Infosys Limited has informed the Exchange regarding 'Mastercard and Infosys Collaborate to Scale Cross-border Payments'.
INFY · price
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Infosys announced a strategic collaboration with Mastercard to give financial institutions easier access to Mastercard Move, Mastercard's cross-border money movement platform reaching 200+ countries and 150+ currencies. The solution will integrate with Infosys Finacle (part of EdgeVerve Systems), enabling banks to onboard quickly without heavy integration work. Both companies highlighted Asia's growing role in global remittances, with Asia accounting for nearly half of global inflows in 2024. Leadership from both Mastercard and Infosys emphasized faster, more secure cross-border payment experiences for end customers.
This partnership strengthens Infosys Finacle's value proposition in the digital banking space and could drive more wallet share among banks seeking cross-border payment capabilities. For shareholders, it is a positive business development signal rather than a material financial event, so any direct stock price impact is likely to be limited.