NYDIG Partners With Jack Henry & Associates To Offer Bitcoin Services To Banks

NYDIG Partners With Jack Henry & Associates To Offer Bitcoin Services To Banks
фото показано с : bitcoinmagazine.com

2022-5-10 20:30

Jack Henry & Associates has partnered with NYDIG to offer bitcoin services to legacy financial institutions in software as a service model.

Jack Henry and Associates has partnered with NYDIG to enable its 7 million bank users access to bitcoin. Jack Henry will use its existing SaaS platform to enable payments to and from NYDIG.This service offers a new revenue stream for banking institutions and credit unions.

Fintech software company Jack Henry & Associates, Inc. (Nasdaq: JKHY) has announced a partnership with bitcoin bank, NYDIG to enable seven million banked customers access to bitcoin, in a press release sent to Bitcoin Magazine.

Many institutions and individuals are holding out on their banks offering bitcoin services due to the fears of overcoming new technology. Business and consumer account holders will be able to utilize NYDIG’s buy-hold-sell capabilities through the Banno Digital Platform serviced by Jack Henry.

The platform will facilitate payments to and from NYDIG over Jack Henry’s network which includes both community and commercial banking institutions reaching over 7.1 million users.

“Jack Henry is a key access point to community financial institutions and Main Street America. Together, we are bridging access to broader financial tools for Jack Henry customers,“ said Rahm McDaniel, head of banking solutions at NYDIG. “This relationship marks an important step toward making bitcoin services more obtainable for both financial institutions and their account holders."

While this service offers a great deal of accessibility to millions of users, Jack Henry also notes this will be a boon to the banking institutions and credit unions themselves. Services offering allocation to bitcoin create a new and interesting form of revenue that is not reliant on interest payments, such as fractionalized investment opportunities. This enables legacy banking infrastructure to participate in the growing economy of today’s consumers.

“It's important for financial institutions to be at the center of financial transactions, and our work with NYDIG is a great example of how we can collaborate to make this a reality,” said Julie Morlan, senior managing director of digital solutions at Jack Henry. “Our relationship with NYDIG helps more banks and credit unions meet today's modern payment demands.” 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

BlackJack (JACK) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 JACK

bitcoin services nydig associates offer henry jack

Источник: bitcoinmagazine.com

bitcoin services → Результатов: 126


Best Bitcoin Tumbler Services – The Most Trusted Bitcoin Blender Services for Privacy

Bitcoin isn’t an inherently private asset/currency. While it has its benefits in terms of simplifying value transfers (especially in cross-border transfers and situations where individuals aren’t given access to “classical” means of financing), the fact of the matter is that Bitcoin still suffers to provide satisfying levels of anonymity.

2023-1-3 15:51


Фото:

El Salvador’s Central Bank Releases Draft Regulations for Bitcoin (BTC) Services

Banco Central de Reserva (BCR), the central bank of El Salvador, has published draft regulations for banks and other financial institutions looking to offer bitcoin-related services.  Draft Regulations for Bitcoin Digital Wallet Services The BCR released the document titled “Guidelines for the Authorization of the Operation of the Digital Wallet Platforms for Bitcoin and Dollars”Read More

2021-8-19 17:00


Bitcoin.com Wallet Customers Must Bid Farewell to Shapeshift Crypto Services

Customers Must Bid Farewell to Shapeshift Services from Their Bitcoin.com Wallets On October 5th, the official Bitcoin website released an annoucement about some changes to their services. The annoucement starts by saying, “This week we wanted to let our wallet users know that we are sunsetting the Shapeshift API in the Bitcoin.com Wallet. The trading […]

2018-10-6 00:01


Фото:

Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]

Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.

2018-10-6 16:37


Фото:

The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real estate sector, the supply chain,.

2018-10-5 03:00


Фото:

Federal Election Committee Asked to Consider Crypto Mining for Political Contributions

OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice.

2018-10-5 23:57


Фото:

Bitpay Phases Out Crypto-Debit Cards for European Cardholders

The global cryptocurrency payment service provider, Bitpay, has announced the company’s loadable cryptocurrency debit card services will no longer work for European customers later this month. Bitpay has emailed all of its European card holding customers and revealed it is in the midst of sunsetting all Bitpay accounts related to the Wave Crest-issued Bitpay card.

2018-10-5 20:05


Фото:

BCH Roundup: Merchant Adoption, Wallet Services, and Hackathons

Another busy week has passed for Bitcoin Cash (BCH) proponents as there continues to be an influx of bitcoin cash adoption, new platforms, and improved infrastructure. Also read: Popular Discussion Board 4chan Now Accepts Cryptocurrencies for Passes Bitcoin Cash (BCH) Market Action Every week there’s an awful lot of developments happening within the BCH ecosystem and […] The post BCH Roundup: Merchant Adoption, Wallet Services, and Hackathons appeared first on Bitcoin News.

2018-10-3 00:55


[Breaking] Indian Exchange Zebpay is Suspending Exchange Operations

India’s first Bitcoin exchange and wallet, Zebpay has announced that it is shutting down today. In an email blaster to all the users and announcements on all their social media, the exchange has announced that they will be suspending services as they are out of ways and ideas to continue providing exchange services in the The post [Breaking] Indian Exchange Zebpay is Suspending Exchange Operations appeared first on ItsBlockchain.

2018-9-28 11:09


[Breaking] Indian Exchange Zebpay is suspending exchange operations

India’s first Bitcoin exchange and wallet, Zebpay has announced that it is shutting down today. In an email blaster to all the users and announcements on all their social media, the exchange has announced that they will be suspending services as they are out of ways and ideas to continue providing exchange services in the The post [Breaking] Indian Exchange Zebpay is suspending exchange operations appeared first on ItsBlockchain.

2018-9-28 11:09


Фото:

AAATrade CryptoExchange Launches Cryptocurrency Trading App for Mobile Devices

In a bid to offer clients more convenient cryptocurrency trading services, CryptoExchange, a digital assets trading platform owned by the AAATrade CySEC-regulated Investment firm, has now launched a beta mobile app to enable bitcoin and altcoin traders do business on the go, according to a Finance Magnates report on September 26, 2018.

2018-9-28 09:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

First UK pension fund invests 3% of assets to Bitcoin

This move may accelerate institutional crypto adoption, influencing global investment strategies and potentially reshaping traditional portfolios. The post First UK pension fund invests 3% of assets to Bitcoin appeared first on Crypto Briefing.

ZachXBT exposes ‘Zopp0’s’ crypto scams with influencer support in market manipulation

In new findings by blockchain analyst ZachXBT, the crypto community faces a new wave of market manipulation schemes allegedly orchestrated by a figure named “Zopp0.” The report reveals how Zopp0, behind projects like SCALE, NTD, TPU, and OPSEC, exploited the influence of high-profile social media personalities to promote unverified projects, masking the lack of technical […]