Infosys Finacle has partnered with the Philippines-based Producers Savings Bank Corporation (Producers Bank) to modernize its technology landscape. Producers Bank will upgrade to the latest version of Finacle Core Banking Solution and implement the Finacle Origination Solution. This strategic move aims to scale the bank’s lending business for SMEs and retail customers, enhancing operational resilience and accelerating digital service delivery across the archipelago.
Infosys Finacle Selected for Core Banking Modernization
Infosys Finacle, part of EdgeVerve Systems, announced a significant partnership with Producers Savings Bank Corporation (Producers Bank), a leading rural and thrift bank in the Philippines. This collaboration, announced on March 25, 2026, centers on a comprehensive modernization of the bank’s technology infrastructure.
Producers Bank will upgrade to the latest version of the Finacle Core Banking Solution. Furthermore, the bank will implement the Finacle Origination Solution specifically to accelerate the growth of its lending portfolio targeting Small and Medium Enterprises (SMEs) and retail clients.
Key Benefits and Digital Scaling
The upgrade is designed to strengthen the bank’s digital foundation, boost operational resilience, and enable faster, more personalized services. A major focus is scaling lending operations through a fully digital loan management platform, which includes automated onboarding and faster turnaround times.
A crucial feature of the new Finacle platform is its comprehensive API suite. This suite will facilitate seamless integration with the broader fintech ecosystem, ensuring quicker rollout of new offerings aimed at supporting financial inclusion for underbanked and unbanked communities.
Executive Commentary
Andres M. Cornejo, Vice-Chairman and CEO of Producers Bank, highlighted the importance of this modernization, especially as the institution celebrates 30 years. He noted the decade-long relationship with Finacle and expressed excitement about unlocking new possibilities for real-time banking and scaling lending confidently.
Sajit Vijayakumar, CEO of Infosys Finacle, welcomed the expansion of the partnership. He stated that Finacle’s solutions position Producers Bank to capitalize on market opportunities, accelerate growth, and reinforce its standing as a leading thrift bank in the rapidly digitizing Philippine sector.
About the Partners
Producers Bank
Producers Bank is committed to advancing financial inclusion in the Philippines, serving individuals, MSMEs, and farmers through a strong branch network and growing digital footprint. The institution emphasizes reliable, customer-centric banking services powered by modern technology.
About Finacle
Finacle is an industry leader in digital banking solutions offered by EdgeVerve Systems, a subsidiary of Infosys. Finacle’s cloud-native suite helps financial institutions transform operations, addressing core banking, lending, payments, wealth management, and analytics requirements for clients in over 100 countries.
Source: BSE
