equipifi joins Jack Henry to expand BNPL access for banks

By Vriti Gothi

equipifi has partnered with Jack Henry™ FinTech Integration Network (FIN) to bring modern, consumer-centric payment solutions directly into the banking ecosystem.

By joining Jack Henry’s FIN, equipifi gains access to advanced technical resources that streamline deployment and integration, ensuring financial institutions can adopt its BNPL platform with speed and efficiency. The collaboration highlights the increasing significance of BNPL as a vital component of digital banking transformation, aligning with financial institutions’ efforts to provide innovative, customer-centric solutions.

equipifi’s BNPL platform integrates seamlessly with SilverLake System through jXchange™, a services-based programming interface designed to provide secure access to core data and business rules. This architecture safeguards data integrity by mediating all interactions through a managed service layer, enabling consistent, compliant, and secure data exchange between financial institutions and FinTech providers.

The result is a faster time-to-market for financial institutions looking to launch in-house BNPL programmes. Banks and credit unions leveraging SilverLake System can now offer state-of-the-art payment flexibility, elevating digital banking experiences, increasing customer engagement, and creating new revenue opportunities through enhanced interest income. The expansion positions BNPL as a cornerstone capability for institutions modernising checking accounts, debit cards, and mobile banking applications to meet rising 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, personalised BNPL programmes 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.”

The Jack Henry FinTech Integration Network is designed to take the customer out of the middle by providing FinTechs with direct access to the company’s technical resources and test systems, simplifying integration and deployment. Inclusion in FIN ensures that financial institutions can seamlessly access third-party innovation while maintaining security, compliance, and operational efficiency.