About the Transformation
A leading US investment bank and a global technology giant partnered to revolutionize retail banking, blending financial expertise with digital innovation. Powered by Infosys Finacle's core banking implementation on the cloud, they launched a market-leading savings account offering a 4.40% APY and seamless integration with the tech giant’s ecosystem. The account automatically funneled cash-back rewards from their credit card and wallet, alongside external deposits, into a high-yield savings experience. This collaboration delivered intuitive financial management, personalized rewards, and robust security, redefining banking for tech-savvy consumers. The initiative not only enhanced customer loyalty and expanded market share but set a new standard for innovation in modern financial services.
