Infosys Finacle to Upgrade Philippines Producers Bank Core System and Scale SME Lending
Infosys Finacle will upgrade Producers Savings Bank’s core banking solution and deploy its Origination Solution to accelerate SME and teacher lending via automated, fully digital loan management. The platform’s API suite will enable seamless fintech integration, enhancing operational resilience and supporting faster rollout of new services for underbanked communities.
1. Deal Overview
Infosys Finacle has been selected by Producers Savings Bank Corporation to upgrade its core banking platform to the latest Finacle Core Banking Solution and implement the Finacle Origination Solution. This engagement includes automated onboarding, digital loan management and faster processing to support the bank’s growth ambitions.
2. Strategic Benefits
The Origination Solution will enable Producers Bank to significantly scale lending for SMEs, teachers and retail clients through faster turnaround and improved staff productivity. The comprehensive API suite will allow seamless integration with fintech partners, accelerating innovation and expanding services for underbanked and unbanked segments.
3. Implications for Infosys
This contract reinforces Infosys’s position in the Philippine banking sector and is expected to contribute to recurring licence, maintenance and professional services revenues. The deal extends Finacle’s footprint in Southeast Asia and underlines its competitive edge in delivering modern digital banking solutions for regional thrift banks.