Jack Henry Partners with Google Cloud to Enable Tokenized Deposits for Financial Institutions
Jack Henry becomes the first core banking provider to integrate Google Cloud's Universal Ledger, allowing banks and credit unions to offer tokenized deposits and modernize digital services.
Provider
Jack Henry
Platform
Google Cloud Universal Ledger
Target Clients
Banks and Credit Unions
Primary Goal
Deliver tokenized deposits
This strategic collaboration positions Jack Henry as the initial core banking technology provider to connect with Google Cloud Universal Ledger. The expanded capabilities aim to help financial institutions foster innovation, keep customer deposits, and launch new digital experiences. This move builds upon their existing strategic relationship to advance banking technology.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.