Atomic Collaboration with Jack Henry
Atomic, the market-leading provider of payroll connectivity, announced its collaboration with Jack Henry to unlock a digital banking evolution for banks and credit unions.
The collaboration of Atomic with Jack Henry will mark the launch of its direct deposit setup and switching solution, Deposit. The Deposit which is now available via Jack’s Henry digital banking platform.
Atomic integrated its technology into the digital experiences provided by the community and regional financial institutions using the Digital ToolkitTM. The same set of APIs that powers the Banno Digital PlatformTM. Atomic was able to directly integrate into the digital banking platform. Thanks to access to Jack Henry’s API, design, and authenticated frameworks. This integration adds to Jack Henry’s growing ecosystem of over 850 fintech firms. Which provides relevant financial products and services to approximately 8,000 financial institutions’ account holders.
Atomic launched a soft launch of its Deposit plugin on the Jack Henry digital banking platform in July 2022, giving Banno users access to the market’s first direct deposit switch and set-up solution. Financial institutions can use Atomic’s Deposit solution to enable their customers to digitally set up and switch direct deposits to fund accounts held with them.
With Atomic’s Deposit solution active on the Jack Henry digital banking platform. Existing Banno customers can quickly install and activate the Deposit plugin in their bank’s mobile app.
This collaboration is a great example of conjoined fintech. That creates stronger wins and greater opportunities for financial institutions of all sizes, fostering a more competitive landscape.
“We aim to help marginalized and underserved consumers,” said Jordan Wright, Co-founder and CEO at Atomic. “In the same way, we strive to help financial institutions of every asset size differentiate and excel–often the regional and community banks are among the hardest to serve underrepresented populations. By partnering, customers are empowered to unlock direct access to account funding streams without needing to invest in modern technological infrastructure or build in-house APIs and integrations required to launch competitive, cutting-edge financial solutions. We’re thrilled about this integration with Jack Henry and the Banno digital banking platform.”
About Jack Henry & Associates, Inc.
Jack HenryTM is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve.
Atomic is the market-leading provider of payroll connectivity, trusted by over 160 financial institutions, fintech firms, and partners, including 13 of the largest fintech apps, as well as financial firms offering digital-first neobanks, alternative lending, crypto exchanges, and digital brokerages.