward-looking statements. We may

make additional written and oral forward-looking statements but do not

undertake, and disclaim any obligation, to update them.


    [1] The Trademark BlackBerry(R) smartphones is owned by Research In 

Motion Limited and is registered in the United States and may be pending or

registered in other countries. Infosys Technologies Limited is not endorsed,

sponsored, affiliated with or otherwise authorized by Research In Motion

Limited.

    

    Press contact:


    Infosys Press Office - Asia

    Pacific

    Sujeet Pramanik

    Infosys Technologies Ltd,

    India

    +91-80-4105-7551

    Sujeet_Pramanik@infosys.com


    Infosys Press Office - EMEA

    Antonia Maneta

    Infosys Technologies Ltd, UK

    Phone: +44(0)207-715-3499

    Antonia_Maneta@infosys.com


    Infosys Press Office - The Americas

    Peter McLaughlin

    Infosys Technologies Ltd, USA

    Phone: +1-213-622-4949, Ext 206

    Peter_McLaughlin@infosys.com


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    SOURCE: Infosys Technologies Ltd




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