FIN enables Stablecore to integrate with Jack Henry’s bank and credit union core clients and financial institutions on the Banno Digital Platform™
DALLAS--(BUSINESS WIRE)--Stablecore, the digital asset core for banks and credit unions, announced today that it has joined the Jack Henry™ Fintech Integration Network (FIN). This strategic milestone enables Jack Henry's approximately 1,670 bank and credit union core clients, as well as the more than 1,000 financial institutions on the Banno Digital Platform™, to deploy institutional-grade, fully-compliant digital asset products directly within their existing core ecosystems.
Through this integration, Stablecore will be able to provide secure, direct connectivity to the SilverLake System® via jXchange™ and Symitar® via SymXchange™, enabling a seamless digital asset experience within the Banno Digital Platform™ and other leading digital banking platforms without requiring institutions to change their underlying core technology. These integrations maintain data integrity by managing access through a service layer that governs all interactions, ensuring consistent and compliant data exchange across platforms.
By leveraging Stablecore through the Jack Henry FIN, banks and credit unions can now offer:
- Stablecoin Accounts, Payments and Acceptance: Facilitate 24/7/365, instant, GENIUS-compliant stablecoin rails alongside existing payment options
- Digital Asset Accounts with On and Off Ramps: Drive greater deposits with digital asset accounts (e.g., Bitcoin) and seamless on and off ramps directly inside existing digital banking experiences
- Digital Asset-Collateralized Lending: Unlock new high yield loan opportunities through digital asset-based loans
- Tokenized Deposits and Assets: Tokenize deposits and support the growing ecosystem of other tokenized assets such as treasuries, loans, securities
- Staking Rewards: Enable clients with eligible assets (e.g., ETH, SOL) to earn staking yield on their holdings
“Banks and credit unions recognize that stablecoins and tokenized assets are the next major evolution of financial services, but they need a bridge that is compatible with their existing core banking, digital banking and other banking-specific technology and workflows,” said Alex Treece, co-founder and CEO of Stablecore. “By joining the Jack Henry FIN, we are providing that bridge to allow these institutions to deliver the benefits of digital assets within the existing core and digital banking platforms they already trust.”
Prior to joining FIN, Stablecore was a part of the Jack Henry Vendor Integration Program (VIP). Jack Henry’s FIN, a successor to VIP, provides fintechs with direct access to Jack Henry’s technical resources and test systems. FIN inclusion is not an endorsement of the fintech’s product.
To learn more about Stablecore, visit www.stablecore.com.
About Stablecore
Stablecore is a digital asset core enabling banks and credit unions to offer stablecoins, tokenized deposits and other digital asset products. Stablecore allows financial institutions to offer these products by unifying the critical components into a single offering that easily integrates with banking cores, digital banking and the existing banking technology stacks. Stablecore is backed by leaders in banking and digital assets, including Norwest, BankTech Ventures, Curql, EJF Ventures and Bankers Helping Bankers Fund. Learn more at www.stablecore.com.
About Jack Henry & Associates, Inc.®
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens 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 – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For nearly 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,400 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.
Contacts
Media Contact:
Angie Lufrano
stablecore@calibercorporateadvisers.com