Infosys, one of the India's leading software exporters, announced that Al Hilal Bank, one of the growing bank in the UAE, has successfully implemented Finacle e-banking solution from the company.

The new solution enables Al Hilal to provide a full range of internet banking services to its corporate customers in an intelligent and seamless manner, without compromising security. It also allows the bank to roll out new functionalities on a regular basis and build upon existing products to provide an enhanced banking experience, all at reduced costs.

With this solution, Al Hilal can now offer fast, easy and anywhere banking, with a rich user experience to enable all segments of corporate customers to bank online. Some of the key corporate banking activities supported by the solution are account services, transfers, bulk payments, file upload for transactions, beneficiary management and advanced reporting.

''The adoption of the latest and best banking technologies is a priority for Al Hilal Bank, inkeeping with our spirit as a progressive Islamic bank. The Infosys Finacle e-banking platform enables us to provide a customized, multi-channel experience for our corporate customers. This new and secure internet banking capability is a reflection of our continued focus on making banking as convenient, as technology-enabled and as cost effective as possible for our valued customers,'' said Mohammed Jamil Berro, group CEO, Al Hilal Bank.

Shares of the company declined Rs 227.25, or 7.16%, to trade at Rs 2,944.95. The total volume of shares traded was 261,830 at the BSE (12.53 p.m., Thursday).