Climate First Bank (I/O) chooses Finastra as technology partner. Credit: Shutterstock.com.

Climate First Bank (In Organisation) has appointed Finastra as a software solution provider to deliver value-based banking services in the US.

Claimed to be the first green bank in the US, Climate First Bank (I/O) will be investing primariliy in climate-based programmes apart from traditional banking services.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

As part of this partnership, Finastra will offer its complete suite of banking software, including Fusion Phoenix core banking, Fusion Digital, Total lending, and other payment and analytic solutions.

Climate Bank is slated to be launched as a full-service community bank in the spring this year.

Climate First Bank (I/O) chairman and CEO Ken LaRoe said:

“We evaluate our vendors through an ESG (Environmental, Social, and Governance) lens, and Finastra stood out for its clear and tangible commitment to redefining finance for good.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Its open platform approach and cloud delivery model ensures we will remain at the forefront of technology as we carry out our mission.”

Finastra said that its FusionFabric.cloud developer platform and Fusion Phoenix core banking system are developed entirely on Microsoft technology, with open API architecture.

Ahead of its launch, Climate First has already forged partnership with Allied Payment Network. This payment app services will be operational through Finastra’s FusionFabric.cloud store and Fusion Digital Banking.

Finastra SVP and GM of Americas field operations Chris Zingo added: “Climate First’s mission to fight the global climate crisis is crucially important and Finastra is honoured to work with the bank to further this important cause.”

Finastra’s digital banking solutions are used by various banks including United Arab Bank, Seattle Bank, Leumi UK, Tonic Finacials, Peoples Community Bank US, among others.