Coinbax Joins the Jack Henry™ Fintech Integration Network

Core Insights - Coinbax has joined the Jack Henry Fintech Integration Network (FIN), allowing it to integrate with Jack Henry's core banking platforms, enhancing its capabilities in stablecoin payments [1][4] - The integration with Jack Henry's systems will enable financial institutions to offer stablecoin payment solutions while maintaining compliance and operational workflows [3][4] Company Overview - Coinbax serves as a trust layer for stablecoin payments, providing programmable escrow infrastructure and automated settlement logic designed for financial institutions [6] - Jack Henry & Associates, Inc. is a financial technology company that connects financial institutions with their customers, offering a range of technology solutions to enhance innovation and competitiveness [5] Technical Integration - Coinbax integrates with SilverLake and Symitar through jXchange and SymXchange, respectively, ensuring secure access to core data and maintaining data integrity [2] - The integration allows for real-time visibility into transaction statuses and seamless reconciliation with core banking systems, which is crucial for financial institutions [3]