Merchant’s PACT Collaborates with Jack Henry to Integrate Merchant Processing into Digital Banking, Modernizing Merchant Services Programs for Regional and Community Financial Institutions

LOUISVILLE, Ky.–(BUSINESS WIRE)–Merchant’s PACT, a fintech payments company that analyzes and streamlines merchant services and account holder data through central and digital platform integrations, announced that MPACT Offers is now accessible through the platform. digital Banno by Jack Henry.

Merchant PACT leveraged Banno digital toolkitSM, the same set of APIs on which the Banno Digital Banking platform is based, to integrate their technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry’s API, design and authenticated frameworks enabled Merchant’s PACT to integrate directly into the digital banking platform and core, providing a seamless banking experience for financial institutions and to their business and SME account holders. This integration contributes to Jack Henry’s growing ecosystem of over 850 fintechs, providing approximately 8,000 financial institutions with relevant financial products and services for their account holders.

Integrating merchant services with digital and corporate banking like never before, MPACT offerings deliver seamless communications and enhanced functionality for the nearly 7.9 million account holders with the Banno digital platform by delivering content from dynamic and targeted merchant processing directly to account holders.

“MPACT Offers expands the usability of our digital bank and strengthens our ability to be a ‘one stop shop’ for our professional customers,” said Patsy Templeton, Senior Vice President Group Operations at Craft Bank at 2020 Denovo Bank.

MPACT Offers is powered by Merchant’s open PACT platform, MPACT Hub, which hosts a suite of SaaS solutions to streamline core and digital banking integrations, wallet data, lead generation insights, marketing assets and training tools for financial institutions.

“These SaaS solutions provide powerful insights and competitive advantages to financial institutions looking to serve and grow their base of commercial and SMB account holders,” said Ashley Noland, Chief Commercial Officer at Merchant’s PACT.

Modernize payment offerings for business and SMB customers, increase deposits and non-interest revenue, and reduce disintermediation by accessing Merchant’s turnkey PACT solutions. Click here to learn more or schedule a demo today.

About Jack Henry

Jack Henry (NASDAQ: JKHY) is a comprehensive financial technology company that strengthens the connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user-centricity – providing banks and credit unions with a dynamic ecosystem of modern, in-house developed capabilities as well as the ability to integrate with leading financial technologies. For more than 45 years, Jack Henry has provided technology solutions that enable clients to innovate faster, strategically differentiate and compete successfully while meeting the changing needs of their account holders. We empower approximately 8,000 clients with innovative, people-inspired solutions, personalized service, and insight-driven solutions that help reduce barriers to financial health. Additional information is available at www.jackhenry.com.

Trader’s PACT

Merchant’s PACT is a fintech, payment program management and advisory company that analyzes and streamlines merchant services and account holder data through central and digital platform integrations. Merchant’s PACT provides payment software and solutions to financial institutions through an open platform to modernize their payment offerings for SMBs and commercial customers, prevent disintermediation by fintech payment providers and Tier 1 competitors, and integrating merchant services into digital and commercial banking like never before in the financial industry. service industry. For more information, visit: https://www.merchantspact.com.

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