Infosys expands collaboration with DNB Bank to modernize crime operations

Infosys (NYSE: INFY) announced an expanded strategic collaboration with DNB Bank ASA, Norway's largest bank, to modernize the bank's financial crime operations using the NICE Actimize X-Sight Enterprise platform.

As the systems integration partner, Infosys will lead the modernization of DNB's financial crime technology landscape, including enterprise architecture design, platform integration, and data migration. The project consolidates customer and payment screening, customer due diligence, and transaction and fraud monitoring onto a single, scalable software-as-a-service platform.

The implementation will integrate X-Sight's anti-money laundering and fraud solutions to provide DNB with customer risk visibility and detection of financial crime patterns. The platform's artificial intelligence capabilities will enable advanced automation and support AI-assisted investigations.

"Protecting customers and the integrity of the financial system requires us to continuously raise the bar on detection and investigation," said Elin Sandnes, chief operating officer and group executive vice president technology and services at DNB. The collaboration aims to enhance the bank's ability to detect, investigate, and prevent financial crime while supporting digital transformation and regulatory compliance objectives.

Craig Costigan, chief executive officer of NICE Actimize, stated that the X-Sight Enterprise platform's AI-driven capabilities will help protect DNB and its customers from fraud and financial crimes while boosting operational efficiency and reducing costs.

Dennis Gada, executive vice president and global head of banking and financial services at Infosys, said the modernization program moves DNB from fragmented controls to a unified, intelligence-led operating model that allows earlier detection and smarter investigations across jurisdictions.

The information is based on a press release statement from Infosys.

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