Jack Henry and Atomic collaborate to unlock a digital banking evolution for banks and credit unions

By Edlyn Cardoza

Atomic, the market-leading provider of payroll connectivity, announced that its direct deposit setup and switching solution, Deposit, is now accessible through Jack Henry’s digital banking platform.

Atomic leveraged the Digital Toolkit, the same set of APIs on which the Banno Digital Platform is built, to embed its technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry’s API, design, and authenticated frameworks has enabled Atomic to integrate directly into the digital banking platform, providing a seamless banking experience. This integration contributes to Jack Henry’s growing ecosystem of over 850 FinTech firms, providing approximately 8,000 financial institutions with relevant financial products and services for their account holders.

Atomic rolled out a soft launch for its Deposit plugin on the Jack Henry digital banking platform in July 2022, giving Banno users access to its first-to-market direct deposit switch and set-up solution. Using Atomic’s Deposit solution, financial institutions can enable their customers to digitally set up and switch direct deposits to fund accounts held with them.

With Atomic’s Deposit solution active on the Jack Henry digital banking platform, existing Banno customers can install and activate the Deposit plugin to their bank’s mobile app or online banking platform within hours. This collaboration is a great example of conjoined FinTech that creates more substantial wins and more significant opportunities for financial institutions of all sizes, fostering a more competitive landscape.

“We aim to help marginalized and underserved consumers,” said Jordan Wright, Co-founder, and CEO at Atomic. “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.”