MphasiS Limited — Updates, 01-08-2025: Press Release

Mphasis has been named Flagstar Bank's technology modernization partner, a significant milestone in their collaboration. This includes establishing Flagstar's world-class data center facility to support its critical infrastructure and future growth. Mphasis's financial services tech expertise will enable Flagstar to enhance security, improve operational controls, achieve cost efficiencies by retiring legacy systems, and strengthen risk management. This strategic partnership highlights Mphasis's role in driving secure, agile, and scalable technology solutions, positioning it for continued growth in the financial services sector.