As cryptocurrency assets become more mainstream, demand has increased for digital asset solutions integrated with traditional financial products and services. For financial institutions, providing this digital asset solution tightly integrated with existing products and services is essential to meet user needs.
Until recently, if a financial institution wanted to offer a way to buy, sell and hold digital assets, they had limited options. They could either develop a solution from scratch or use an off-the-shelf product which may not provide the long term flexibility they desire.
Sequoir leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital Platform™ is built on, 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 Sequoir to directly integrate into the digital banking platform providing an easy-to-use, seamless banking experience. This integration contributes to Jack Henry’s growing ecosystem of over 850 fintechs, providing approximately 8,000 financial institutions with relevant financial products and services for their account holders.
“Financial institutions now have an excellent way to offer digital asset services to their customers or members. Plus, they don’t have to build one-off solutions from scratch. Our API-based platform means it’s easy to add new features and functionality as users’ expectations evolve,” says Justin Seidl, CEO of Sequoir.
Financial institutions can take advantage of Sequoir's unique conversion and custody capabilities to create a safe and easy way for customers or members to buy, sell and hold digital assets while they stay within their primary financial relationship. And, with the capabilities of an industry-leading provider like Jack Henry behind it, they can have confidence the solution will meet the highest security and compliance standards.
To learn more about how Sequoir can help your financial institution take advantage of the digital asset revolution, visit www.sequoir.com today.
Based in Green Bay, WI, the American Trade Exchange, Inc. DBA Sequoir is a leading provider of digital asset (cryptocurrency) solutions to financial institutions. Sequoir offers pre-built integrations to digital banking solutions that allows users to buy, sell, hold and borrow against digital assets. In addition, Sequoir allows financial institutions the ability to offer custom digital asset solutions to its customers or members by utilizing its Rest APIs. Visit www.sequoir.com to learn more.
Jack Henry (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 45 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 8,000 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.