VIP enables Finzly to integrate with Jack Henry Silverlake. Using this integration, banks can expedite their entry to the market by leveraging modern products such as instant payments, FX, and payment hub on a futureproof platform.
Finzly, a pioneer in banking and payments technology and a trusted Third Party Service Provider of ACH, Fedwire, RTP and FedNow, announced that it has joined the Jack Henry Vendor Integration Program (VIP). Participation in the program will provide Finzly with access to Jack Henry’s technical resources to enable FinzlyOS platform to integrate with Jack Henry’s Silverlake core. The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.
FinzlyOS integrates with Jack Henry’s Silverlake core via jXchange™, a services-based programming interface that enables third-party vendors and banks to access the platform’s core data and business rules. The integrity of data is maintained throughout any data exchange, because access to business rules and data is managed through a service layer which governs these interactions.
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FinzlyOS serves as a parallel payment core for banks that want to modernize their ACH, domestic and international wires, or incorporate instant payments through FedNow and RTP, without disrupting their core. This modern, cloud-based platform offers real-time capabilities and direct connections to the Fed and TCH, accelerating the implementation process and improving efficiency by processing payments through a centralized payment hub with one API access to all payment rails. By integrating Finzly’s payment experience into their digital banking channels, banks can provide a seamless, rail-agnostic payment experience.
“With Finzly’s pre-integrations to Jack Henry’s Silverlake core, banks can expedite their entry to the market by leveraging modern products such as instant payments, Foreign Exchange(FX), and payment hub on a futureproof platform,” emphasized Aarthie Ramachandran, Chief Operating Officer of Finzly, highlighting the significant advantage of quick and seamless adoption enabled by their solution.
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“Working with the Jack Henry team was a pleasure, and integrating their APIs was a smooth process. We’re thrilled to be part of their ecosystem and offer our integrated product to banks that use the Silverlake core,” commented Ashok Jothikrishnan, Director of Platform Integrations at Finzly.
Jack Henry’s VIP takes the customer out of the middle, providing vendors with direct access to Jack Henry’s technical resources and test systems. VIP inclusion is not an endorsement of the vendor’s product.
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