Atomic, the market leader in payroll connectivity, has announced that Deposit, its direct deposit setup and switching solution is now available through Jack Henry’s digital banking platform.
Jordan Wright, Co-founder, and CEO at Atomic said, “We aim to help marginalized and underserved consumers. In the same way, we strive to help financial institutions of every asset size differentiate and excel–often the regional and community banks are among the hardest to serve underrepresented populations. By partnering, customers are empowered to unlock direct access to account funding streams without needing to invest in modern technological infrastructure or build in-house APIs and integrations required to launch competitive, cutting-edge financial solutions. We’re thrilled about this integration with Jack Henry and the Banno digital banking platform.”
The Banno Digital PlatformTM is built on the same set of APIs as the Digital ToolkitTM, which Atomic used to integrate its technology into the online experiences provided by local and regional financial institutions. Atomic has been able to seamlessly integrate into the digital banking platform thanks to access to Jack Henry’s API, design, and authenticated frameworks. This integration strengthens the over 850 fintech companies that make up the Jack Henry ecosystem, which now serves over 8,000 financial institutions with pertinent financial goods and services for their account holders.
Atomic provided Banno users with access to its first-to-market direct deposit switch and setup solution by rolling out a soft launch for its Deposit plugin on the Jack Henry online banking platform. Financial institutions can allow their customers to set up and change direct deposits to fund accounts held with them digitally by using Atomic’s Deposit solution.
Existing Banno customers can quickly install and activate the Deposit plugin on their bank’s mobile app or online banking platform because Atomic’s Deposit solution is already operational on the Jack Henry digital banking platform. This partnership is a fantastic illustration of integrated fintech that strengthens gains and expands opportunities for financial institutions of all sizes, promoting a more competitive environment.