Philtrust Bank, Infrasoft Technologies ink deal for next‑gen core banking, digital transformation
Philtrust Bank has entered into a strategic partnership with Infrasoft Technologies Pte. Ltd., a leading provider of digital banking and financial technology solutions, to implement a new core banking system and introduce advanced digital and mobile banking platforms.
Philtrust Bank’s Chairman (Ret.) Gen. Hermogenes C. Esperon said the partnership marks a major milestone in the bank’s commitment to deliver innovative, secure, and customer-centric banking services.
Dr. Jaime C. Laya, Philtrust Bank President, said: “This initiative underscores our dedication to modernizing our banking infrastructure and meeting the evolving needs of our customers. Partnering with Infrasoft Technologies allows us to leverage world‑class technology to deliver superior digital experiences.”
Esperon said the new core banking system is set to enhance operational efficiency, support faster product rollouts, and establish a solid foundation for the bank’s long‑term growth initiatives.
The launch of modern digital and mobile banking solutions will provide customers with seamless access to financial services anytime, anywhere—offering greater convenience, personalization, and state-of-the-art security features.
“This collaboration with Infrasoft Technologies reflects our vision to future‑proof Philtrust Bank and ensures that we remain competitive in a rapidly evolving financial landscape. By investing in advanced technology, we are reinforcing our commitment to our customers and stakeholders for long‑term growth and sustainability,” Esperon said, as he underscored the strategic value of the initiative.
“We are proud to support Philtrust Bank in its digital transformation journey. Our solutions are designed to help banks stay competitive and future‑ready in an increasingly digital financial ecosystem,” said Mr. Amit Sharma, president of Infrasoft Technologies.
The implementation of the new systems will be carried out in phases over the coming months to ensure a smooth and efficient transition for both customers and bank personnel.