Producers Bank to upgrade core system with Infosys Finacle

Philippines-based Producers Savings Bank Corporation is set to upgrade its core banking system, transitioning to the latest version of the Finacle Core Banking Solution from Infosys Finacle, part of EdgeVerve Systems. Besides, the bank will deploy the Finacle Origination Solution, a digital platform for managing loan applications and processes. It aims to streamline its lending operations, particularly targeting small and medium enterprises (SMEs) and individual borrowers, including teachers. The new s ...