Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, announced that its client Axis Bank has implemented a state of the art enterprise payments hub (EPH) on a modern architecture powered by TCS BaNCS. Axis Bank's vision is to create new levels of customer service by delivering both of innovation and efficiency.

Commenting on the selection of TCS BaNCS, Amit Sethi CIO, Axis Bank said "EPH solution is built with TCS BaNCS solution for payments processing engine, branch channel, and corporate service channels. The enterprise payment hub has enabled us to provide cutting-edge features to our clients in the domestic payments space - we are able to empower our sales teams to design and deliver highly customised solutions across corporate, government, financial institutions and SME segments."

Shares of the Tata Consultancy Services declined Rs 15.2, or 0.59%, to trade at Rs 2,575.00. The total volume of shares traded was 15,023 at the BSE (11.58 a.m., Wednesday).