Infosys (NSE: INFY) has entered into a strategic collaboration with Mastercard to expand financial institutions’ access to Mastercard Move, a comprehensive suite of money movement capabilities for fast, secure, and scalable domestic and cross-border transactions.
Integration with Infosys Finacle
The partnership will integrate Mastercard Move with Infosys Finacle, developed by EdgeVerve Systems (a subsidiary of Infosys). This integration is designed to simplify adoption, significantly reduce implementation timelines, and cut down the heavy resourcing typically required for such projects.
Mastercard Move’s Global Reach
Mastercard Move enables banks, non-bank financial institutions, and direct disbursers to send and receive money across 200+ countries and territories in 150+ currencies, covering over 95% of the world’s banked population. The platform promises faster settlement times, greater reliability, and stronger compliance frameworks.
Executive Insights
Pratik Khowala, EVP and Global Head of Transfer Solutions at Mastercard, emphasized that the collaboration will help financial institutions deliver seamless, fast, and secure cross-border payment experiences while strengthening their control over risk, operations, costs, and liquidity.
Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, highlighted that digital payment innovations are now a central factor in customer loyalty. He noted that the partnership with Mastercard will help institutions offer near real-time cross-border payments, elevating customer experience and trust.
Summary
Infosys has partnered with Mastercard to integrate Mastercard Move into its Finacle platform, providing financial institutions with simplified, faster access to global money movement capabilities. Covering 200+ countries and 150+ currencies, the collaboration aims to enable near real-time, secure cross-border payments, helping institutions reduce costs and enhance customer loyalty in the digital payments era.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.