Wednesday 16 April 2014

Infosys deploys banking solution for Eastern Bank



        New Delhi, Apr 16 (PTI) The country's second-largest
software services firm Infosys today said it deployed its
financial solution Finacle for Eastern Bank, the largest and
oldest mutual bank in the US.
        This will help Eastern Bank enhance its online and mobile
banking products while providing a platform to allow for
growth and making banking easier for customers, Infosys said
in a statement. No financial details were disclosed.
        "We are dedicated to providing our customers with
products and services that make managing money simple. We're
excited and confident that our customers will soon enjoy
Finacle's intuitive online and mobile products," Eastern Bank
Executive Vice President and Chief Information Officer Barbara
Heinemann said.
        Eastern Bank selected Finacle e-banking, mobile banking
and enterprise alert solutions to meet the needs of its
growing base of consumers, small business and commercial
clients, it added.
        Founded in 1818 and based in Boston, Eastern Bank has USD
8.7 billion in assets and almost 100 banking offices in
eastern Massachusetts.
        Finacle's open architecture will help the bank integrate
with third-party solutions and partner products, while rolling
out new features to existing products seamlessly.
        "Eastern Bank's focus on delivering better and faster
services to its customers is the underlying foundation of this
new platform designed on Finacle," Infosys Finacle Global Head
Haragopal M said. 

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