Bengaluru, India (OTE) – Strategic collaboration will streamline
onboarding for financial
institutions and strengthen access to Mastercard Move, Mastercard’s
portfolio of money movement capabilities
Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader
in next generation digital services and consulting, announced a
strategic collaboration with Mastercard to offer financial
institutions enhanced access to Mastercard Move, its portfolio of
money movement capabilities.
The solution’s seamless integration with Infosys Finacle, part of
EdgeVerve Systems, a wholly owned subsidiary of Infosys, will play a
key role in creating an efficient pathway for financial institutions
to access Mastercard Move’s cross-border capabilities in a fraction
of the typical implementation time and without the intensive
resourcing traditionally needed for integration projects.
Mastercard Move provides direct disbursers, banks, non-bank
financial institutions and their customers with fast, secure money
transfer solutions, both domestically and internationally. The
portfolio of solutions reaches more than 200 countries and 150+
currencies, with access to more than 95 percent of the world’s banked
population.
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.“
Anouska Ladds, Executive Vice President, Commercial & New Payment
Flows, Asia Pacific, Mastercard, said, „Global remittances continue
to grow, driven by migration, digitalization and economic development
– especially across Asia, which accounted for nearly half of global
inflows in 2024 . To meet this demand, Mastercard invests in smart
money movement solutions within Mastercard Move while expanding our
network of collaborators, such as Infosys, to bring the benefits to a
more diverse set of users. We are committed to identifying innovative
ways to increase access and truly scale the reach of remittance
services and our broader portfolio of commercial payments solutions.“
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. 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.“
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle,
said, „At Infosys Finacle, we are committed to inspiring better
banking by helping customers save, pay, borrow and invest better.
This engagement with Mastercard Move brings together the agility of
our composable banking platform with Mastercard’s unmatched global
money movement capabilities – empowering banks to deliver fast and
secure cross-border experiences for every customer segment.“
About Mastercard
Mastercard powers economies and empowers people in 200+ countries
and territories worldwide. Together with our customers, we’re
building a resilient economy where everyone can prosper. We support a
wide range of digital payments choices, making transactions secure,
simple, smart and accessible. Our technology and innovation,
partnerships and networks combine to deliver a unique set of products
and services that help people, businesses and governments realize
their greatest potential.
www.mastercard.com
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 320,000 of our people work to amplify human
potential and create the next opportunity for people, businesses, and
communities. We enable clients in 59 countries to navigate their
digital transformation. With over four decades of experience in
managing the systems and workings of global enterprises, we expertly
steer clients, as they navigate their digital transformation powered
by cloud and AI. We enable them with an AI-first core, empower the
business with agile digital at scale and drive continuous improvement
with always-on learning through the transfer of digital skills,
expertise, and ideas from our innovation ecosystem. We are deeply
committed to being a well-governed, environmentally sustainable
organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
About Infosys Finacle
Finacle is an industry leader in digital banking solutions. We
are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of
Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and
established financial institutions to help inspire better banking.
Our cloud-native solution suite and SaaS services help banks engage,
innovate, operate, and transform better to scale digital
transformation with confidence. Finacle solutions address the core
banking, lending, digital engagement, payments, cash management,
wealth management, treasury, analytics, AI, and blockchain
requirements of financial institutions. Today, banks in over 100
countries rely on Finacle to help more than a billion people and
millions of businesses to save, pay, borrow, and invest better. For
more information, visit www.finacle.com .
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance, are
forward-looking statements intended to qualify for the ’safe harbor‘
under the Private Securities Litigation Reform Act of 1995, which
involve a number of risks and uncertainties that could cause actual
results or outcomes to differ materially from those in such forward-
looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties
regarding the execution of our business strategy, increased
competition for talent, our ability to attract and retain personnel,
increase in wages, investments to reskill our employees, our ability
to effectively implement a hybrid work model, economic uncertainties
and geo-political situations, technological disruptions and
innovations such as artificial intelligence („AI“), generative AI,
the complex and evolving regulatory landscape including immigration
regulation changes, our ESG vision, our capital allocation policy and
expectations concerning our market position, future operations,
margins, profitability, liquidity, capital resources, our corporate
actions including acquisitions, and cybersecurity matters. Important
factors that may cause actual results or outcomes to differ from
those implied by the forward-looking statements are discussed in more
detail in our US Securities and Exchange Commission filings including
our Annual Report on Form 20-F for the fiscal year ended March 31,
2025. These filings are available at www.sec.gov . Infosys may, from
time to time, make additional written and oral forward-looking
statements, including statements contained in the Company’s filings
with the Securities and Exchange Commission and our reports to
shareholders. The Company does not undertake to update any forward-
looking statements that may be made from time to time by or on behalf
of the Company unless it is required by law.
Logo:
https://mma.prnewswire.com/media/2753664/Infosys_Finacle_Logo.jpg
View original content: https://www.prnewswire.co.uk/news-
releases/mastercard-and-infosys-collaborate-to-scale-cross-border-
payments-302541187.html
Digital press kit: http://www.ots.at/pressemappe/PR38775/aom