Breaking Barriers: Continuous Clearing – Real-Time Cheque Settlement Powered by Connect24 Qorus-Infosys Finacle Banking Innovation Awards 2026

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Axis Bank

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26/05/2026 Banking Innovation
Axis Bank transformed cheque clearing from legacy batch-based processing into a near real-time, event-driven system using Finacle Connect24—delivering instant fund availability, 40% lower reconciliation effort, and processing over 3 lakh transactions

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