BENGALURU, India and MANILA, Philippines, June 25, 2026 /PRNewswire/ — Infosys Finaclepart of EdgeVerve Systemsa wholly owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank’s decision to select the Infosys Finacle Software-as-a-Service (SaaS) platform for its transformation program. Sterling Bank has chosen to use the Finacle Core Banking, Finacle Customer Data Hub, Finacle trade financeAnd Finacle origin solutions for its requirements. Through this strategic partnership with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services and reduce operational complexity through automation and digitalization, thereby supporting its future growth.
The new platform allows Sterling Bank to simplify technology operations management by leveraging SaaS-based implementation, allowing the bank to focus on strategic growth and innovation. Furthermore, the bank will be able to achieve faster innovation cycles while remaining secure and compliant through access to periodic upgrades, security and feature enhancements. Furthermore, the cloud-hosted model will help the bank scale seamlessly and on demand to support evolving business needs.
Cecilio Paul D. San Pedro, President and Chief Executive Officer, Sterling Bank of Asia, said: “At Sterling Bank of Asia, we strive to integrate progressive solutions into our operations to better serve the Philippine market. To achieve this, we must continually respond to rapidly evolving customer expectations, the accelerating pace of digital innovation and an increasingly complex regulatory landscape. Modernizing our technology foundation for both core and digital banking is essential to realizing our goals. With Infosys Finacle, we have a trusted transformation partner and a next-generation banking platform that will equip us to to meet the dynamic demands of our business, our customers and the wider regulatory environment.”
Sajit Vijayakumar, Managing Director, Infosys Finaclesaid, “Our partnership with Sterling Bank of Asia is yet another example of Finacle’s growing presence in the Philippines. This partnership reflects our continued commitment to delivering next-generation solutions to the thrift banking community without upfront infrastructure investments. With Finacle SaaS, tailored for the Philippine market, Sterling Bank of Asia will gain a modern, customer-centric digital banking platform to help position the bank for long-term success.”
About Infosys Finacle
Finacle is the market leader in digital banking solutions. We are a part of EdgeVerve Systems, a wholly owned product subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY). We work with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks better engage, innovate, operate and transform to scale digital transformation with confidence. Finacle solutions address the key banking, lending, digital engagement, payments, cash management, asset management, treasury, analytics, AI and blockchain requirements of financial institutions. Today, banks in more than 100 countries rely on Finacle to help more than a billion people and millions of businesses save, pay, borrow and invest better. For more information, visit www.finacle.com.
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Certain statements in this press release regarding our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the “safe harbor” under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties related to these statements include, but are not limited to, risks and uncertainties related to the execution of our business strategy, increased competition for talent, our ability to attract and retain employees, wage increases, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geopolitical situations, technological disruptions and innovations such as artificial intelligence (“AI”), generative AI, the complex and evolving regulatory landscape including changes in immigration regulations, our ESG view, our capital allocation policies and expectations regarding our market position, future operations, margins, profitability, liquidity, capital resources, our business activities, including acquisitions, and cybersecurity issues. Important factors that could cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and in our reports to shareholders. The Company undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the Company, except as required by law.
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