Arrangement will expand accountholders access to bitcoin capabilities
Many consumers and businesses are looking to their financial institutions to provide bitcoin services, which this relationship will solve. Consumer and business accounts will be able to access NYDIG's buy-hold-sell capabilities through the Banno Digital Platform™, with JHA PayCenter™ facilitating payments to and from NYDIG over the RTP® network. Jack Henry's digital banking platform currently supports regional and community financial institutions in the
Banks and credit unions can benefit from the opportunities cryptocurrency presents, such as opening a new and significant non-interest income opportunity, as well as enabling automated savings, wealth-tech, and fractional-investing options for accountholders. This relationship enables financial institutions to offer competitive services that meet the needs of today's consumers and businesses and improve their financial health, further establishing their place as trusted providers in their financial lives.
NYDIG is a bitcoin company powering a more inclusive economic system. Delivering technology and financial services to businesses in a broad range of industries, its full-stack bitcoin platform is built to the highest security, regulatory, and operational standards. NYDIG is the gateway to a new era of financial products that make bitcoin more accessible for all. Learn more at nydig.com, or connect on LinkedIn and Twitter.
Jack Henry (NASDAQ:JKHY) is a leading SaaS provider of technology solutions primarily for the financial services industry. We are an S&P 500 company that serves approximately 8,000 clients nationwide through three divisions: Jack Henry Banking® provides innovative solutions to community and regional banks; Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in future-ready digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its
View original content to download multimedia:https://www.prnewswire.com/news-releases/jack-henry-and-nydig-to-offer-bitcoin-services-to-financial-institutions-301543605.html
Company: Jack Henry & Associates, Inc., 663 Highway 60, P.O. Box 807, Monett, MO 65708 Analyst Contact: Vance Sherard, CFA,, Sr. Director - Corporate Development & Investor Relations, (417) 235-6652, Press Contact: Mark Folk: Sr. Manager Corporate Comm, (704) 890-5323