37% rural youth sans Internet access: Study
US financial services technology firm FIS expects as much as 30% growth in India in the next few years as it brings more offerings such as digital banking, corporate and settlement services to the country.
FIS started operations in India about 17 years ago with payments solutions and then outsourced ATM management. In the past two years, it has brought its corebanking solution as well and has been beating Indian rivals InfosysBSE 1.27 % and Tata Consultancy ServicesBSE 0.35 % on deals such as the Bharatiya Mahila Bank and the Bandhan core banking projects.
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