Infosys Standardizes on Chainlink Platform for Banking Clients

Infosys, a leading Indian IT services company listed on the NYSE as INFY, has partnered with Chainlink to standardize its adoption of the platform across banking and payments work. This strategic partnership spans multiple Chainlink products, including Cross-Chain Interoperability Protocol (CCIP), Chainlink Runtime Environment (CRE), Automated Compliance Engine (ACE), Proof of Reserve, Data Feeds, and Data Streams.

CCIP allows for the transfer of data and assets across chains, while CRE orchestrates workflows on-chain and off-chain across networks, APIs, and external computation. ACE oversees compliance controls, ensuring that transactions are secure and compliant with regulations.

The deal comes on the heels of Chainlink's tie-up with Bottomline earlier in September, which will permit banks to settle cross-border transactions on-chain while sending standard Swift messages. This partnership further solidifies Chainlink's position as a leading provider of interoperability solutions for financial institutions.