small finance bankRSS

North East Small Finance Bank to launch on FIS Profile core banking system

New banking system project for Infosys Finacle in India

North East Small Finance Bank (NESFB), the first bank of its kind in the northeast of India, is gearing up for launch in early June. For its technology, it’ll be using an outsourced banking and payments platform provided by FIS.

Ujjivan converts into small finance bank; picks FSS for “payments in a box”

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India-based microfinance entity Ujjivan Financial Services is converting into a small finance bank (SFB), and has signed for Financial Software and Systems’ (FSS) end-to-end payments solution.