Sharjah Islamic Bank Selects Finacle e-Banking and Mobile Banking Solutions to Provide Superior Channel Services

Sharjah Islamic Bank Selects Finacle e-Banking and Mobile Banking Solutions to Provide Superior Channel Services

SHARJAH, UAE, June 21, 2015 / PRNewswire-FirstCall — Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced that Sharjah Islamic Bank (SIB), a leading Sharia-compliant bank in the Middle East, has selected Finacle e-Banking and Mobile Banking solutions to enhance customer service and deliver new-age channel banking experiences. With Finacle, SIB will be able to offer its customers a wide range of features for secure account management and aggregation, fund transfer, payment, and financial management.


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- Sharjah Islamic Bank selected Finacle for its product flexibility, ability to offer a unified platform to serve all customer segments, and for its extensive experience in the Middle East
- With this rollout, Infosys Finacle will deliver its proven Internet and mobile banking solutions to provide a seamless and personalized channel experience for SIB’s customers


Jassem Al Baloushi, Head, Retail Banking, SIB:

“Sharjah Islamic Bank is committed to providing the highest level of customer satisfaction. We have undertaken a major transformation program across functions to deliver new-age banking solutions to our customers. Infosys Finacle is our partner for e-Banking and mobile banking requirements. We have selected Infosys Finacle’s digital banking solutions to overhaul our channel capabilities. This will help us deliver a superior online and mobile banking experience to our customers.”

Michael Reh, Senior Vice President and Global Head of Finacle, Infosys:

“As Islamic banking matures, ensuring superior customer experience and omni-channel access will be critical for growth. Infosys Finacle’s digital-channel functionality will put in place a robust platform at Sharjah Islamic Bank that will enable a world-class banking experience for customers. This partnership further adds to the growing number of Finacle deployments in the region.”

Additional resources

- Finacle Islamic Banking Solution
[http://www.infosys.com/finacle/solutions/Pages/islamicbanking.aspx ]
- Finacle POVs and Blogs [http://www.infosysblogs.com/finacle ]
- Finacle Case Studies
[http://www.infosys.com/finacle/resources/case-studies/Pages/index.aspx ]

About Infosys

Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.

Visit http://www.infosys.com [http://www.infosys.com/Pages/index.aspx#_blank ] to see how Infosys (NYSE: INFY), with US$ 8.7 billion in annual revenues and 176,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.

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Source: Infosys