MeridianLink, a provider of lending software platforms, and Jack Henry, a financial technology company, have announced an expanded partnership to further develop digital lending and account opening solutions for community banks and credit unions.
Under the terms of the expanded agreement, Jack Henry will now resell the full suite of MeridianLink® One platform solutions, including MeridianLink® Mortgage and MeridianLink® Consumer. This collaboration aims to accelerate innovation, deliver best-in-class consumer experiences, and drive successful consumer outcomes for financial institutions throughout the account opening and lending customer lifecycle.
This expanded alliance builds upon a successful 15-year relationship between the two companies, which currently serves over 500 banks and credit unions. The partnership is designed to attract new joint customers by transforming digital lending and account opening experiences for both consumers and financial institution staff.
Larry Katz, President and Chief Executive Officer designate of MeridianLink, stated, “Financial institutions are modernizing their platforms and adopting new capabilities to serve changing consumer needs. Our expanded relationship underscores the power of our integrated offering and the ability of our platform to deliver differentiated outcomes for banks and credit unions. Additionally, our collaboration now includes the full capabilities of the MeridianLink One platform.”
The enhanced collaboration introduces additional capabilities that extend across consumer and mortgage lending. These solutions empower financial institutions to securely and reliably improve processes for account opening, application processing, loan origination, and cross-selling.
Greg Adelson, President and Chief Executive Officer of Jack Henry, commented, “By working with industry leaders like MeridianLink, we help community banks and credit unions meet their evolving consumer needs faster. Our longstanding collaboration has delivered tremendous value for our growing ecosystem, and we look forward to our ability to now offer extended capabilities of the MeridianLink One platform.”
MeridianLink One is designed to assist financial institutions in developing long-term financial management relationships with their customers. The comprehensive banking software solution covers the entire digital lending journey, including deposit account opening, consumer and mortgage loan origination, credit reporting, data access and verification, business consulting, analytics, collections, and scoring. Its seamless integrations are intended to eliminate the need for disparate financial offerings, reduce operational silos, and increase overall efficiencies.
MeridianLink, Inc. (NYSE: MLNK), based in Irvine, California, specializes in powering digital lending and account opening for financial institutions and fintechs. Its multi-product platform is used by customers to streamline workflows, enhance user experiences, and accelerate growth.
Jack Henry (Nasdaq: JKHY) is a financial technology company that provides solutions designed to strengthen connections between financial institutions and their clients. An S&P 500 company, Jack Henry emphasizes openness, collaboration, and user centricity, offering a robust ecosystem of internal capabilities and integration options with leading fintechs. The company has provided technology solutions for nearly 50 years, serving approximately 7,500 clients.
