Published on 4 Mar 2024 on Zacks via Yahoo Finance

Infosys (INFY) to Implement AI Solutions for PROG Holdings

Infosys INFY has collaborated with PROG Holdings PRG to help the latter improve its operations by implementing solutions based on cloud and artificial intelligence (AI).

PRG is a fintech holding company for Progressive Leasing, Four Technologies, Vive Financial and Build. Progressive Leasing offers lease-to-own solutions for online, app-based and in-store purchases. Vive Financial provides revolving credit products that can be accessed through various channels. Four Technologies is a platform that offers Buy Now, Pay Later payment options and Build provides individuals with personal credit building products.

PROG Holding’s collaboration with Infosys is focused on increasing operational efficiency, bringing technological innovations and fast-tracking its time to market. Furthermore, Infosys will help PRG achieve better partner and customer management by enhancing the technologies.