ABC Bank licenses Infosys' Finacle package

ABC Bank licenses Infosys' Finacle package

Kenya's African Banking Corporation (ABC Bank) has licensed India-based Infosys Technologies' retail banking package, Finacle.

ABC will initially roll out the core banking and treasury modules from Financle across all its branches in Kenya.

Shamaz Savani, executive director, ABC Bank, says: "This relationship will enable our bank to leverage the Finacle e-platform to launch new products and services for our customers with reduced time-to-market, become more efficient in our operations and reduce our costs."

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