Gateway Mortgage Group has selected FIS to power Gateway First Bank, its new direct-to-consumer digital bank that is expected to launch in the middle of this year.
FIS will offer the digital bank its core banking platform.
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The vendor said that its platform will enable the digital bank to provide a range of responsive and tailored digital services.
The digital lender will also leverage the vendor’s online account origination platform based on the FIS Digital One omnichannel platform.
According to the vendor, the origination solution will enable customers to manage their accounts through mobile as well as laptop devices.
Commenting on the partnership, Gateway Mortgage Group CEO Stephen Curry said: “As we planned for the launch of Gateway First Bank, we selected a partner with deep experience and scale in digital banking.
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By GlobalData“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.”
Gateway Mortgage Group is a mortgage origination and servicing company headquartered in Oklahoma.
It has more than 160 offices and a staff headcount of over 1,100.
The business, which manages $18bn in residential mortgages, plans to snap up Oklahoma-based Farmers Exchange Bank.
