Corporation Bank has chosen Wipro Ltd to transform its existing core banking solution (CBS).

The bank informed the stock exchanges on Tuesday that this was a technology transformation initiative covering core transaction processing channels across branches, Internet and mobile banking, and included risk-based internal audit and enterprise performance management applications. The bank would be implementing Finacle Ver 10.2.x as its CBS, it said.

The project aims at providing Corporation Bank and its customers enhanced uptime and better response, the statement added.

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