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StrategyCorps Joins the Jack Henry Fintech Integration Network

In a major advancement for financial technology, StrategyCorps has announced its integration into the Jack Henry® Fintech Integration Network (FIN). This collaboration aims to modernize banking through relationship-based checking solutions and to boost non-interest income for financial institutions. With this integration, StrategyCorps' MonetizeIQ now seamlessly connects with Jack Henry's core banking platforms, specifically SilverLake® and Symitar®.

Enhancing Banking Relationships

One of the standout features of this partnership is how MonetizeIQ transforms data accumulated by mid-sized banks and credit unions into actionable insights. By analyzing core banking data, loan details, and card transactions, banks can score customer relationships and pinpoint profitable opportunities that warrant immediate attention. This specific focus on customer relationships enables financial institutions to create personalized offers and establish tiered rewards based on customer loyalty, enhancing customer satisfaction and retention.

The need for banks to deepen relationships with their customers while maintaining profitability has never been more pressing. By utilizing MonetizeIQ, financial institutions can remain competitive without the necessity of bolstering their internal data science team. This approach is particularly beneficial for community banks that aim to maximize their existing tools and systems.

Simplifying Integration

Joining the FIN network not only opens the door to advanced tools for StrategyCorps but also enhances the deployment experience for Jack Henry's clientele. By validating the technical integration, Jack Henry ensures that financial institutions benefit from proven connections to their core systems, eliminating the complexities often associated with custom builds. The integration simplifies the deployment overall, reducing the time and effort needed for banks to harness these innovative technological advancements.

As Herber De Ruijter, Chief Product Officer at StrategyCorps, said, "Joining FIN enables us to deliver relationship intelligence and signal-to-action capabilities to Jack Henry customers with minimal onboarding time." This conveys a commitment to expediting the banking modernization process, empowering institutions to swiftly act on insights regarding deposits and customer relationships.

About Jack Henry and StrategyCorps

Jack Henry Associates, Inc.® is a highly regarded financial technology enterprise that focuses on fortifying connections between financial institutions and their customers. With a presence spanning over 50 years, Jack Henry continues to innovate and deliver solutions that foster growth and improved service for their clients. Their financial technology ecosystem integrates a blend of internal capabilities and third-party fintech innovations, significantly increasing the value offered to their banking partners.

StrategyCorps, on the other hand, specializes in assisting banks and credit unions to modernize retail checking offerings and deposit strategies using data-driven technologies. Their innovative tools, including CheckingScore® and BaZing®, now combined into the MonetizeIQ platform, are designed to increase customer relationships and generate sustainable revenue growth, averaging about $500,000 in new recurring income per billion dollars in assets.

With contributions from notable institutions such as Renasant Bank and OceanAir CU, StrategyCorps remains a trusted partner for community banks and credit unions navigating the complexities of modern banking.

By joining forces, StrategyCorps and Jack Henry are poised to redefine the banking experience, underlining their commitment to leveraging technology to foster deeper connections with customers and enhance financial performance for institutions of all sizes.