CTO / CDO at Jack Henry & Associates (NASDAQ:JKHY), a leading SaaS provider of technology solutions for the financial services industry.
The S&P 500 company serves approximately 8,500 clients nationwide. It provides human-centered, tech-forward, and insight-driven solutions that empower community and regional financial institutions to compete with megabanks and bigtech. Additional information is available at www.jackhenry.com.
Many consumers now have relationships with between 30 and 40 financial service providers — the majority of which are unchartered. That fragmentation creates complexity for the consumer and compromises financial health. It also presents financial institutions with an opportunity to achieve first-app status by aggregating all of their consumers' third-party providers and simplifying money management. To do that, financial institutions must be fully connected into the open banking ecosystem by way of safe, secure, reliable connections to third-parties.7 January 2022