Infosys Finacle, a subsidiary of Infosys and part of EdgeVerve, has partnered with Payveris, a US-based digital payments company, to provide integrated payment solutions to banks and credit unions across the US.
Infosys Finacle said that the integrated solution will facilitate bill payments and money movement services such as interbank transfers and person-to-person payments.
In addition, the solution will allow financial institutions to enhance agility and efficiency of their operations, accelerate growth and improve customer experience across channels.
Both the firms will integrate their Finacle Universal Banking Solution and Payveris’ modular, open API-driven Digital Payments Platform to deliver cloud-based banking services to community financial institutions in the US, Infosys Finacle said in a statement.
EdgeVerve executive vice president and CEO Michael Reh said: "We believe that our partnership with Payveris will further strengthen our value proposition and enable our clients to delight their customers with innovation and seamless payment experiences."
Payveris president Jeff Weikert said: "In Finacle, we found not just a solution that benefits both banks and credit unions, but also the millions of customers or members who trust these institutions with their finances. We are excited about our partnership with Infosys Finacle and to be their go-to-market partner for digital payment services within the United States."