Infosys Expands Association With DNB Bank To Fasten Digital Route
The partnership reflects the swing among global banks to adopt AI-driven solutions
Indian multinational technology company, Infosys, has announced an extended strategic collaboration with DNB Bank ASA, Norway’s largest financial institution, to expedite the bank’s digital evolution.
The partnership aims to modernize DNB’s IT systems, bolster operational resilience, and elevate customer experience using Infosys’ digital capabilities and banking platforms. It will enable the deployment of the Infosys Finacle platform to revamp the bank’s legacy and streamline its service offerings.
Elin Sandnes, COO and Group Executive Vice President, Technology & Services at DNB, expressed, “With our extended collaboration with Infosys, we are modernizing our IT infrastructure and leveraging advanced technologies like AI and ML to enable seamless, personalized, and agile services to our customers.”
Sandnes stressed that the initiative supported the bank’s goal of proactively meeting customer needs with improved digital banking services.
Meanwhile, Infosys has marked its presence in the Nordic region through acquisitions and operational expansions. The company reiterated its commitment to supporting regional clients.
Commenting on the move, Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, said, “The collaboration underscores our commitment to the Nordics and our capability in managing large-scale IT transformations. We are proud to be DNB’s strategic partner in this journey.”
The collaboration reflects the trend among global banks to adopt cloud-first and artificial intelligence (AI)-driven solutions. This is being to improve efficiency and remain competitive in an evolving digital scenario.