NYDIG continues with its impressive partnerships aiming to enhance bitcoin’s adoption, with the latest being with Jack Henry & Associates.
A partnership deal between Jack Henry & Associates and New York Digital Investment Group will enable community financial institutions to offer bitcoin services following increased interest from customers.Jack Henry and Associates , a leading technology solutions provider and payment processing firm, announced the collaboration with digital asset management firm NYDIG via a.
The latter was developed for community credit unions and banks in the United States and has more than 7 million American consumers. The press release also stated that the JHA PayCenter will facilitate payments “to and from NYDIG” over the real-time payments network. While the development will enable millions of consumers to access bitcoin, it would also benefit credit unions and banking institutions. According to the announcement, these financial organizations can offer fractionalized investment options for account holders, automated savings, and also create a “new and significant non-interest income opportunity.”ADVERTISEMENT
“Together, we are bridging access to broader financial tools for Jack Henry customers. This relationship marks an important step toward making bitcoin services more obtainable for both financial institutions and their account holders.”“Our relationship with NYDIG helps more banks and credit unions meet today’s modern payment demands.
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