December 15, 2022 — Infinant, a leading embedded finance company that licenses a modern technology stack directly to banks, is pleased to announce that we have been approved and accepted into the Jack Henry Vendor Integration Program to work directly with Jack Henry banks, including integration to the jXchange middle-tier to support Jack Henry cores for the community banking market.
The Interlace platform provides the cloud-native infrastructure to power community bank’s BaaS and embedded finance programs. Our interlace platform provides direct connections to financial institution’s back-end systems of record, such as the Silverlake core or can be deployed using the interlace virtual account system and provide end-of-day settlement to the JJHA core systems.
We are excited about the Jack Henry partnership and the ability to support our JHA community banks. Infinant provides an alternative to the BaaS middlemen that outsource the technology, customer relationships, data and compliance. Our banks are able to have full control over their customer relationships, transparency into all customer and account data and gain economic benefits of removing the BaaS provider middleman.
“Our continued focus on the community banking market drives our passion to ensure that all banks have the ability to control their embedded banking future. This is a key milestone for the market and Infinant,” says Riaz Syed, CEO and founder of Infinant.
The Jack Henry Vendor Integration Program follows the Infinant announcement of their banking-as-a-service offering partnership with FIS. Infinant continues to power banks of all sizes with a legacy-independent approach. Infinant’s interlace platform allows banks to run their brand programs direct-to-core or above-the-core with the interlace virtual account and ledger system.
Charlotte, N.C.-based Infinant provides the technology chassis and power tools for banks to embed fintech in their applications and embed banking in partner applications with confidence and ease. The interlace platform differentiates by giving banks choice in their selection of features, fintech and processors for complete ownership of their ecosystem, so they can succeed with their customers, fintech and brands. To learn more about staying above-the-core, visit www.infinant.com.