What Is the Partnership?
Coinbax has joined the Jack Henry™ Fintech Integration Network (FIN), gaining access to technical resources and integration capabilities with core banking platforms that serve approximately 7,400 banks and credit unions across North America.
What Integration Capabilities Are Enabled?
The integration enables Coinbax to connect with:
SilverLake via jXchange™
Integration with Jack Henry’s SilverLake core banking platform serving mid-sized and large banks.
Symitar via SymXchange™
Integration with Jack Henry’s Symitar core platform serving credit unions of all sizes.
These service-based programming interfaces provide secure access to core banking data and business rules, allowing financial institutions to seamlessly integrate stablecoin payment capabilities into their existing systems.
What Features Does Coinbax Provide?
Coinbax provides programmable escrow infrastructure that enables financial institutions to offer stablecoin payment options with:
- Built-in Compliance Controls: Policy enforcement and approval workflows embedded in transactions
- Automated Settlement Capabilities: Conditional release based on verifiable events
- Real-time Transaction Visibility: Monitoring and reporting for operational oversight
- Seamless Core Banking Reconciliation: Integration with existing accounting and reporting systems
- Integration with Custody Providers: Connection to institutional custody infrastructure
- Institutional-grade Auditability: Complete transaction trails for regulatory compliance
Why Does This Partnership Matter?
“Financial institutions want to meet their customers where payments are heading, but they need solutions built for how banks actually operate.” — Peter Glyman, CEO of Coinbax
The partnership addresses the growing demand from traditional financial institutions to offer stablecoin payment services while maintaining the compliance, security, and operational standards required for regulated banking environments.
With access to over 7,400 institutions through Jack Henry’s network, Coinbax can now provide stablecoin infrastructure to a significant portion of the U.S. banking market.
Who Are the Partners?
Coinbax
The trust layer for stablecoin payments, offering APIs with integrations into custody providers and banking systems designed for institutional compliance and auditability.
Jack Henry
An S&P 500 financial technology company that has been providing solutions to financial institutions for nearly 50 years, serving thousands of banks and credit unions with core banking platforms and integrated financial technology solutions.
Frequently Asked Questions
What is the Jack Henry Fintech Integration Network (FIN)?
FIN is Jack Henry’s partner program that provides fintech companies with technical resources, APIs, and support for integrating with Jack Henry’s core banking platforms (SilverLake and Symitar).
How many institutions can access Coinbax through this integration?
Approximately 7,400 banks and credit unions use Jack Henry platforms across North America. These institutions can now integrate Coinbax’s stablecoin infrastructure with their core banking systems.
What does the integration enable for banks and credit unions?
Financial institutions can offer stablecoin payment services to their customers while maintaining integration with their existing core banking systems for reconciliation, compliance reporting, and operational oversight.
Does this require institutions to change their core banking platform?
No—the integration works with institutions’ existing Jack Henry implementations (SilverLake or Symitar), adding stablecoin capabilities without requiring core platform changes.