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.

Introduction

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 Henry^TM is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve.

Website  | Twitter

About Atomic

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.

Website  | Linkedin

SOURCE

https://www.businesswire.com/news/home/20221201005373/en/Atomic-collaborates-with-Jack-Henry-to-unlock-a-digital-banking-evolution-for-banks-and-credit-unions

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Atomic introduces EmployerLink to support connectivity for an employer and human resource administrative system.

By offering broader integration options, Atomic aims to give customers the most comprehensive coverage, faster time from integration to go-live, and a vastly improved product experience when it comes to connecting with these HR systems.

Introduction

The addition of EmployerLink makes Atomic the first to market with payroll connectivity integrations and authentications for both consumers and businesses to permit access to financial data in payroll systems and human resource platforms. These two solutions – working in tandem – represent a critical evolution to Atomic’s business that will allow the company to better service its existing customer base while also expanding the total addressable market. Atomic’s EmployerLink solutions will initially support use cases for worker’s compensation insurance, earned wage access (EWA), and employer benefits.

Atomic is working with a cohort of companies, including the aforementioned Seedwell, that are leveraging the EmployerLink suite to launch innovative new solutions in the coming months. The move by Atomic has already been embraced by many Atomic customers that are finding new opportunities to expand their businesses through this extended connectivity.

Management Quote

“We’re excited to work with Atomic to advance our commitment to developing best-in-class employee financial wellness benefits,” noted Swetha Kulandaivelan, Product Manager at Seedwell. “Atomic’s EmployerLink suite enables us to provide a frictionless experience for our clients, further powering Seedwell to lead in personal finance automation and wealth building for employees.”

“Atomic is well positioned to tackle this expanded market, given our unique technological advantages, trust and customer traction, proven ability to scale, and team’s financial services industry expertise,” noted Jordan Wright, CEO and Co-founder at Atomic. “By initially focusing on fintech companies and neobanks with mass customer bases, we were able to capture significant volume and prove our technology’s ability to scale.”

The announcement comes on the heels of a banner year for customer traction in which the company has grown to support over 160 customers and partners, including leading fintech brands Propel, Dave, and Coinbase, financial technology partners including Jack Henry, Hydrogen, and MX, and financial institutions including Keystone Community Bank and Cornerstone Community Credit Union, among others.

About Atomic

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 offering a digital-first neobank, alternative lending, crypto exchanges, and digital brokerages. Atomic’s payroll integrations provide the infrastructure to connect consumers to their financial data, automate set-up and updates to direct deposits, digitize income and employment verifications, repay financial obligations from their paycheck, access earned but unpaid wages, and tap tax filing advantages, as well as supporting financial wellness benefits through its new EmployerLink solutions.

Atomic simplifies complicated payroll and human resource platform integrations with a suite of API solutions that covers over 480 unique payroll connections, including incumbent payroll providers, bespoke enterprise solutions, modern HR tech providers, gig-economy platforms and government systems.

Website | Linkedin

SOURCE

https://www.businesswire.com/news/home/20221116005296/en/Payroll-connectivity-leader-Atomic-adds-EmployerLink-solutions-and-expands-coverage-to-broader-employer-and-human-resource-systems

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Atomic is delighted to announce its partnership with Aise. Which provides employers with the opportunity to offer automated financial wellness as a benefit to employees.

Overview of Aise

An employee-focused company, Aise’s strategy centers around providing users with financial certainty. Aise pays employees’ bills and financial obligations automatically and directly from payroll. Thus allowing employees to see their true discretionary income on payday as all of their recurring payments are deducted from their paychecks. Through Aise’s automated system, employees gain a complete picture of their finances, helping them pay down their debts, save for the future, and live an overall healthier financial life.

In the process, Aise’s offering also allows employees to stay ahead of financial obligations and maintain their financial health and integrity, thereby widening the scope of financial services and opportunities they become qualified to access. Because Aise’s solution is offered through employers as a benefit, employees don’t pay for use of the service. Aise’s work with Atomic is pivotal to supporting both employees and employers nationwide.

Management Quote

“What sold us on Atomic was their ability to strategize and pivot along with us when the path forward wasn’t immediately apparent. It wasn’t so much about closing the deal, but closing the right deal,” says Patrick Tully, CEO of Aise.

“We also valued Atomic’s honesty and transparency throughout the entire process,” adds Robert Kirschenheiter, COO of Aise.

Offering a suite of payroll connectivity APIs, Atomic–the first to market its direct deposit solution, called Deposit–was eager to partner with Aise even more so given the companies’ shared common missions: to enhance the financial lives of their users. In particular, Aise’s tagline, improving physical health through financial certainty, underpins the belief that healthy finances lend a natural pathway to healthy living.

“Partnering with the incredible team at Aise is one more way we are strengthening our mission to better serve marginalized and underserved consumers. We’re confident that by joining forces, Aise and Atomic can make an immense difference in our financial ecosystem and offer powerful tools to better the outcomes for and futures of these populations,” says Jordan Wright, CEO and co-founder of Atomic.

Vision and Mission of Two Projects

Specifically, Aise has signed on to benefit from two of Atomic’s popular solutions: Paylink and Verify. Atomic’s Paylink solution will enable Aise to achieve its goal of paying employee bills. Leveraging its Paylink capabilities. Atomic will pull money from users’ paychecks to enable Aise to pay bills on their users’ behalf. With Atomic’s Verify API, Aise will pull income information into its application, monitor accounts, and populate a virtual paystub for each employee–all with employee permission.

With two companies working in alignment toward a common vision and mission. The advent of their innovations set to serve consumers’ financial interests in the best way possible. The outlook for consumers is looking brighter and more promising today than ever before.

About Aise

Aise is a financial wellness employee benefit company focused on automating employee bill pay through payroll.

Website | Twitter 

About Atomic

Atomic is the market leading provider of payroll connectivity. Trusted by over 125 financial institutions, fintech firms and partners, including 12 of the largest fintech apps. Offering a digital-first neobank, alternative lending, crypto exchanges, and digital brokerages. Atomic’s payroll integrations provide the infrastructure to connect consumers to their financial data. Automate set-up and updating of direct deposits, digitize income and employment verifications. Repay financial obligations from their paycheck, access earned but unpaid wages, and tap tax filing advantages.

Website | Linkedin

SOURCE

https://www.businesswire.com/news/home/20220921005059/en/Atomic-and-Aise-Partner-to-Further-Improve-Financial-Health-for-Employees

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