Merchant’s PACT and Jack Henry announce collaboration

By Edlyn Cardoza

Merchant’s PACT, a FinTech payments company that analyses and streamlines merchant services and accountholder data through the core and digital platform integrations, announced that MPACT Offers is now accessible through Jack Henry’s Banno Digital Platform.

Merchant’s PACT leveraged the Banno Digital Toolkit^SM, the same set of APIs the Banno Digital Banking Platform is built on, to embed their technology into the digital experiences offered by community and regional financial institutions.

Access to Jack Henry’s API, design, and authenticated frameworks has enabled Merchant’s PACT to directly integrate into the digital banking platform and core, providing a seamless banking experience for financial institutions and their commercial and SMB accountholders. This integration contributes to Jack Henry’s growing ecosystem of over 850 FinTechs, providing approximately 8,000 financial institutions with relevant financial products and services for their account holders.

Interweaving merchant services into digital and business banking like never before, MPACT Offers provides seamless communications and better functionality for the nearly 7.9 million accountholders with the Banno Digital Platform by delivering dynamic and targeted merchant processing content directly to account holders.

“MPACT Offers expands our digital banking usability and furthers our capacity to be a ‘one stop shop’ for our business customers,” said Patsy Templeton, Senior Vice President of Group Operations at Craft Bank, a 2020 Denovo Bank.

MPACT Offers is powered by Merchant’s PACT open platform, MPACT Hub, which houses a suite of SaaS solutions to streamline core and digital banking integrations, portfolio data, lead generation insights, marketing assets, and training tools for financial institutions.

“These SaaS solutions provide powerful insights and competitive advantages to financial institutions interested in serving and growing their commercial and SMB accountholder base,” said Ashley Noland, Chief Commercial Officer at Merchant’s PACT.