Finacle and its Client Shine at IBSi Global FinTech Innovation Awards 2025
7th edition of the IBSi Global FinTech Innovation Awards celebrated banks, financial institutions, and technology leaders for their outstanding achievements in leveraging emerging technologies to drive impactful banking innovations and implementations. This year, the awards highlighted the excellence of global banking pioneers, FinTech innovators, and institutions in delivering cutting-edge projects. With over 600 submissions from 150 organizations worldwide, the event showcased a truly remarkable breadth of innovation and impact across the industry.
Punjab National Bank and Infosys Finacle
Category: Best-in-Class Treasury & Capital Markets Solution
PNB undertook a comprehensive treasury modernization program to simplify its complex operations, strengthen compliance, and enhance resilience. With growing regulatory demands, market volatility, and rising expectations for real-time insights, the bank needed to replace fragmented legacy systems with an integrated, scalable, and automation-driven platform. This multi-phase program transformed domestic and international treasury operations across asset classes, streamlined workflows, reduced end-of-day processing times, and improved decision-making with real-time data. It also introduced dynamic FX rate management, ensuring accurate, competitive, and customer-segment–specific rates across branches and digital channels.
By seamlessly integrating with core banking and trade finance systems, the bank achieved precision, speed, and scalability while reducing costs. Infosys Finacle enabled this transformation through its Treasury and Rate Management solutions, empowering the bank to modernize operations, deliver efficiency, and build a future-ready treasury ecosystem.
Australian Military Bank and Infosys Finacle
Category: Best-in-Class Customer Journey
Australian Military Bank has implemented a regulatory enhancement in its mobile banking app to enable self-service KYC and Ongoing Customer Due Diligence (OCDD). This initiative allows customers to update identity details digitally, reducing branch visits and manual interventions while ensuring compliance with AML/CTF regulations. By leveraging Finacle channels and CRM enhancements, the solution delivers a seamless experience, improves operational efficiency, and offers 24x7 accessibility for customers. The approach significantly lowers costs, mitigates privacy risks, and provides a sustainable framework for future regulatory changes.
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