Infosys Limited (NYSE:INFY) is one of the best debt-free IT stocks to buy now. On June 2, Infosys Limited (NYSE:INFY) confirmed the expansion of its strategic collaboration with Norway’s largest bank, DNB Bank ASA. As part of the expanded partnerships, the bank is to leverage the company’s NICE Actimize X-Sight Enterprise platform to modernize its Financial Crime operations.
Consequently, Infosys is to implement a secure, scalable system that supports seamless data integration, advanced analytics, and intelligent automation. It will also integrate X-Sight’s key solutions for anti-money laundering and fraud to enhance DNB’s customer risk visibility.
In addition, Infosys is to help DNB transform fragmented legacy systems into an intelligence-driven, cloud-native platform. The ultimate goal is to enhance risk insights, improve detection accuracy, and enhance regulatory compliance. The integration will result in the end-to-end modernization of the bank’s FinCrime technology landscape. The bank will also be able to detect earlier, investigate more effectively, and respond with greater consistency.
Infosys Limited is a global technology services and consulting company that helps businesses digitally transform their operations. It provides a wide range of services, including custom software development, artificial intelligence (AI) solutions, cloud computing, and IT outsourcing.
READ NEXT: Investors’ Stock Portfolio: Top 10 Penny Stocks To Buy and 10 Most Shorted Mid-Cap and Small-Cap Stocks to Buy Now.