{"id":995954,"date":"2026-08-17T08:35:43","date_gmt":"2026-08-17T12:35:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fiserv-and-flagstar-bank-announce-strategic-core-banking-relationship\/"},"modified":"2026-08-17T08:35:43","modified_gmt":"2026-08-17T12:35:43","slug":"fiserv-and-flagstar-bank-announce-strategic-core-banking-relationship","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fiserv-and-flagstar-bank-announce-strategic-core-banking-relationship\/","title":{"rendered":"Fiserv and Flagstar Bank Announce Strategic Core Banking Relationship"},"content":{"rendered":"

\nFlagstar selects Finxact, next-generation core banking platform, as a foundation for modernization strategy and key pillar of the Flagstar S2 Platform
\n<\/h2>\n
\n

NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) — Fiserv, Inc.<\/a> (NASDAQ: FISV), a global leader in payments and financial technology, and Flagstar Bank, N.A.<\/a> (NYSE:FLG), one of the nation\u2019s largest regional banks, today announced that Flagstar has selected Finxact from Fiserv, a modern, cloud-native core banking platform, as the cornerstone of the bank\u2019s core modernization strategy.<\/p>\n

Flagstar\u2019s selection of Finxact is a natural extension of its commitment to building a modern technology foundation and a key component of the Flagstar S2 Platform\u2122 \u2014 Simple and Sophisticated \u2014 the bank’s unified technology transformation initiative. Finxact will serve as the next-generation system of record and transaction processing engine underpinning Flagstar’s modernization strategy, replacing legacy technology and positioning the bank to deliver the real-time, digital-first banking experiences today’s customers demand. As the bank moves to a single, consolidated core with Finxact, it will implement planned conversions in a phased approach to support a seamless transition.<\/p>\n

\u201cAt the heart of everything we do is a genuine commitment to making banking better for our customers starting with how we build and evolve our technology,\u201d said Christopher Higgins, Chief Information & Operations Officer at Flagstar Bank. \u201cChoosing Finxact wasn’t just a technical decision, it was a pivotal moment for us. A significant enabler of everything the Flagstar S2 Platform is becoming, Finxact will give us the freedom to move faster, grow smarter, and deliver the kind of real-time, seamless experiences that today’s customers expect. We’re not just keeping up with the future of financial services \u2014 we’re building it.\u201d<\/p>\n

\u201cFinancial institutions are increasingly rethinking their technology foundations to improve agility, deliver differentiated experiences and respond more quickly to evolving customer expectations,\u201d said Srini Krish, Co-Head, Financial Solutions, Fiserv. \u201cFlagstar’s vision for technology is exactly the kind of bold, forward-thinking transformation that Finxact was built to enable. This partnership is a powerful demonstration of what a next-generation core platform can enable for a large financial institution and will serve as a compelling model for institutions across the industry.”<\/p>\n

Finxact is an open, cloud-native, API-first platform designed to help financial institutions modernize incrementally while gaining real-time access to data, greater operational flexibility and faster product development capabilities. Its real-time, temporal transaction processing eliminates end-of-day batch reconciliation, delivering a single, authoritative version of the truth across the enterprise. Finxact’s open, extensible architecture and API-first design are purpose-built to integrate seamlessly within this framework, enabling banks to rapidly deliver new products and services, support embedded finance, and future-proof their technology investments.<\/p>\n

\n About Flagstar Bank, N.A.<\/strong>
\n
Flagstar Bank, N.A. is one of the largest regional banks in the country. At June 30, 2026, the Bank had $87.7 billion of assets, $61.2 billion of loans, deposits of $67.5 billion, and total stockholders’ equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York\/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast.<\/p>\n

\n About Fiserv<\/strong>
\n
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, is a global leader uniting commerce and finance.\u00a0The company powers sustained growth and innovation at scale for financial institutions and businesses worldwide across payments, account processing, digital banking, merchant acquiring, network services, e-commerce, and Clover\u00ae, the all-in-one business management platform.\u00a0Fiserv is a member of the S&P 500\u00ae Index and one of FORTUNE\u00ae America\u2019s Most Innovative Companies. Visit\u202ffiserv.com<\/a>\u202fand\u202ffollow on social media<\/a>\u202ffor more information and the latest company news.\u00a0<\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
For more information contact:<\/td>\nAdditional contact:<\/td>\n<\/tr>\n
\n Media Relations:<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Mark Jelfs<\/td>\nJessica Torchia<\/td>\n<\/tr>\n
Senior Manager, Communications<\/td>\nVice President, External Communications<\/td>\n<\/tr>\n
Fiserv, Inc.<\/td>\nFlagstar Bank, N.A.<\/td>\n<\/tr>\n
\n mark.jelfs@fiserv.com<\/a>\n <\/td>\n\n jessica.torchia@flagstar.com<\/a>\n <\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n

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\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Flagstar selects Finxact, next-generation core banking platform, as a foundation for modernization strategy and key pillar of the Flagstar S2 Platform NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) — Fiserv, Inc. (NASDAQ: FISV), a global leader in payments and financial technology, and Flagstar Bank, N.A. (NYSE:FLG), one of the nation\u2019s largest regional banks, today announced that Flagstar has selected Finxact from Fiserv, a modern, cloud-native core banking platform, as the cornerstone of the bank\u2019s core modernization strategy. Flagstar\u2019s selection of Finxact is a natural extension of its commitment to building a modern technology foundation and a key component of the Flagstar S2 Platform\u2122 \u2014 Simple and Sophisticated \u2014 the bank’s unified technology transformation initiative. Finxact will serve as the next-generation … <\/p>\n

Continue reading “Fiserv and Flagstar Bank Announce Strategic Core Banking Relationship”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-995954","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFiserv and Flagstar Bank Announce Strategic Core Banking Relationship - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fiserv-and-flagstar-bank-announce-strategic-core-banking-relationship\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fiserv and Flagstar Bank Announce Strategic Core Banking Relationship - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Flagstar selects Finxact, next-generation core banking platform, as a foundation for modernization strategy and key pillar of the Flagstar S2 Platform NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) — Fiserv, Inc. (NASDAQ: FISV), a global leader in payments and financial technology, and Flagstar Bank, N.A. (NYSE:FLG), one of the nation\u2019s largest regional banks, today announced that Flagstar has selected Finxact from Fiserv, a modern, cloud-native core banking platform, as the cornerstone of the bank\u2019s core modernization strategy. Flagstar\u2019s selection of Finxact is a natural extension of its commitment to building a modern technology foundation and a key component of the Flagstar S2 Platform\u2122 \u2014 Simple and Sophisticated \u2014 the bank’s unified technology transformation initiative. 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