Plinqit Integrates with Banno’s Digital Banking Platform

Community and regional financial institutions can offer accountholders a platform with a non-traditional tool that helps with the first step of the financial wellness journey – saving money

ANN ARBOR, Mich.–(BUSINESS WIRE)–Plinqit, the only savings platform of its kind that pays users for learning about personal finances, announced today that its platform is now accessible through Jack Henry’s Banno Digital Platform.

Plinqit integrated to Jack Henry using the Banno Digital Toolkit, which employs the same open API on which the Banno Digital Platform operates. The Banno Digital Toolkit provides fintechs an easy way to embed their solutions into digital banking experiences curated by community and regional financial institutions. Plinqit adds to a growing library of popular fintech services that are fully integrated into the Banno Digital Platform, giving banks and credit unions fast, secure, on-demand access to the most relevant innovations in the fintech ecosystem.

Unlike any other savings platform on the market, Plinqit’s patented Build Skills™ allows users to not only interact with content that improves their financial literacy, but they are paid to do so. Understanding that saving is the first step on the path to financial wellness, Plinqit provides users with a free, simple and easy-to-use way to save and plan for future financial needs.

For financial institutions, the platform costs less than the cost of a traditional savings account. Additionally, by helping banks and credit unions attract and retain consumers in a unique way, Plinqit offers financial institutions a way to build stronger connections.

“Plinqit has been anticipating our relationship with Jack Henry, as their Banno Digital Toolkit is exactly what was needed to encompass the sophisticated, personal and seamless user experience we value,” said Kathleen Craig, Founder and CEO of Plinqit. “Our current shared Banno clients are eager to utilize this new, embedded version of Plinqit, and we are thrilled to continue relationships with forward-thinking fintechs.”

“To prepare for the future, financial institutions must be ready and willing to adapt, innovate and differentiate quickly while keeping personal connection at the center of the customer’s digital experience,” said Julie Morlan, Senior Managing Director of Digital Solutions at Jack Henry. “We have built best-in-class developer tools to allow fintechs like Plinqit to grow our ecosystem and give our bank and credit union customers the innovative tools they need to compete.”

About Plinqit

Plinqit is a brandable, mobile-first platform that is elegant and highly powerful at the same time. Unlike any other savings platform on the market, its patented Build Skills™ pays users for engaging with content, creating higher user engagement for financial institutions. Created by Millennials for Millennials, Plinqit helps financial institutions connect with this important demographic in a meaningful, relevant way – bringing together digital customers, FI’s, and savings in one beautiful place. For more information, visit info.plinqit.com.

About Jack Henry & Associates, Inc.

Jack Henry (NASDAQ: JKHY) is a leading SaaS provider primarily for the financial services industry. We are a S&P 500 company that serves more than 8,000 clients nationwide and goes to market through three distinct brands: Jack Henry Banking^® provides innovative solutions to community and regional banks; Symitar^® provides industry-leading solutions to credit unions of all sizes; and ProfitStars^® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in cloud-based digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at www.jackhenry.com.

Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company’s financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company’s SEC filings that may cause actual results to differ materially from any forward-looking information.

Contacts

Mary York

For Plinqit

706-280-9267

[email protected]