Infosys Partners with Mastercard for Global Money Movement

Infosys (NSE: INFY) has announced a strategic collaboration with Mastercard to provide financial institutions with enhanced access to Mastercard Move, a comprehensive portfolio of money movement capabilities.

Integration with Infosys Finacle

The integration of Mastercard Move with Infosys Finacle, developed by EdgeVerve Systems (a subsidiary of Infosys), aims to simplify and accelerate adoption. The solution will allow financial institutions to access Mastercard’s cross-border capabilities in a fraction of the usual implementation time, eliminating the need for intensive resourcing that traditional integration projects demand.

Global Reach of Mastercard Move

Mastercard Move enables direct disbursers, banks, non-bank financial institutions, and their customers to conduct fast and secure money transfers, both domestically and internationally. Its network spans 200+ countries, 150+ currencies, and provides access to over 95% of the world’s banked population.

This collaboration is expected to create an efficient pathway for financial institutions, empowering them to better serve their customers in a rapidly evolving payments landscape.

Pratik Khowala, EVP and Global Head of Transfer Solutions, Mastercard, said, “Through Mastercard Move’s cutting-edge solutions, we empower individuals and organizations to move money quickly and securely across borders. The strategic collaboration with Infosys provides financial institutions with easy access to these capabilities, enabling them to facilitate fast, secure and reliable cross-border payments for their customers while enhancing control of risk, operations, costs and liquidity for themselves. Together with Infosys, we’re helping financial institutions deliver the seamless digital payments experiences today’s customers expect.”

Dennis Gada, EVP and Global Head of Banking and Financial Services, Infosys, said, “Financial institutions are prioritizing advancements in digital payment systems. The frequency of daily transactions makes it a primary touchpoint with customers — and the key to building long-term loyalty.”

He further added, “Consumers gravitate toward institutions that offer fast, secure and seamless transaction experiences. Our collaboration with Mastercard to enable near real-time, cross-border payments is designed to significantly improve the financial experiences of everyday customers.”

Also Read: Infosys Overhauls Delivery Model, Bets on AI to Secure New Deals: Report!

Conclusion

By combining Infosys Finacle’s digital banking expertise with Mastercard Move’s extensive reach, the partnership positions financial institutions to deliver seamless, secure, and scalable money movement solutions worldwide.

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