Financial industry payment processor Jack Henry has partnered with NYDIG to introduce buy-hold-sell crypto services to Jack Henry business and consumer accounts.
Businesses and consumers began to desire that their financial institutions would provide BTC services. This is the reason behind Jack Henry’s latest partnership. According to an official press release from the company, NYDIG’s solutions will be available for Jack Henry customers via its Banno Digital Platform.
Currently, the platform assists community and regional financial institutions in the United States to provide access to in-demand third-party applications for over 7.1 million users. According to the Head of Banking Solutions at NYDIG, by partnering with Jack Henry, the company was able to find an important access point to Main Street and community banks and credit unions in the US. The two companies seek to bridge access to a wider range of financial solutions for the customers of Jack Henry. The collaboration is another step forward in turning Bitcoin services more accessible for account holders and their financial institutions.
The company representative also believes that, via this partnership, financial institutions can provide services that meet customers’ needs. Both companies think that their collaboration will improve financial health and trust in consumer finance.
According to Jack Henry’s Senior Managing Director of Digital Solutions at Jack Henry, financial institutions must be in the middle of financial transactions, and the partnership with NDYIG is an example of that. The partnership is meant to allow more financial institutions to meet the payment demands we are noticing nowadays.