2013 BAI - Finacle Global Banking Innovation Awards Winners Announced

2013 BAI - Finacle Global Banking Innovation Awards Winners Announced 
Awards Recognize Innovative Excellence in the Retail Banking Industry 
DENVER, CO -- (Marketwired) -- 11/05/13 --   BAI and Infosys today
announced the winners of the 2013 BAI - Finacle Global Banking
Innovation Awards. Now in its third year, the prestigious global
awards program recognizes innovation in the retail banking industry.
This year's winners received their awards at a special ceremony today
at the BAI Retail Delivery Conference in Denver, Colo. 
The winning financial services companies were chosen from more than
200 entries from over 30 countries for breakthrough innovations that
positively impact customers. They were selected by the Innovation
Circle Judging Panel, a distinguished international group of
prominent industry thought-leaders and retail banking professionals.
Awards were presented in each of the following categories: Product
and Service Innovation, Channel Innovation, Innovation in Internal
Process Improvement, Innovation in Societal and Community Impact,
Disruptive Innovation in Banking, Honorable Mention for Disruptive
Business Model, and Most Innovative Bank of the Year.  

--  CaixaBank, located in Spain, and Hana Bank, located in South Korea,
    were honored as co-winners of the Product and Service InnovationAward.
    CaixaBank developed "SegurCaixa Auto," a comprehensive auto insurance
    mobile application that allows easy access to travel assistance
    services (including geolocation), declaration loss due to an accident,
    policy information, traffic news, location of petrol stations and even
    reminders about where the insured vehicle is parked. "One Click
    Mortgage," developed by Hana Bank, is Korea's first fully online
    mortgage product, eliminating the need for applicants to visit
    branches. The platform includes five easy online steps; e-application,
    e-underwriting, e-signing, e-document and e-closing.

--  The award for Channel Innovation was won by Alior Bank S.A., located
    in Poland, for their "Online Credit Process." This unique channel
    provides a comprehensive online, paperless solution for purchase of a
    product or service on participating retailers' sites from applying for
    and obtaining a loan to the payment of that loan, all in one process
    without logging off from the online store.

--  The award for Innovation in Internal Process Improvement was won by
    ZUNO Bank, located in the Slovak Republic, for "ZUNO: The
    multi-country direct banking standardization in the CEE region." This
    unique greenfield implementation of a direct bank utilizes a system
    that not only centralizes and standardizes all major processes, but
    that also supports the rapid growth of the number of users via a 24/7
    operational model. Built from the ground up, the system has since been
    optimized to serve several countries through a single instance of
    applications, database and common infrastructure.
--  Standard Bank of South Africa earned the Innovation in Societal and
    Community Impact Award for "Standard Bank-AccessBanking." Designed
    specifically for the underbanked, this alternative, cost-effective
    ecosystem was created to support mobile acquisition and banking
    services in underserved communities, driving financial inclusion in
    the country. The ecosystem allows customers to make deposits,
    withdrawals and balance transfers at thousands of community-based
    retail outlets.

--  The Disruptive Innovation in Banking Award was given to Hana Bank for
    "Hana N Wallet," a new strategic payment platform that removes
    conventional concepts like account numbers by enabling customers to
    use their mobile number as their virtual account.

--  Jibun Bank Corporation, located in Japan, was awarded an Honorable
    Mention for Disruptive Business Model for "Jibun Bank Apps for
    Smartphone" which provide full banking services through mobile
    devices. Created as a 50/50 joint venture between Bank of
    Tokyo-Mitsubishi UFJ and KDDI (the second largest mobile
    telecommunication operator in Japan), this lean and agile
    infrastructure with only 157 staff members supports more than 1.5
    million mobile customers.

--  CaixaBank was named the Most Innovative Bank of the Year Award in
    recognition of its ongoing creativity in delivering value to customers
    beyond the transaction and continuing to demonstrate innovative
    thinking and solutions around the customer experience and customer

"This year's winners set a high bar for what can be achieved through
innovation in improving the customer experience and access to
services," says Debbie Bianucci, president and chief executive
officer of BAI. "Whether it is introducing a new payment platform or
designing products specifically for underbanked customers, their
creativity and originality can inspire us all. We congratulate these
banks on their achievements and look forward to future innovations
from these leaders and other financial services companies around the
According to Haragopal Mangipudi, Global Head - Finacle, Infosys,
"These are great examples of forward-thinking institutions. They
deserve accolades for delivering innovative and pragmatic solutions
that better customer experience. As our work and research clearly
shows, there is a fascinating shift taking place. Consumers are
demanding convenience, speed and personalization -- along with
competitively priced products. Institutions that are slow to respond
to these market drivers risk being overtaken in an ever increasingly
competitive market." 
To learn more about the 2013 BAI - Finacle Global Banking Innovation
Awards and nominations for the 2014 awards, please visit
About BAI 
 BAI is the financial services industry's partner for
breakthrough information and intelligence needed to innovate and stay
relevant in an evolving marketplace. For more than 85 years, BAI has
focused on advancing the industry by offering unbiased education and
research. BAI's offerings are as diverse as the industry, and include
premier events such as BAI Retail Delivery Conference & Expo,
groundbreaking research and performance metrics, professional
learning and development programs, and in-depth editorial coverage
through BAI Banking Strategies. For more information, visit
About Infosys 
 Infosys is a global leader in consulting, technology
and outsourcing solutions. As a proven partner focused on building
tomorrow's enterprise, Infosys enables clients in more than 30
countries to outperform the competition and stay ahead of the
innovation curve. With $7.4bn in annual revenues and 155,000+
employees, Infosys provides enterprises with strategic insights on
what lies ahead. We help enterprises transform and thrive in a
changing world through strategic consulting, operational leadership
and the co-creation of breakthrough solutions, including those in
mobility, sustainability, big data and cloud computing.  
Visit www.infosys.com to see how Infosys (NYSE: INFY) is Building
Tomorrow's Enterprise(R) today.  
Safe Harbor 
 Certain statements in this release concerning our
future growth prospects are forward-looking statements, which involve
a number of risks and uncertainties that could cause actual results
to differ materially from those in such forward-looking statements.
The risks and uncertainties relating to these statements include, but
are not limited to, risks and uncertainties regarding fluctuations in
earnings, fluctuations in foreign exchange rates, our ability to
manage growth, intense competition in IT services including those
factors which may affect our cost advantage, wage increases in India,
our ability to attract and retain highly skilled professionals, time
and cost overruns on fixed-price, fixed-time frame contracts, client
concentration, restrictions on immigration, industry segment
concentration, our ability to manage our international operations,
reduced demand for technology in our key focus areas, disruptions in
telecommunication networks or system failures, our ability to
successfully complete and integrate potential acquisitions, liability
for damages on our service contracts, the success of the companies in
which Infosys has made strategic investments, withdrawal or
expiration of governmental fiscal incentives, political instability
and regional conflicts, legal restrictions on raising capital or
acquiring companies outside India, and unauthorized use of our
intellectual property and general economic conditions affecting our
industry. Additional risks that could affect our future operating
results are more fully described in our United States Securities and
Exchange Commission filings including our Annual Report on Form 20-F
for the fiscal year ended March 31, 2013 and on Form 6-K for the
quarter ended June 30, 2013. 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 our reports to shareholders. The company does not undertake to
update any forward-looking statements that may be made from time to
time by or on behalf of the company unless it is required by law.  
For further information please contact: 
Jeannette Weiland 
BAI, Chicago, USA 
Phone: +1 312 683-2319 
Asia Pacific 
Abhijith Karthikeya D 
Infosys, India 
Phone: +91 80 41563373 
Paul De Lara 
Infosys, UK 
Phone: +44 2075162748 
The Americas 
Ken Montgomery 
GolinHarris, US 
Phone: +1 415.318.4399 
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