Infosys Finacle , Payveris collaborate on solutions for community banks, credit unions

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), said it has partnered with Payveris, an online and mobile digital payments company headquartered in Connecticut.

The two entities will jointly provide integrated payment solutions to banks and credit unions throughout the United States. The offering will facilitate bill payments and innovative money movement services such as interbank transfers and person-to-person payments.

Through this partnership, the two organizations will integrate Finacle Universal Banking Solution and Payveris´ modular, open API-driven Digital Payments Platform to offer cloud-based banking services to community financial institutions in the US The fully integrated solution will enable financial institutions to boost agility and efficiency of their operations, accelerate growth and improve customer experience across channels.

EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), develops innovative software products and offers them on-premise or as cloud-hosted business platforms.

Payveris is a provider of omni-channel digital payment solutions with a focus on keeping financial institutions at the heart of the digital payments eco-system.