Apple Bank picks FIS for core banking change
New York-based Apple Bank has selected FIS and its IBS system for its new core banking setup and will be moving to a hosted platform as part of a major transformation program.
According to FIS, the bank wanted to modernise its in-house technology with a new core platform. IBS will be deployed across the institution’s mobile banking, branch and ATM channels.
Apple Bank, which has 79 branches and assets of more than $15 billion, is the second-largest state-chartered savings bank in New York State.
“It’s all about the experience,” says Aditya Kishore, EVP and CTO of Apple Bank. “We chose the FIS IBS core banking platform because it enables us to deliver that consistent, seamless customer experience.”
Rob Lee, head of digital and banking at FIS, adds that the vendor is confident that IBS will provide Apple Bank with a technology platform it needs “to support its growth well into the future”.