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IDFC Ltd. Partners with FSS for “Bank in a Box” Hosted Solution

FSS (Financial Software & Systems Pvt. Ltd.), a global leader in payments technology and transaction processing has been chosen by IDFC Ltd. to provide end-to-end payments technology support for its upcoming banking operations this year. This partnership will allow FSS to establish complete payments technology infrastructure for the upcoming IDFC Bank with services ranging from payments processing, card management, reconciliation to payment gateway for e-commerce, and Aadhaar Enabled Payments for financial inclusion.

In addition, FSS will install and manage the Bank’s ATM network and provide cash recyclers to accept and dispense cash. This deal reinforces FSS’ position ...

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