CORA Group Acquires Finastra’s Phoenix Core System, Malauzai Digital Banking and Fusion Analytics Businesses
AI Summary
CORA Group, part of Constellation Software, has snapped up Finastra’s U.S. mid-market banking operations, including the Phoenix Core Banking System, Malauzai digital banking, and Fusion Analytics. This acquisition aims to enhance CORA Group’s portfolio with advanced banking solutions and analytics. It’s a significant move as it allows CORA to expand its service offerings to a broader customer base, likely driving innovation in the banking sector and potentially setting new standards for digital banking solutions.
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