August 03, 2025 to September 02, 2025 (30 days) News Period
Total Articles Found: 6
Search Period: August 03, 2025 to September 02, 2025 (30 days)
Last Updated: September 02, 2025 at 09:19 PM
News Review for edgeverve
EdgeVerve Systems News Review
Executive Summary
EdgeVerve Systems has significantly strengthened its market position through a strategic partnership with Mastercard, integrating the Finacle banking platform with Mastercard Move's global payment infrastructure to enable cross-border transactions across 200+ countries and 150+ currencies, reaching 95% of the world's banked population (Electronic Payments International). This collaboration positions EdgeVerve's Finacle as a comprehensive "composable banking platform" that reduces traditional implementation complexity and costs for financial institutions seeking global payment capabilities, while the company also gained industry recognition as a key player in the rapidly expanding RPA market projected to reach $211.06 billion by 2034 (Globe Newswire). The Mastercard partnership represents a strategic evolution for EdgeVerve beyond traditional document processing into comprehensive financial services infrastructure, capitalizing on growing global remittances where Asia accounts for nearly half of global inflows in 2024 (Finextra).
Key Developments
Strategic Partnership: EdgeVerve secured a high-impact collaboration with Mastercard to integrate Finacle with Mastercard Move's payment services, enabling financial institutions to access cross-border payment capabilities across 200+ countries and 150+ currencies with significantly reduced implementation time and resources (Economic Times).
Product Enhancement: The Finacle platform has been positioned as a "composable banking platform" that combines core banking functionality with integrated global payment processing, moving beyond traditional banking software to offer comprehensive financial services including saving, paying, borrowing, and investing capabilities (Electronic Payments International).
Market Recognition: EdgeVerve was identified among key players in the global RPA market analysis alongside major vendors like UiPath and Automation Anywhere, validating its position in the competitive automation landscape (Globe Newswire).
Market Context
The developments position EdgeVerve to capitalize on the growing demand for seamless cross-border payment solutions, particularly in the Asia-Pacific region where remittances account for nearly half of global inflows in 2024 (Finextra). The partnership addresses financial institutions' prioritization of digital payment system advancements as key customer touchpoints, while the broader RPA market evolution toward hyperautomation and AI-enhanced intelligent automation creates opportunities for EdgeVerve to compete in an increasingly sophisticated landscape where traditional rule-based processing is evolving toward AI-driven intelligent document processing (Globe Newswire).
Notable Quotes
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle: "At Infosys Finacle, we are committed to inspiring better banking by helping customers save, pay, borrow and invest better. This engagement with Mastercard Move brings together the agility of our composable banking platform with Mastercard's unmatched global money movement capabilities – empowering banks to deliver fast and secure cross-border experiences for every customer segment." (Electronic Payments International)
Strategic Implications
The Mastercard partnership represents a strategic pivot for EdgeVerve from traditional document processing toward comprehensive financial services infrastructure, strengthening its competitive position against other banking platform providers by offering pre-integrated cross-border payment solutions rather than requiring custom integrations. This positions EdgeVerve to serve as a key digital infrastructure provider for global financial services, potentially expanding its international market reach through Mastercard's extensive network while addressing the growing demand for reduced implementation complexity in banking technology. The company's recognition in the RPA market analysis alongside major vendors validates its position in the competitive automation landscape, though it must continue evolving toward AI-enhanced solutions and cloud-native platforms to maintain relevance in the rapidly advancing intelligent automation sector.
Individual Articles
Article 1: Infosys, MasterCard collaborate on cross-border payments
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Summary
EdgeVerve Systems, through its parent company Infosys, has announced a strategic collaboration with Mastercard to integrate Mastercard Move's money movement capabilities with the Finacle banking platform. This partnership enhances EdgeVerve's competitive positioning in the financial services software market by offering financial institutions seamless access to cross-border payment processing capabilities directly within their existing Finacle platform, strengthening the platform's value proposition as a comprehensive banking solution.
Article 2: Infosys, Mastercard partner to streamline access to global payments
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Summary
EdgeVerve Systems has significantly strengthened its Finacle banking platform through a strategic partnership with Mastercard, integrating Mastercard Move's global payment services to enable cross-border transactions across 200+ countries and 150+ currencies. CEO Sajit Vijayakumar emphasized the combination of Finacle's composable banking architecture with Mastercard's payment capabilities, positioning the platform to deliver comprehensive financial services including saving, paying, borrowing, and investing. This partnership enhances EdgeVerve's competitive positioning in the banking technology market by offering financial institutions integrated access to global money movement capabilities while maintaining control over risk, operations, and costs, directly addressing the growing demand for seamless digital cross-border payment experiences.
Executive Insights
Sajit Vijayakumar, CEO of Infosys Finacle
"At Infosys Finacle, we are committed to inspiring better banking by helping customers save, pay, borrow and invest better. This engagement with Mastercard Move brings together the agility of our composable banking platform with Mastercard's unmatched global money movement capabilities – empowering banks to deliver fast and secure cross-border experiences for every customer segment."
Context: Discussing the strategic partnership with Mastercard Move
Significance: Highlights EdgeVerve's focus on composable banking architecture and comprehensive financial services capabilities
Article 3: Infosys shares in focus after partnering with Mastercard to boost cross-border payments
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Summary
EdgeVerve Systems' Finacle platform has secured a strategic partnership with Mastercard to power cross-border payment solutions, positioning the subsidiary as a key digital infrastructure provider for global financial services. Through this collaboration, Finacle will enable financial institutions to access Mastercard Move's payment capabilities across 200+ countries and 150+ currencies, reaching 95% of the world's banked population with reduced implementation costs and faster onboarding. CEO Sajit Vijayakumar emphasized Finacle's evolution as a 'composable banking platform' that combines agility with global payment capabilities, potentially strengthening EdgeVerve's competitive position in the international banking infrastructure market while expanding its reach beyond traditional document processing into comprehensive financial services enablement.
Executive Insights
Sajit Vijayakumar, Chief Executive Officer at Infosys Finacle
"At Infosys Finacle, we are committed to inspiring better banking by helping customers save, pay, borrow and invest better. This engagement with Mastercard Move brings together the agility of our composable banking platform with Mastercard's unmatched global money movement capabilities – empowering banks to deliver fast and secure crossborder experiences for every customer segment"
Context: Discussing the strategic partnership with Mastercard Move
Significance: Highlights EdgeVerve's positioning of Finacle as a composable banking platform and their focus on comprehensive banking solutions beyond just payments
Article 4: Infosys and Mastercard collaborate to scale cross-border payments
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Summary
EdgeVerve Systems' Finacle platform has secured a strategic partnership with Mastercard to integrate cross-border payment capabilities through Mastercard Move, positioning the platform to serve financial institutions across 200+ countries and 150+ currencies. CEO Sajit Vijayakumar emphasized Finacle's composable banking platform approach, which enables rapid integration with reduced implementation complexity compared to traditional methods. This development strengthens EdgeVerve's competitive position in the growing cross-border payments market, particularly in Asia-Pacific where remittances account for nearly half of global inflows, by offering banks a comprehensive solution that combines core banking with advanced payment capabilities.
Executive Insights
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle
"At Infosys Finacle, we are committed to inspiring better banking by helping customers save, pay, borrow and invest better. This engagement with Mastercard Move brings together the agility of our composable banking platform with Mastercard's unmatched global money movement capabilities – empowering banks to deliver fast and secure cross-border experiences for every customer segment."
Context: Discussing the strategic collaboration with Mastercard and its benefits for banking customers
Significance: Highlights EdgeVerve's positioning of Finacle as a composable banking platform and their commitment to comprehensive banking solutions beyond traditional core banking
Article 5: Mastercard partners with Infosys to scale cross-border payments
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Summary
EdgeVerve Systems has strengthened its position in the financial technology market through a strategic partnership integrating its Finacle banking platform with Mastercard Move's cross-border payment capabilities. The collaboration enables financial institutions to access Mastercard's global money movement network spanning 200+ countries and 150+ currencies without the traditional integration complexity, positioning EdgeVerve to capitalize on growing global remittances, particularly in Asia which accounts for nearly half of global inflows in 2024. CEO Sajit Vijayakumar emphasized the company's 'composable banking platform' approach, highlighting how the partnership empowers banks to deliver comprehensive financial services across all customer segments while maintaining operational control and security.
Executive Insights
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle
"At Infosys Finacle, we are committed to inspiring better banking by helping customers save, pay, borrow and invest better. This engagement with Mastercard Move brings together the agility of our composable banking platform with Mastercard's unmatched global money movement capabilities – empowering banks to deliver fast and secure crossborder experiences for every customer segment."
Context: Discussing the strategic partnership with Mastercard Move
Significance: Highlights EdgeVerve's positioning around 'composable banking' and their focus on comprehensive financial services beyond traditional banking
Article 6: Robotic Process Automation Market Size to Hit USD 211.06 Billion by 2034 Driving Enterprise Efficiency and Cost Savings Through Automation
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Summary
EdgeVerve Systems was recognized as a key player in the global RPA market analysis, appearing alongside major vendors like UiPath, Automation Anywhere, and Blue Prism in a market projected to reach $211.06 billion by 2034 with a 25.01% CAGR. While the report provides market validation for EdgeVerve's position in the competitive landscape, it offers limited insight into the company's specific differentiators or market share in a rapidly evolving sector that is shifting toward AI-enhanced automation, cloud-native platforms, and industry-specific solutions, particularly in the dominant BFSI segment that represents over 36% of market revenue.
