
Infosys Expands Strategic Collaboration with DNB Bank ASA to Modernize Financial Crime Operations
Infosys, a global leader in AI-first business consulting and technology services, announced the expansion of its strategic collaboration with DNB Bank ASA, Norway's largest bank, aimed at modernizing its Financial Crime (FinCrime) operations.The engagement centers on leveraging the NICE Actimize X-Sight Enterprise platform. Through this partnership, Infosys will help DNB transform its fragmented, legacy systems into a unified, intelligence-driven, cloud-native platform. This initiative is designed to enhance risk insights, improve detection accuracy, and strengthen multi-jurisdiction regulatory compliance.
As the systems integration partner, Infosys will work with DNB to lead the end-to-end modernization of the bank's FinCrime technology landscape. The scope includes enterprise architecture design, platform integration, and data migration. The collaboration will consolidate key functions, such as customer and payment screening, customer due diligence, and transaction and fraud monitoring, onto a single, scalable SaaS platform featuring unified enterprise case management.
By implementing the NICE Actimize X-Sight platform, Infosys will integrate key solutions for anti-money laundering and fraud. This provides DNB with a holistic view of customer risk visibility, enhancing the ability to detect complex and evolving financial crime patterns. The platform’s AI-driven capabilities are expected to deliver value at scale, enabling advanced automation, and laying the groundwork for continuous innovations like intelligent orchestration and AI-assisted investigations.
Elin Sandnes, COO and Group Executive Vice President Technology & Services at DNB, stated, "Protecting customers and the integrity of the financial system requires us to continuously raise the bar on detection and investigation. By working closely with Infosys and leveraging NICE Actimize's X-Sight Enterprise platform, we are enhancing our ability to detect, investigate, and prevent complex financial crime more effectively, while supporting our long-term digital transformation and regulatory compliance objectives."
Craig Costigan, CEO of NICE Actimize, noted, "Financial institutions globally are seeking more intelligent, cloud-native approaches to combat evolving financial crime. Through this collaboration with Infosys, our X-Sight Enterprise platform's AI-driven capabilities will help protect DNB and its customers from growing fraud and financial crimes, while boosting operational efficiency and reducing costs."
Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, added that legacy systems struggle to keep pace with the rapid evolution of financial crime. He explained, "By consolidating anti-money laundering and fraud capabilities onto an AI-enabled enterprise cloud platform, we're helping DNB Bank ASA move from fragmented controls to a unified, intelligence-led operating model. This allows the bank to detect earlier, investigate smarter, and respond with greater consistency across jurisdictions."
INFY Stock Price Movement
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