Open Banking, Partnership Announcements
Jack Henry, Finicity Partner to Empower Community Financial Institutions with Open Banking Capabilities
Jack Henry & Associates, Inc. and Finicity, A Mastercard Company have partnered together to provide a direct integration to the Banno Digital Platform. The agreement enables community financial institutions to provide consumers with the freedom to control, access, and share their financial data, creating a real-time picture of their financial health.
Speaking of the agreement, Steve Smith, Head of Global Open Banking at Mastercard and CEO of Finicity said, “Finicity and Jack Henry share a goal of providing the industry with open banking standards that enable consumers to access, use, and benefit from their financial data. As highly regulated and highly connected companies, we’re in a position to help consumers make more informed financial decisions and improve their financial health.”