FinWise Bank: Selects Finastra’s core solution to power its digital expansion

FinWise Bank: Selects Finastra’s core solution to power its digital expansion

  • FinWise Bank is a Utah state-chartered bank and a wholly-owned subsidiary of Bancorp
  • Finastra is a global provider of financial software applications and marketplaces
  • Leverage its new core capabilities to better align its retail and business lending technology
  • Selected Finastra’s Fusion Phoenix core banking solution to modernize its banking infrastructure
  • Fusion Phoenix empowers the Bank to build upon its fintech partnership lending program
  • Innovative leadership team recognized that it needed the right partner to help scale the business for the future
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...