To power its payments bank business
Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys and Paytm, India's largest mobile payments and commerce platform, announced that the Finacle Core Banking solution has been selected to power Paytm's new payments bank business. Paytm will leverage Finacle's proven platform for its deposit products and payments platform, enabling it to rapidly roll out innovative offerings.Powered by Capital Market - Live News