Infosys bagged contract from Mongolia based XacBank

EdgeVerve Systems, a fully owned subsidiary of Infosys, cracked a contract with Mongolia based ZacBank to use Infosys Finacle core banking, corporate banking solution and treasury. However, financial deals of the deal were not revealed.”The Finacle solution suite will enable the bank to drive all-round business transformation to improve customer engagement, operational excellence, and the flexibility to launch tailored offerings on demand, for continuous innovation and growth,” Infosys said. EdgeVerve deals in softwares for artificial intelligence and Robotic Process Automation.