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equipifi® Joins the Jack Henry™ Fintech Integration Network and Expands Access to Bank BNPL

1. equipifi joins Jack Henry's Fintech Integration Network for BNPL expansion. 2. Integration with SilverLake System improves BNPL deployment for financial institutions. 3. The move enables rapid modernization of banking services to meet consumer demands. 4. Jack Henry supports over 7,400 clients with financial technology solutions. 5. BNPL is becoming essential for financial institutions to maintain relevance.

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Why Bullish?

Jack Henry's association with the expanding BNPL market can improve revenue streams. Historically, similar integrations have led to growth in user engagement and adoption.

How important is it?

This partnership enhances JKHY's product offerings, potentially increasing competitive advantage and market share.

Why Long Term?

The growth and integration of BNPL platforms indicate evolving consumer banking habits, benefiting JKHY over time as more institutions adopt these services.

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- FIN enables equipifi to expand flexible financing capabilities to hundreds more financial institutions by integrating with SilverLake System®- , /PRNewswire/ -- equipifi, the award-winning Buy Now, Pay Later (BNPL) platform for financial institutions, today announced that it has joined the Jack Henry™ Fintech Integration Network (FIN). Participating in the program had provided equipifi with access to Jack Henry's technical resources to expand the availability of its BNPL platform and integrate with SilverLake System®. The Fintech Integration Network is designed to help ensure that Jack Henry's customers can easily deploy third-party products. equipifi's BNPL platform integrates with SilverLake System through jXchange™– services-based programming interfaces that enable third-party fintechs and financial institutions to securely access core data and business rules. These integrations maintain data integrity by managing access through a service layer that governs all interactions, ensuring consistent and secure data exchange across platforms. This translates to faster deployment of equipifi's BNPL solution for financial institutions using SilverLake System, empowering them to quickly launch a state-of-the-art in-house BNPL program, enhancing their digital banking experience, increasing engagement, and driving new interest income. With this program, more financial institutions can rapidly modernize their checking accounts, debit cards, and banking apps to meet consumer expectations. "Offering BNPL as a payment method is table stakes for financial institutions that want to stay relevant to consumers," said Bryce Deeney, co-founder and CEO at equipifi. "Since 2022, equipifi's BNPL platform has enabled dozens of financial institutions on Jack Henry's Symitar® core to rapidly launch brand-elevating, personalized BNPL programs in-house with minimal internal resources. Expanding to SilverLake System opens our BNPL platform to hundreds more financial institutions. Jack Henry's FIN is accelerating our mission to make bank BNPL available to all consumers in the U.S." Jack Henry's FIN takes the customer out of the middle, providing fintechs with direct access to Jack Henry's technical resources and test systems. FIN inclusion is not an endorsement of the fintech's product. 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 7,400 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 equipifi®equipifi is the leading Buy Now, Pay Later (BNPL) platform for financial institutions in the United States. This is a white label solution designed to align with consumer purchase habits, payment preferences, and financial goals. The equipifi platform seamlessly integrates with leading banking cores and digital banking platforms to deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. For more information, please visit http://www.equipifi.com/. SOURCE equipifi WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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