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Jack Henry Recognized as a Leader in Small Business Digital Banking

In a significant acknowledgment of its capabilities, Jack Henry™ (Nasdaq: JKHY) has been named a top provider of digital banking solutions for small businesses according to the 2025 Datos Matrix. This assessment emphasizes not only Jack Henry's stature as an industry leader but also showcases the strength of its Banno Business™ platform, which has been praised for its comprehensive features and robust client support.

The Significance of the Datos Matrix

The Datos Matrix is a proprietary evaluation framework used by Datos Insights to assess vendors in the financial technology sector. The 2025 report spotlighted Jack Henry for its stability and extensive product features, particularly noting the advantages of the Banno Business platform.

Gilles Ubaghs, a strategic advisor at Datos Insights, explained, "Jack Henry's Banno Business is a formidable digital banking platform tailored for small enterprises. Community banks and credit unions utilizing the platform highlighted its user-friendliness, open architecture, and excellent support as standout features. These attributes are essential for community institutions aiming to capitalize on small business banking opportunities."

Features That Empower Small Businesses

The Banno Business platform operates on the cloud-native Banno Digital Platform™. This technological backbone allows for rapid innovation through continuous updates and enhancements. Additionally, the open API framework grants institutions the flexibility to easily integrate with third-party solutions without incurring additional costs or facing technical hurdles.

Part of Jack Henry's broader strategy focuses on small and medium-sized businesses (SMBs), emphasizing a comprehensive array of tools and services designed to support banks and credit unions in servicing this sector. This strategy also includes a unique merchant acquiring solution developed in partnership with Moov, a modern digital payments processor.

Key features of this solution include instant decision-making, Tap to Pay options for both iOS and Android devices, and the capability to receive settlement funds up to eight times daily, alongside ongoing account reconciliation. These capabilities distinguish Jack Henry from its competitors and provide significant advantages to merchants using the platform.

A Thriving Ecosystem for Financial Institutions

Erica Pilon, Head of Corporate Strategy at Jack Henry, stated, "We are delighted for Banno Business to receive industry recognition, as it plays a crucial role in our overarching strategy to equip banks and credit unions to serve SMBs more effectively and reclaim high-value deposits. Our 2025 Strategy Benchmark Study revealed that 80% of banks and credit unions plan to enhance services for small businesses in the coming years, specifically mentioning payment services, digital tools, and credit options. As a renowned financial technology service provider, we strive to empower our clients to be at the heart of their relationships with SMB clients."

Jack Henry: A Financial Technology Leader

As a notable financial technology company, Jack Henry™ (Nasdaq: JKHY) aims to strengthen the connections between financial institutions and the communities they serve. As a member of the S&P 500, Jack Henry champions transparency, collaboration, and user-centric designs. The company has a legacy of nearly 50 years, delivering innovative technology solutions that help clients enhance their competitive standing while adapting to the changing needs of their account holders. With around 7,500 clients, Jack Henry works tirelessly to foster innovation, provide personal service, and deliver insight-driven solutions that pave the way for better financial health.

For more information, visit Jack Henry's website.