Cotribute Expands Participation in Jack Henry™ Vendor Integration Program to Help Drive Deposit and Customer Growth for Banks
Cotribute, a digital account opening and onboarding platform, has expanded its participation in the Jack Henry™ Vendor Integration Program (VIP). The company has been certified to integrate with SilverLake® and Synergy®, enabling seamless deployment of its solutions for banks and credit unions. Cotribute integrates with SilverLake via jXchange™ and with Symitar via SymXchange™, maintaining data integrity throughout exchanges.
Cotribute's platform offers 50+ account opening templates, allowing clients to deploy new modules, streamline applications, and onboard customers in less than two minutes. The solution includes instant funding options, automated KYC requirements, fraud detection, AML, identity verification, OFAC checks, and BSA compliance. This integration aims to improve accountholder experiences, drive deposits, and enhance back-office processes for community banks across the U.S.
Cotribute, una piattaforma per l'apertura di conti digitali e l'onboarding, ha ampliato la sua partecipazione al Jack Henry™ Vendor Integration Program (VIP). L'azienda è stata certificata per integrarsi con SilverLake® e Synergy®, consentendo un'implementazione senza soluzione di continuità delle sue soluzioni per banche e cooperative di credito. Cotribute si integra con SilverLake tramite jXchange™ e con Symitar tramite SymXchange™, mantenendo l'integrità dei dati durante gli scambi.
La piattaforma di Cotribute offre più di 50 modelli per l'apertura di conti, che permettono ai clienti di implementare nuovi moduli, semplificare le domande e registrare i clienti in meno di due minuti. La soluzione include opzioni di finanziamento istantanee, requisiti KYC automatizzati, rilevamento delle frodi, AML, verifica dell'identità, controlli OFAC e conformità BSA. Questa integrazione mira a migliorare l'esperienza degli intestatari di conti, aumentare i depositi e migliorare i processi di back-office per le banche comunitarie negli Stati Uniti.
Cotribute, una plataforma de apertura de cuentas digitales y onboarding, ha ampliado su participación en el Jack Henry™ Vendor Integration Program (VIP). La compañía ha sido certificada para integrarse con SilverLake® y Synergy®, lo que permite un despliegue sin inconvenientes de sus soluciones para bancos y cooperativas de crédito. Cotribute se integra con SilverLake a través de jXchange™ y con Symitar a través de SymXchange™, manteniendo la integridad de los datos durante los intercambios.
La plataforma de Cotribute ofrece más de 50 plantillas para la apertura de cuentas, lo que permite a los clientes implementar nuevos módulos, simplificar aplicaciones y registrar clientes en menos de dos minutos. La solución incluye opciones de financiación instantánea, requisitos KYC automatizados, detección de fraudes, AML, verificación de identidad, controles OFAC y cumplimiento BSA. Esta integración tiene como objetivo mejorar las experiencias de los titulares de cuentas, impulsar los depósitos y optimizar los procesos administrativos para los bancos comunitarios en EE. UU.
Cotribute는 디지털 계좌 개설 및 온보딩 플랫폼으로 Jack Henry™ Vendor Integration Program (VIP)에서의 참여를 확대했습니다. 이 회사는 SilverLake® 및 Synergy®와의 통합을 인증받았습니다. 이를 통해 은행 및 신용 조합을 위한 솔루션의 원활한 배포가 가능해집니다. Cotribute는 jXchange™를 통해 SilverLake와 통합하고, Symitar와는 SymXchange™를 통해 통합하여 데이터 교환 중 데이터 무결성을 유지합니다.
Cotribute의 플랫폼은 50개 이상의 계좌 개설 템플릿을 제공하여 고객이 새로운 모듈을 배포하고 신청서를 간소화하며 고객을 2분 이내에 온보딩할 수 있도록 합니다. 이 솔루션에는 즉시 자금 지원 옵션, 자동화된 KYC 요구 사항, 사기 탐지, AML, 신원 확인, OFAC 체크 및 BSA 준수가 포함됩니다. 이 통합은 계좌 보유자의 경험을 향상시키고, 예금을 증가시키며, 미국의 지역 은행의 백오피스 프로세스를 개선하는 것을 목표로 하고 있습니다.
Cotribute, une plateforme d'ouverture de comptes numériques et d'onboarding, a élargi sa participation au programme d'intégration des fournisseurs de Jack Henry™ (VIP). L'entreprise a été certifiée pour s'intégrer à SilverLake® et Synergy®, permettant un déploiement sans faille de ses solutions pour les banques et les coopératives de crédit. Cotribute s'intègre à SilverLake via jXchange™ et à Symitar via SymXchange™, tout en maintenant l'intégrité des données tout au long des échanges.
La plateforme de Cotribute propose plus de 50 modèles d'ouverture de comptes, permettant aux clients de déployer de nouveaux modules, de simplifier les demandes et de faire entrer les clients en moins de deux minutes. La solution comprend des options de financement instantané, des exigences KYC automatisées, la détection des fraudes, la LBC, la vérification d'identité, des contrôles OFAC et la conformité à la BSA. Cette intégration vise à améliorer l'expérience des titulaires de comptes, à stimuler les dépôts et à améliorer les processus de back-office pour les banques communautaires aux États-Unis.
Cotribute, eine digitale Plattform zur Kontoeröffnung und Onboarding, hat seine Teilnahme am Jack Henry™ Vendor Integration Program (VIP) erweitert. Das Unternehmen wurde zertifiziert, um sich mit SilverLake® und Synergy® zu integrieren, was eine nahtlose Bereitstellung seiner Lösungen für Banken und Kreditgenossenschaften ermöglicht. Cotribute integriert sich über jXchange™ mit SilverLake und über SymXchange™ mit Symitar, wobei die Datenintegrität während der Austauschprozesse gewahrt bleibt.
Die Plattform von Cotribute bietet über 50 Vorlagen zur Kontoeröffnung, die es den Kunden ermöglichen, neue Module bereitzustellen, Anträge zu optimieren und Kunden in weniger als zwei Minuten zu onboarden. Die Lösung umfasst sofortige Finanzierungsoptionen, automatisierte KYC-Anforderungen, Betrugserkennung, AML, Identitätsprüfung, OFAC-Prüfungen und BSA-Compliance. Diese Integration zielt darauf ab, die Erfahrungen der Kontoinhaber zu verbessern, Einlagen zu fördern und die Backoffice-Prozesse für Gemeinschaftsbanken in den USA zu optimieren.
- Certified integration with Jack Henry's SilverLake® and Synergy® platforms
- Offers 50+ account opening templates for streamlined deployment
- Enables customer onboarding in less than two minutes
- Provides automated KYC, fraud detection, and compliance features
- None.
- VIP enables Cotribute to integrate with SilverLake® and Synergy ® -
Participation in the program has provided Cotribute with access to Jack Henry’s technical resources to enable Cotribute’s embeddable digital account opening and loan application solutions to integrate with Jack Henry SilverLake and Synergy. The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.
Cotribute integrates with SilverLake via jXchange™, a services-based programming interface that enables third-party vendors and banks to access the platform’s core data and business rules. The integrity of data is maintained throughout any data exchange, because access to business rules and data is managed through a service layer which governs these interactions. In addition, Cotribute integrates with Symitar via SymXchange™, which performs the same functions to connect third-party vendors with credit unions.
Cotribute's library of 50+ best-in-class account opening templates enables its clients to seamlessly deploy new modules, streamline application experiences, and onboard in less than two minutes. Cotribute’s modules provide simple instant funding options, automates Know Your Customer (KYC) requirements including fraud detection, anti-money laundering (AML), identify verification, OFAC checks and Bank Secrecy Act (BSA) requirements, and retains control over user data.
Philip Paul, CEO of Cotribute, said, “Integration with Jack Henry’s SilverLake helps us improve accountholder experiences for our shared customers. With SilverLake, our bank clients can better manage their customer’s services, helping drive deposits and new account openings at community banks across the
Jack Henry’s VIP takes the customer out of the middle, providing vendors with direct access to Jack Henry’s technical resources and test systems. VIP inclusion is not an endorsement of the vendor’s product.
About Jack Henry™
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 a 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 47 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 www.jackhenry.com.
About Cotribute
Cotribute is an award-winning next-generation digital account opening and onboarding platform that enables credit unions and community banks to compete with digital-first banks. Cotribute’s capabilities include embedded digital account opening, loan application, customer onboarding, smart cross-selling, fraud guard+, analytics and SEG/community engagement programs. Cotribute’s clients range from Fortune 500 financial institutions operating across the US to small regional credit unions and banks. Cotribute is built on blazing-fast cloud-based micro-services architecture, is SOC2 Type 2 certified, seamlessly integrates with core systems and is on a mission to deliver beautiful digital experiences to every user. For more information, visit www.cotribute.com and connect with the company on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241008005035/en/
Laura Lenz / Anna Stanley
Laura@williammills.com / anna@williammills.com
678.781.7226 / 251.517.7857
Source: Cotribute
FAQ
What is Cotribute's new integration with Jack Henry (JKHY) for banks?
How does Cotribute's integration benefit banks using Jack Henry (JKHY) systems?
What features does Cotribute offer through its Jack Henry (JKHY) integration?
How does Cotribute maintain data integrity when integrating with Jack Henry (JKHY) platforms?
