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      REPORT
      VIDEO
      IndusInd Bank: Preparing for The Next Payments Frontier
      Winner Of Celent Model Bank 2022 Award for Payments System Transformation
      16th March 2022
      //IndusInd Bank: Preparing for The Next Payments Frontier

      IndusInd Bank was struggling to cope with the hypergrowth that Indian payments are seeing, with one system, UPI, growing nationally 14 billion transactions in just a single year. Realising that it needed to prepare for even greater volumes, the bank started an ambitious leading edge payments hub project. They used TCS BaNCS for Payments installed in the cloud, and used agile delivery techniques to migrate functions into the cloud as microservices. Many of the features are firsts for an Indian bank; together, the cloud first approach may well a first globally.

      Author
      Gareth Lodge
      Gareth Lodge
      Research & Advisory
      Gareth Lodge
      Details
      Geographic Focus
      Asia-Pacific
      Horizontal Topics
      Architecture & Legacy Modernization, Cloud, Emerging Technologies
      Industry
      Corporate Banking, Retail Banking