SACOMBANK Selects New Generation Internet and Mobile Banking Solution from Infosys Finacle

SACOMBANK Selects New Generation Internet and Mobile Banking Solution from Infosys Finacle PR Newswire HO CHI MINH CITY, Vietnam, December 11, 2012 HO CHI MINH CITY, Vietnam, December 11, 2012 /PRNewswire/ -- - Bank Aims to Serve the Internet Banking Needs of 2 Million Customers by 2016 Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has announced its partnership with Infosys, a global leader in consulting and technology, to implement the new generation Finacle e-banking & mobile banking solution. The Bank will install Finacle's consumer e-banking, corporate e-banking and mobile banking solutions. The solutions will enable the bank to develop sophisticated internet banking products and services with faster roll out times, targeted at improving customer satisfaction. It will also help influence customer loyalty through unique personalization capabilities, industry-leading security features and intelligent customer insights that will drive the adoption of online banking. Given Vietnam's relatively high internet usage rates and strong willingness among customers to adopt new technology, Sacombank envisages an addition of several million e-banking customers over the next few years. The bank, therefore, required an e-banking solution that would offer both flexibility and scalability to support its expansion plans, while improving customer experience. The bank chose Finacle's new generation solution for its extensible architecture and unique persona driven features.