Spiral Joins the Jack Henry™ Vendor Integration Program To Drive Engagement and Revenue Through Community Impact

October 04, 2023 at 08:52 AM EDT

- VIP enables Spiral to integrate with CIF 20/20^®, Core Director^®, SilverLake System^®, and Symitar^®.

Spiral, the award-winning Impact-as-a-Service™ platform for financial institutions, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Spiral with access to Jack Henry’s technical resources to enable its Impact-as-a-Service™ platform to integrate with CIF 20/20^®, Core Director^®, SilverLake System^®, and Symitar^®. The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.

Spiral's solutions integrate with CIF 20/20, Core Director, and SilverLake Systemvia jXchange™, a services-based programming interface that enables third-party vendors and banks to access the platform’s core data and business rules. The integrity of data is maintained throughout any data exchange, because access to business rules and data is managed through a service layer that governs these interactions.

In addition, Spiral's platform integrates with Symitar via SymXchange™, which performs the same functions to connect third-party vendors with credit unions.

Financial institutions that are customers of Jack Henry will have access to enable Spiral’s innovative products to grow deposits and increase engagement through community and environmental impact. Spiral enables financial institutions to drive community impact through a broad set of charitable giving products, from making donations through everyday purchases and rounding up card transactions to setting up monthly charitable contributions and tax-deductible donor-advised funds.

"We are excited to integrate our platform and revolutionize accountholder experiences for Jack Henry’s customers," said Shawn Melamed, CEO and Co-founder of Spiral. "Our turnkey solutions empower financial institutions to attract deposit growth via community impact, increase digital engagement, and amplify their impact on their local communities through everyday banking," he added.

Jack Henry’s VIP takes the customer out of the middle, providing vendors with direct access to Jack Henry’s technical resources and test systems. VIP inclusion is not an endorsement of the vendor’s product.

About Jack Henry™

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 47 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 7,500 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.

About Spiral

Headquartered in New York City, Spiral is the award-winning Impact-as-a-Service™ platform that enables banks, credit unions, and financial institutions to grow deposits and increase engagement through community and environmental impact. With Spiral, financial institutions can easily embed community impact and sustainability into any bank account, debit card, or credit card to amplify their community impact and increase engagement and revenue. Spiral makes it simple for financial institutions to drive positive change, strengthen their bond with the communities they serve, and empower millions of customers and businesses to contribute to a better world.

Spiral is spearheaded by fintech visionary entrepreneur Shawn Melamed, a former Managing Director of Morgan Stanley's Technology Business Development and Innovation Offices. Their mission-driven team has deep banking, nonprofit, and fintech expertise, including Jim Rosenthal, the former COO of Morgan Stanley, who is part of Spiral's board. Spiral is backed by Team8, Euclidean Capital, Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO, and more.

To learn more, please contact Spiral here.