Mphasis Ltd.

BSE: 526299 | NSE: MPHASIS
Mid Cap | IT - Software
2886.80
95.80 (3.43%)
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Mphasis enters into partnership with Flagstar Bank

Date: 01-08-2025

Mphasis has entered into partnership with Flagstar Bank: the setup and inauguration of Flagstar’s world-class data center facility that support the bank’s critical infrastructure and future growth. Flagstar is progressing through an 18-month transformation to become a top U.S. regional bank, and its data center strategy marks a significant foundational milestone on that journey

Flagstar’s partnership with Mphasis modernizes its technology -- enhancing security, improving operational controls, and positioning the organization for future growth. Mphasis’ deep expertise in financial services technology modernization and operational excellence complements Flagstar’s in-house Enterprise Technology and Operations Services capabilities to help the bank achieve its goals. 

Mphasis is a global service provider, delivering technology based solutions across many sectors.