Infosys Finacle offerings were recognized at Juniper Future Digital Awards 2018. Infosys Finacle blockchain offerings Finacle Payments Connect were recognized as a winner in the ‘Best Blockchain Deployment in Banking & Payments’ category and Finacle Trade Connect was highly commended in the ‘Best Blockchain Platform’ category. Every year Juniper Research identifies organizations that have made outstanding contributions to their industry, and who are positioned to make a significant impact in the future. The awards are decided by a panel of expert judges based on a number of criteria, including: Product features and user benefits; Innovation; Commercial partnerships; Commercial launches; Certification and compliance; Potential future business development.
“This award is a testimony to our pursuit to automate inter-organization payments processes with blockchain. Finacle Payments Connect is a blockchain-based solution that enables real-time payments processing on a permissioned network. It helps banks automate payments business within their corresponding banking relationships to drive operations excellence and superior customer experience. For instance, in an award-winning pilot, two leading banks reduced their international remittance time to 36 seconds by putting their remittance transactions on the Finacle Payment Connect blockchain network. Recognition of our pioneering work towards re-imagining business with blockchain based solutions is deeply encouraging.”
– Rajashekara V. Maiya, Vice President, Global Head of Business Consulting & Product Strategy, Infosys Finacle