- Gateway Mortgage Group selects FIS to power new direct-to-consumer
Gateway First Bank.
FIS will provide modern core banking solution as well as advanced
online account origination platform to help the bank grow its accounts
and deposits nationwide.
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Mar. 14, 2019--
(NYSE:FIS), a global leader in financial services technology, announced
today that it has been selected by Gateway Mortgage Group, LLC to
provide the modern core banking platform to power its new digital bank,
Gateway First Bank.
A leading mortgage company licensed in 40 states and the District of
Columbia, Gateway Mortgage Group will acquire Oklahoma-based Farmers
Exchange Bank as part of its evolution to a diversified regional banking
model serving both commercial and consumer clients.
With a goal to grow its accounts and deposits nationwide, Gateway
Mortgage Group is planning in mid-2019 to launch Gateway First Bank, its
full-service, direct-to-consumer digital bank. The group chose FIS to
deliver a modern core banking solution, including an advanced Online
Account Origination system based on the next-generation FIS Digital One™
“As we planned for the launch of Gateway First Bank, we selected a
partner with deep experience and scale in digital banking,” said Stephen
Curry, Gateway Mortgage Group CEO. “I have worked with FIS in the past,
and their platform will give us the modern functionality and digital
services we need to attract and serve customers around the country.”
Built on an open, component-based architecture, the new FIS platform
will enable Gateway First Bank to provide a full set of responsive,
personalized digital services to its customers. The Digital One Online
Account Origination solution will allow customers to open and manage
their accounts via mobile and laptop devices.
“We are excited to welcome Gateway First Bank as a new FIS client,” said
Bruce Lowthers, chief operating officer, Integrated Financial Solutions,
FIS. “FIS technology supports many of the leading direct-to-consumer
banks in the market around the world. We look forward to helping Gateway
First Bank take advantage of the power of digital banking to expand its
customer base and meet its growth goals.”
FIS is a global leader in financial services technology, with a focus on
retail and institutional banking, payments, asset and wealth management,
risk and compliance, and outsourcing solutions. Through the depth and
breadth of our solutions portfolio, global capabilities and domain
expertise, FIS serves more than 20,000 clients in over 130 countries.
Headquartered in Jacksonville, Fla., FIS employs more than 47,000 people
worldwide and holds leadership positions in payment processing,
financial software and banking solutions. Providing software, services
and outsourcing of the technology that empowers the financial world, FIS
is a Fortune 500 company and is a member of Standard & Poor’s 500®
Index. For more information about FIS, visit https://www.fisglobal.com/.
Follow FIS on Facebook (facebook.com/FIStoday),
and Twitter (@FISGlobal).
About Gateway Mortgage Group, LLC.
Gateway is one of the largest privately held mortgage origination and
servicing companies in the United States. Established in 2000 and
headquartered in Jenks, Oklahoma, the company employs more than 1,100
team members in over 160 offices nationwide and currently services $18
billion in residential mortgages. For more information about Gateway,
Gateway Mortgage Group, LLC (NMLS 7233).
Follow Gateway Mortgage Group on Facebook
(facebook.com/GatewayMortgageGroup), LinkedIn (linkedin.com/company/gateway-mortgage-group)
and Twitter (twitter.com/gatewayloan).
View source version on businesswire.com: https://www.businesswire.com/news/home/20190314005097/en/
Source: Fidelity National Information Services
Kim Snider, 904.438.6278
Senior Vice President
Marketing and Communications