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Chimney Collaborates with Jack Henry to Revolutionize How Financial Institutions Engage with Homeowners

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Chimney, a fintech company, has announced that its product suite, including Chimney Home, is now accessible through Jack Henry's digital banking platform. This integration allows community and regional financial institutions to provide homeowners with tools, data, and insights to manage their homes within their banking apps. The collaboration leverages Jack Henry's API framework, contributing to its ecosystem of over 1,000 fintechs serving approximately 7,500 financial institutions.

Chimney Home offers homeowners actionable advice on home value, equity, borrowing power, and pre-qualified offers. Financial Plus Credit Union is implementing Chimney's tools to empower homeowners with personalized financial insights and enhance their digital banking experience. This integration aims to help financial institutions better engage homeowners with proactive product offers in the growing home equity market.

Chimney, un'azienda fintech, ha annunciato che la sua suite di prodotti, inclusa Chimney Home, è ora accessibile attraverso la piattaforma di banking digitale di Jack Henry. Questa integrazione consente alle istituzioni finanziarie comunitarie e regionali di fornire ai proprietari di case strumenti, dati e approfondimenti per gestire le loro abitazioni all'interno delle app bancarie. La collaborazione sfrutta il framework API di Jack Henry, contribuendo al suo ecosistema di oltre 1.000 fintechs che servono circa 7.500 istituzioni finanziarie.

Chimney Home offre ai proprietari di case consigli pratici sul valore della casa, l'equità, il potere di indebitamento e le offerte pre-qualificate. Financial Plus Credit Union sta implementando gli strumenti di Chimney per fornire ai proprietari di case approfondimenti finanziari personalizzati e migliorare la loro esperienza bancaria digitale. Questa integrazione mira ad aiutare le istituzioni finanziarie a coinvolgere meglio i proprietari di case con offerte proattive di prodotti nel crescente mercato dell'equità abitativa.

Chimney, una empresa fintech, ha anunciado que su suite de productos, incluyendo Chimney Home, ahora es accesible a través de la plataforma de banca digital de Jack Henry. Esta integración permite a las instituciones financieras comunitarias y regionales ofrecer a los propietarios de viviendas herramientas, datos y conocimientos para gestionar sus casas dentro de sus aplicaciones bancarias. La colaboración aprovecha el marco API de Jack Henry, contribuyendo a su ecosistema de más de 1,000 fintechs que sirven a aproximadamente 7,500 instituciones financieras.

Chimney Home ofrece a los propietarios de viviendas consejos prácticos sobre el valor de la vivienda, el capital, el poder de endeudamiento y las ofertas pre-calificadas. Financial Plus Credit Union está implementando las herramientas de Chimney para empoderar a los propietarios con conocimientos financieros personalizados y mejorar su experiencia bancaria digital. Esta integración busca ayudar a las instituciones financieras a involucrar mejor a los propietarios con ofertas de productos proactivas en el creciente mercado de la equidad de la vivienda.

Chimney는 핀테크 회사로서 Chimney Home을 포함한 제품군이 이제 Jack Henry의 디지털 뱅킹 플랫폼을 통해 접근 가능하다고 발표했습니다. 이번 통합은 지역 및 커뮤니티 금융 기관이 주택 소유자에게 자신의 뱅킹 앱 내에서 주택을 관리할 수 있는 도구, 데이터 및 통찰력을 제공할 수 있게 합니다. 협업은 Jack Henry의 API 프레임워크를 활용하여, 약 7,500개의 금융 기관에 서비스를 제공하는 1,000개 이상의 핀테크 생태계에 기여하고 있습니다.

Chimney Home은 주택 소유자에게 주택 가치, 자산, 대출 능력 및 사전 승인된 제안에 대한 실행 가능한 조언을 제공합니다. Financial Plus Credit Union은 Chimney의 도구를 도입하여 주택 소유자에게 개인화된 금융 통찰력을 제공하고 디지털 뱅킹 경험을 향상시킵니다. 이 통합의 목표는 성장하는 주택 자산 시장에서 금융 기관이 주택 소유자와의 실질적인 제품 제안으로 더 잘 연결될 수 있도록 돕는 것입니다.

Chimney, une entreprise fintech, a annoncé que sa suite de produits, y compris Chimney Home, est désormais accessible via la plateforme bancaire numérique de Jack Henry. Cette intégration permet aux institutions financières communautaires et régionales d'offrir aux propriétaires de maisons des outils, des données et des informations pour gérer leurs maisons au sein de leurs applications bancaires. La collaboration tire parti du cadre API de Jack Henry, contribuant à son écosystème de plus de 1 000 fintechs servant environ 7 500 institutions financières.

Chimney Home offre aux propriétaires de maisons des conseils exploitables sur la valeur de la maison, l'équité, la capacité d'emprunt et les offres pré-qualifiées. La Financial Plus Credit Union met en œuvre les outils de Chimney pour autonomiser les propriétaires de maisons avec des informations financières personnalisées et améliorer leur expérience bancaire numérique. Cette intégration vise à aider les institutions financières à mieux engager les propriétaires de maisons avec des offres proactives de produits sur le marché croissant de l'équité immobilière.

Chimney, ein Fintech-Unternehmen, hat bekannt gegeben, dass seine Produktpalette, einschließlich Chimney Home, jetzt über die digitale Bankenplattform von Jack Henry zugänglich ist. Diese Integration ermöglicht es Gemeinschafts- und Regionalbanken, Hausbesitzern Werkzeuge, Daten und Einblicke zur Verfügung zu stellen, um ihre Häuser innerhalb ihrer Banking-Apps zu verwalten. Die Zusammenarbeit nutzt das API-Framework von Jack Henry und trägt zu seinem Ecosystem von über 1.000 Fintechs bei, die etwa 7.500 Finanzinstitute bedienen.

Chimney Home bietet Hausbesitzern handlungsorientierte Ratschläge zu Hauswert, Eigenkapital, Kreditmöglichkeiten und vorab genehmigten Angeboten. Die Financial Plus Credit Union setzt die Tools von Chimney ein, um Hausbesitzern personalisierte finanzielle Einblicke zu bieten und ihr digitales Bankingerlebnis zu verbessern. Ziel dieser Integration ist es, den Finanzinstituten zu helfen, besser mit Hausbesitzern durch proaktive Produktangebote im wachsenden Eigenkapitalmarkt in Kontakt zu treten.

Positive
  • Integration with Jack Henry's digital banking platform expands Chimney's reach to approximately 7,500 financial institutions
  • Chimney Home provides personalized financial insights and tools for homeowners within banking apps
  • Partnership enables financial institutions to offer more targeted home equity products and services
  • Integration may lead to increased customer engagement and potential growth in home equity lending
Negative
  • None.

Community and regional financial institutions can now show home value, home equity, educational resources, and personalized guidance and offers within their banking app

NEW YORK--(BUSINESS WIRE)-- Chimney™, a fintech company transforming how financial institutions use property data, announced that its product suite, including its newest innovation, Chimney Home, is now accessible through the Jack Henry™ digital banking platform.

Chimney leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital PlatformTM is built on, to embed its technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry’s API, design, and authenticated frameworks has enabled Chimney to directly integrate into the digital banking platform providing a seamless banking experience. This integration contributes to Jack Henry’s growing ecosystem of over 1,000 fintechs, providing approximately 7,500 financial institutions with relevant financial products and services for their accountholders.

Using Chimney’s embedded financial tools, financial institutions can engage more account holders digitally, generate deposits and fund more loans with intelligent recommendations that guide users to the right products. Financial institutions will also have access to Chimney Home, which is designed to elevate the online banking experience for homeowners by giving them the tools, data and insights they need to manage their biggest investment: their home. Financial Plus Credit Union is one institution already in the process of implementing Chimney’s financial tools.

"Financial education is key—and our partnership with Chimney will soon empower homeowners with personalized financial insights, helping them reach their financial goals by delivering the resources they need to maximize their home’s value and equity,” said Jessica McNier, SVP of Technology & Innovation at Financial Plus Credit Union. “By embedding these tools into our digital banking experience, we’ll help enable our members to make more informed financial decisions with confidence."

Rachelle Kippe, SVP of Lending at Financial Plus Credit Union added, “At Financial Plus, we’ve traditionally served homeowners through a cross-department strategy that combines mortgage lending, marketing, digital, and member service. With the upcoming implementation of Home Value+, powered by Chimney, we’ll connect these efforts to create an omnichannel experience that enhances access for homeowners, making it easier for them to engage with our Mortgage services while improving operational efficiency for our team.”

Chimney Home provides homeowners with actionable advice about their home value, home equity, borrowing power and pre-qualified offers - embedded within the digital banking channels today’s customers prefer. As a result, financial institutions can better engage homeowners with proactive product offers, which is key in the booming home equity market.

“For many years, financial institutions have lacked the resources needed to personalize product recommendations for homeowners. At the same time, getting approved for a home equity loan is a big feat, sometimes taking months and causing frustrations for many consumers. That’s why we created Chimney Home,” said Matthew Covi, co-founder and CEO of Chimney. “By combining financial health data and blending it with a homeowner’s property data, we’re empowering financial institutions to make more personalized loan recommendations in the fiercely competitive home equity space and allow account holders to take action on those recommendations right within their digital banking app. We’re thrilled to announce our integration with Jack Henry and to embed our Chimney Home technology into Jack Henry’s digital banking platform and their growing ecosystem.”

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 more than 48 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 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at http://www.jackhenry.com.

About Financial Plus Credit Union

Since 1952, Financial Plus has been putting today’s needs and tomorrow’s dreams all within reach. Owned by over 82,000 members with more than $1.4 billion in assets, the credit union provides a full range of modern, easily accessible banking products and services to all throughout the state of Michigan. For more information, visit myfpcu.com or call (800) 748-0451.

About Chimney

Millions of homeowners use Chimney’s tools and APIs to track home value, understand borrowing power, and easily access home equity - all right within their banking app. With its embedded financial platform, Chimney gives homeowners the personalized guidance and insights they need, when they need it, to make smarter financial decisions. By leveraging open bank data, Chimney’s platform enables financial institutions to engage homeowners with proactive product recommendations and other embedded offers unique to each homeowner’s financial situation. Chimney’s homeownership platform is the latest addition to the company’s product suite, which includes its award-winning financial calculators. Winner of the FinovateSpring 2021 Best of Show, Chimney’s solutions are built for the digital age – designed to engage and win more customers, capture better customer data and move leads faster. That’s why the company is trusted by over 80 of the top financial institutions nationwide, including banks, credit unions and lenders.

For more information, visit www.chimney.io.

Mallory Griffin Anderson

mallory@yorkpublicrelations.com

706-830-0868

Source: Chimney

FAQ

What is Chimney Home and how does it benefit financial institutions using Jack Henry's platform?

Chimney Home is a tool that provides homeowners with actionable advice about home value, equity, borrowing power, and pre-qualified offers within digital banking apps. It benefits financial institutions by allowing them to engage homeowners with personalized product recommendations and potentially increase home equity lending.

How many financial institutions can potentially access Chimney's products through the Jack Henry integration?

Approximately 7,500 financial institutions can potentially access Chimney's products through the Jack Henry integration, as part of Jack Henry's ecosystem of over 1,000 fintechs.

What specific features does Chimney Home offer to homeowners through the digital banking platform?

Chimney Home offers homeowners actionable advice about their home value, home equity, borrowing power, and pre-qualified offers, all embedded within their digital banking channels.

Which financial institution is mentioned as already implementing Chimney's financial tools?

Financial Plus Credit Union is mentioned as an institution already in the process of implementing Chimney's financial tools to empower homeowners with personalized financial insights.

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