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Finovifi Closes 51 Contracts Worth $3.5 Million in Q2 2025

Read Time 1 mins | Written by: Karly Field

Birmingham, AL – July 7, 2025 – Finovifi, the fintech partner to community banks and credit unions, today announced that it secured 51 new customer contracts in the second quarter of 2025, representing $3.5 million in total contract value (TCV).

“Community institutions are proving that modern technology and personal service are not mutually exclusive,” said David Brasfield, CEO of Finovifi. “Our momentum this quarter shows that bankers want a partner who can help them break free from legacy cores, fight fraud more effectively, and stay ahead of compliance demands—all without sacrificing the high-touch support their customers expect.”

Q2 2025 – Top Wins

  • First State Bank of DeKalb County – Service Bureau Core Processing
  • Exchange State Bank – Service Bureau Core Processing
  • State Bank of Easton – Service Bureau Core Processing

Finovifi signed 48 additional Q2 agreements spanning its broader portfolio. FraudXchange topped the list with 10 new contracts, CardGuard followed with 7, and FraudSentry added 6 more banks. SilverSafe and ComplyPilot each secured four deals, while the balance comprised targeted wins for RiskPilot, Total Teller, a digital-banking rollout, several upgrade and training engagements, and nine smaller one-off projects—evidence that demand for Finovifi’s fraud, compliance, and value-add services is accelerating on multiple fronts.

Finovifi’s Q2 success follows the January integration of Modern Banking Systems’ core platform and underscores growing market demand for cloud-delivered core processing, AI-powered fraud prevention, and automated compliance tools purpose-built for community institutions.

About Finovifi

Finovifi equips community banks and credit unions with modern core processing, fraud prevention, and compliance automation solutions. Headquartered in Birmingham, Alabama, Finovifi pairs enterprise-grade technology with the industry’s most responsive service, enabling customers to thrive in today’s digital marketplace. Learn more at finovifi.com.