Cognizant and Flagstar Bank Mark One-Year Strategic Partnership to Drive Technology Transformation

Reuters01:02

Cognizant and Flagstar Bank Mark One-Year Strategic Partnership to Drive Technology Transformation

Cognizant Technology Solutions Corporation and Flagstar Bank, N.A. have marked the successful completion of their first year as strategic partners, advancing Flagstar’s multi-year technology transformation initiative, "Simple, Sophisticated" (S2). Through this collaboration, Cognizant has acted as an extension of Flagstar’s Enterprise Technology & Operations team, driving innovation, enhancing client and employee experiences, and streamlining operations across various banking segments. The partnership includes the establishment of co-branded development centers in Hyderabad, India, and Manila, Philippines, and plans to explore an AI Center of Excellence in India. The alliance has resulted in improved efficiency, reduced costs, and increased customer satisfaction for Flagstar.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cognizant Technology Solutions Corporation published the original content used to generate this news brief on January 29, 2026, and is solely responsible for the information contained therein.

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