“Can Hawaii's oldest and largest bank sustain deposit share and fee revenue by bundling modern fintech services — payroll, merchant acquiring, FX, and retirement — with its legacy branch network?”
First Hawaiian Bank is Hawaii's oldest and largest bank, operating as a traditional community and regional bank with a full suite of consumer and business banking services. The bank has modernized its digital infrastructure over time, partnering with vendors such as MX for data aggregation and ADP/Dayforce for payroll services offered to business customers. Its embedded finance posture is that of a bank offering fintech-adjacent services to its SMB and commercial clients rather than operating as a BaaS provider.
First Hawaiian Bank connects to bank accounts through MX.
First Hawaiian Bank's payroll is powered by ADP.
First Hawaiian Bank integrates with QuickBooks and Quicken.
The Embedded Finance Index 2026 maps 6 layers in First Hawaiian Bank's stack: Lending (Business FirstLine (revolving line of credit, $5k–$75k), Business FirstTerm Loan ($2.5k–$75k), SBA Export Loans (Export Express, EWCP), Business Credit Cards and 2 others); Payroll (ADP); Open banking (MX); Accounting (QuickBooks and Quicken); Spend / AP (CentreSuite); Transaction enrichment (MX).
First Hawaiian Bank is founded in 1858 and headquartered in Honolulu, Hawaii, USA.
Get a read on where your own stack stands against First Hawaiian Bank and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.