Infosys Finacle

Six leading banks are collaborating with trade finance solution for short-term credit, import payments

Infosys Finacle provides banking solutions various banks across 100 countries and cater to more than 1.3 billion accounts

Finacle Trade Connect is a blockchain-based trade finance solution that connects banks, trade partners and corporates on a unified distributed network

With this, financial services clients can get substantial reductions in infrastructure and application management costs

Finacle's scalability will allow Paytm to meet growth needs and manage expansion in scale of its operations

Alibaba Group-funded company picks up Finacle over Oracle Financial Services Software and TCS' BaNCS