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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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The Rise of Alternative Data in the Lending Market

Bank Innovation

EXCLUSIVE – There were conflicting views on the importance of the FICO score at the PayThink Conference in Phoenix this week. While only some professionals were bold enough to say the standardized credit scoring has become marginalized, others maintained that it was here to stay.

Phoenix 342
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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

The ThinkBIG 2024 conference is June 3-6 in Phoenix, Arizona, and with 99% of last year’s attendees saying they would recommend the conference to others, Abrigo expects another large crowd. Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023.

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Transactions: FinWise selects Finastra’s core banking solution

BankInovation

Sandy, Utah-based FinWise aims to use the Fusion Phoenix core banking solution from London-based Finastra to expand its retail and lending business through Finastra’s cloud-based solution, Keith Redding, chief revenue officer of universal banking at Finastra, told […].

Phoenix 52
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Scottsdale Community Bank: Making microloans

Independent Banker

George Weisz, Scottsdale Community Bank But for all its embrace of technology, the community bank took its inspiration for an innovative lending program from an old-school tradition: kids’ lemonade stands. Expanding the lemonade stand Something So Worth It—a nonprofit organization in Phoenix, Ariz.,

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Community Banks Accelerate FinTech Integrations

PYMNTS

The bank revealed it will be upgrading its infrastructure to adopt Finastra’s Phoenix core platform, and will further be adopting Finastra’s Fusion Digital Banking, LaserPro and other products as part of its digitization initiative. ’s.

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PYMNTS Daily Data Dive: Prosper Marketplace’s Precarious Path Forward

PYMNTS

. $40 million | What Prosper paid to acquire medical-lending firm American Healthcare Lending LLC and personal-finance startup Billguard Inc. 171 | The total number of jobs Prosper is shedding, which adds up to 28 percent of their total staff and 14 percent of the staffs in San Francisco and Phoenix.