Jack Henry's transaction enrichment, powered by Bud Financial, brings greater clarity and accuracy to digital banking experiences

Core Insights - Jack Henry has successfully rolled out native transaction enrichment capabilities on the Banno Digital Platform in collaboration with Bud Financial, enhancing transaction details for banks and credit unions [1][2] - The integration of Bud's Enrich product into Banno aims to provide high-quality transaction categorization and merchant detection, improving user experience and enabling financial institutions to leverage actionable data [2][3] Company Overview - Jack Henry & Associates, Inc. is a financial technology company that connects financial institutions with their customers, focusing on user-centric solutions and collaboration with fintechs [6] - Bud Financial specializes in enriching financial data to provide insights into transactions, helping banks and fintechs personalize customer experiences and optimize operations [4][5] Product Features - The transaction enrichment capabilities offer market-leading categorization for instant understanding of transactions, high-accuracy merchant identification, and broad coverage of various financial transactions [8]