Infosys and Uniting Financial Services Collaborate on Digital Banking Transformation

Infosys Finacle, part of EdgeVerve Systems (a wholly owned subsidiary of Infosys), a globally recognised provider of digital banking solutions, has announced a strategic collaboration with Uniting Financial Services (UFS), which is a charitable development fund in Australia. 

With this partnership, UFS has successfully migrated its core and digital banking operations to the next-generation Finacle Digital Banking Suite on Amazon Web Services (AWS) Cloud. Completed in under five months, this achievement sets a new industry benchmark in rapid cloud-led digital transformation.

Transforming UFS Banking Operations with Infosys Finacle

The migration was enabled by the Finacle Australian Reference Bank Model with preconfigured processes, compliance features, and product frameworks. The suite includes Finacle Core Banking, Finacle Digital Engagement Hub, Finacle Online and Mobile Banking, Finacle Customer Data Hub, and Finacle Alerts.

This collaboration will help UFS deliver richer digital experiences, expand investment offerings, and improve operational efficiency. Key benefits include:

• Enhanced customer experience: Provide seamless, omnichannel services through user-friendly mobile and online platforms.
• Broader financial offerings: Launch new investment products quickly, expand deposit services, and strengthen loan operations.
• Stronger collaboration: Use open APIs to easily connect with partners, encouraging innovation and boosting efficiency.
• Scalability and resilience: Gain flexibility with cloud-native SaaS on AWS, ensuring reliable performance and the ability to grow on demand.
• Secure infrastructure: Leverage AWS technologies like Amazon RDS, EKS, and WAF to ensure a robust, compliant, and secure digital banking ecosystem.

Read More: Infosys Q1FY26 Results: Steady Performance with Strong Deal Wins!

Infosys Share Price Performance

As of August 20, 2025, at 11:00 AM, Infosys share price is trading at ₹1,480.20 per share, reflecting a gain of 2.79% from the previous closing price. Over the past month, the stock has declined by 6.57%.

Conclusion

The partnership between Infosys Finacle, AWS, and Uniting Financial Services highlights the growing momentum in cloud-based digital banking. By adopting Infosys Finacle SaaS solutions, UFS has strengthened its ability to deliver future-ready services, enhanced customer experiences, and set new standards for agility in the financial sector.

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