FinWise Bank Plumps For Finastra to Drive Digital Expansion

finwise bankselected by Utah-based Community Bank Finastras Fusion Phoenix Core Banking Solution modernizes your banking infrastructure.

A bank that partners with fintech and is the Small Business Administration of the United States (SBA) lenders leverage new core capabilities to better align retail and business lending technology with fintech lending programs.

FinWise Bank chose Finastra’s Fusion Phoenix core banking solution. This will enable banks to support new accounts at the national level while still providing first-class customer service both locally and nationally.

“Finwise is a unique bank doing something innovative in the fintech space. Dawn Cannon, EVP and Chief Operating Officer, FinWise Bank. “We needed to find a core he provider who could meet our needs for flexibility and growth, and a provider with experience and stability we could trust. We feel Finastra is that provider. “

FinWise Bank needed a digital core solution with banking capabilities powered by open APIs, cloud and microservices, making it fully adaptable to new technologies. Fusion Phoenix gives you the flexibility you need, increases efficiency, and fully integrates customer data to enable more personalized campaigns and customer interactions.

“Fusion Phoenix provides FinWise with the open architecture and flexibility it needs to achieve exciting digital expansion. Keith Redding Chief Revenue Officer of Universal Banking at Finastra. “The open model of our core solution creates today’s performance and scalability, while future-proofing the technology and enabling future growth.”

Earlier this year, Utah chartered non-member banks Independent Banker Magazine.

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