Jack Henry powers business banking solutions for community banks.

1 min read

TLDR: Jack Henry has launched a new cloud-native banking solution called Banno Business, designed to support small and medium-sized businesses (SMBs) for community banks and credit unions. The solution offers advanced digital tools, including cash management, payments, commercial lending, and embedded payment capabilities. Integration with Finicity from Mastercard allows business owners to link external accounts to their financial institution. Financial institutions such as High Plains Bank and Freedom First Credit Union have already deployed Banno Business, offering their business owners simplified money management and cash flow tools. PYMNTS Intelligence has found that there is a significant opportunity for banks to offer digital supports to SMBs, including payment innovations and personalized financial advising.

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