Mphasis and Flagstar Bank Mark Major Milestone by Completing First Phase of Modernizing the Bank's Technology Infrastructure

One year of collaboration delivers a next‑generation data‑center and cloud platform, strengthened operational resilience, and improved performance NEW YORK, March 30, 2026 /PRNewswire/ -- Mphasis (BSE: 526299; NSE: MPHASIS), a global AI‑led, platform‑driven technology solutions provider, today announced the successful completion of a major technology modernization program with Flagstar Bank, N.A. (NYSE: FLG) (the "Bank"), marking one year of the successful collaboration between the two organizations.