Infosys Finacle was named a ‘Winner’ at the recently announced IDC Real Results Awards 2019. The awards program recognized Infosys Finacle for their digital banking transformation program at Paytm Payments Bank. The IDC FinTech Rankings Real Results program is part of the broader IDC FinTech Rankings program that categorizes and evaluates the top global providers of financial technology.
For the 5th year, IDC Financial Insights is awarding six companies with the 2019 IDC FinTech Rankings Real Results Awards to recognize IT providers that have enabled a genuine, measurable, and future-enabling change at a client financial institution in the worldwide financial services industry. The annual IDC FinTech Rankings and Real Results Awards have become an important measure of the health and direction of technology in the industry and the emergence of innovative solutions from new players.
Paytm Payments Bank is India’s only mobile-first bank with zero balance and zero digital transaction charge accounts and has become one of the most popular payments banks in the country with 42 million savings accounts.