Team siliconindia

• Infosys partners with Mastercard to integrate Mastercard Move with Infosys Finacle, enabling faster cross-border payments for financial institutions.
• Mastercard Move offers secure money transfers across 200+ countries and 150+ currencies, reaching over 95% of the world’s banked population.
• The partnership aims to provide seamless, real-time, and secure digital payment experiences, improving efficiency, risk control, and customer loyalty.

Infosys, a global leader in next-generation digital services and consulting, has announced a strategic collaboration with Mastercard to provide financial institutions enhanced access to Mastercard Move, Mastercard’s portfolio of money movement capabilities.

The collaboration will integrate Mastercard Move with Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys. This integration is expected to significantly reduce the time and resources typically required for implementing cross-border payment solutions. Financial institutions will now be able to access Mastercard Move’s capabilities efficiently and seamlessly.

Mastercard Move offers fast and secure money transfer solutions to direct disbursers, banks, non-bank financial institutions, and their customers, both domestically and internationally. The platform covers more than 200 countries and over 150 currencies, reaching more than 95 percent of the world’s banked population.

Pratik Khowala, EVP and Global Head of Transfer Solutions at Mastercard, said, “Through Mastercard Move, we empower individuals and organizations to move money quickly and securely across borders. Our collaboration with Infosys provides financial institutions easy access to these capabilities, helping them offer fast and reliable cross-border payments while improving control over risk, operations, costs, and liquidity”.

Also Read: Infosys to Hire 20,000 Freshers in 2025, Doubles Down on AI

Anouska Ladds, Executive Vice President, Commercial & New Payment Flows, Asia Pacific, Mastercard, highlighted the growing demand for global remittances, especially across Asia, which accounted for nearly half of global inflows in 2024. She added, “By collaborating with partners like Infosys, we can expand the reach of our remittance and commercial payment solutions to a more diverse set of users”.

Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, said, “Digital payment systems are now a key touchpoint with customers. Our collaboration with Mastercard will enable near real-time, cross-border payments, improving financial experiences and helping institutions build long-term customer loyalty”.

Sajit Vijayakumar, CEO of Infosys Finacle, added, “At Infosys Finacle, we aim to inspire better banking. This partnership combines the agility of our composable banking platform with Mastercard’s global money movement capabilities, enabling banks to deliver fast, secure cross-border experiences for every customer segment”.

The partnership marks a significant step in making international money transfers simpler, faster, and more accessible. By combining Mastercard’s advanced payment solutions with Infosys Finacle’s digital banking platform, financial institutions can now provide customers a seamless and secure cross-border payment experience, meeting the growing demand for global digital financial services.