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Community banks see value migrating to Finastra’s Fusion Phoenix modern, open core banking system

Bobsguide

Finastra announced that 27 community bank customers are working with Finastra to upgrade their legacy core banking solutions to Fusion Phoenix. Among the banks that have recently gone live on Fusion Phoenix is Deerwood Bank. This is in addition to 15 banks which went live last year.

Phoenix 60
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Transactions: FinWise selects Finastra’s core banking solution

BankInovation

FinWise Bank chose core banking provider Finastra in December to help update its infrastructure and enhance customer experience.

Phoenix 52
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Airbnb Offers Multifamily Financing Solution Through RealtyShares

PYMNTS

The company has already been working with developers to design apartment properties that lend themselves more easily to sharing. Last year, RealtyShares helped finance more than 80 multifamily properties from Miami to Phoenix. “Adding home sharing as an option is just another way buildings can attract and retain tenants.”.

Phoenix 102
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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Digital Transformation – More Digital Than Transformative As bankers shared notes on recent technology investments, it is clear that there has been more digitization of how bankers already do business rather than a rethink of how to create a customer experience and operate the business with new tools and capabilities.

Arizona 144
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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Goes to MoneyLion for lots of obvious inappropriate behavior including violating the Military Lending Act regarding capped lending rates. The Smarter Bank Customer Experience Award. The Appropriate CFPB Target Award. talent market.

Community 216
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The 2023 GonzoBanker Awards

Gonzobanker

The Grow-a-Cool-Niche-Award – goes to Bank Newport for creating a national marine lending business and investing to win with more talent, partnerships and technology. Word: Community banks don’t lend on $400 million office buildings in Manhattan and San Francisco. The Smarter Bank – Customer Experience Award – goes to Synovus Bank.

Fintech 194
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Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. For those in the know – simply AOBA. Source: SNL.

Taxes 75