Fintech PR

Over 300 Financial Institutions Go Live with the Banno Digital Platform

Published

5 years ago

August 6, 2020

Jack Henry & Associates, Inc.^® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Jack Henry Digital today announced that more than 300 banks and credit unions are leveraging the Banno Digital Platform™ to facilitate seamless digital experiences, digital account opening and live, personal service within the digital channel. As of the end of June, the platform has over 2.6 million monthly active users.

Nashville, Tenn.-based FirstBank set out to be a leader in customer experience about two years ago, embracing digital as a powerful channel for customers to manage their financial lives. The $6.6 billion-asset bank found that the Banno Digital Platform strategically aligned with its vision; using technology to enhance the community banking model across every customer touchpoint. FirstBank already trusted Jack Henry’s customer-centric approach to service, having relied on its core and call center capabilities for years. The addition of the Banno Digital Platform enables the bank to extend its digital reach with an experience that is just as personal and relevant as in-person encounters.

Wade Peery, chief administrative officer of FirstBank, said, “We believe in allowing our customers to bank with us however they choose, and now more than ever, that typically means through digital channels. With Banno, we can provide a modern, consistent experience without sacrificing the personal touch and informed connections that set our institution apart. The pandemic really solidified our approach to digital; we know that excellent digital service can take our bank into the future and carve out a competitive advantage. We are committed to staying local while also providing a superior digital experience, and Banno enables us to do that.”

TruStone Financial Federal Credit Union has been live on Banno Mobile™ for more than two years and recently completed the experience by implementing Banno Online™. The $1.7 billion-asset credit union saw an almost 10% increase in enrollment for its mobile app within the first month of rolling out Banno Mobile and an approximately 70% boost in engagement within the first three weeks of going live with the browser version.

Jessica Grundhauser, online services manager for TruStone Financial Federal Credit Union, explained, “Our digital strategy prioritizes replicating the personal, meaningful branch experience within digital channels. Banno, and specifically the secure live, human chat powered by Banno Conversations^SM, has allowed us to accomplish this goal, which has been especially valuable over the past several months. During the pandemic’s onset, we saw approximately 5,000 conversations each month, a 189% increase in normal activity. This method of communication was critical to helping us serve members during a time of extreme need. We are excited about the future, especially as we grow our footprint and member base, and the digital journey Jack Henry Digital will support.”

Jack Henry recently opened the Banno Digital Platform with the Banno Digital Toolkit^SM, providing financial institutions access to the same APIs on which Banno operates. This allows banks and credit unions to easily plug leading third-party technology directly into their apps, empowering them to innovate faster and deliver the features and functionality that differentiate them competitively. With the toolkit, there’s no need to develop code from scratch; Jack Henry has already done the heavy lifting, providing an effective way for institutions to partner with any third-party of choice or to build custom solutions.

Ben Metz, head of digital at Jack Henry, commented, “Competing on local trust and service in digital has never been more important. We are proud to bring together more than 300 financial institutions on the Banno Digital Platform, providing them with leading technology that extends their relationship-based business models into digital channels, making digital banking full-service, open and relational. The demand for our Banno Digital Platform continues to increase every month. This pace has remained steady through the pandemic, and we expect that demand to increase over the coming months and years. To be future-ready, institutions must have the technical agility to adapt, innovate and differentiate quickly, all while keeping personal service and human connection at the center of the digital experience. Today’s milestone is both a testament to and celebration of making that vision a reality.”

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Fintech PR

Account Payables and Receivables Application Market on a Steady Growth Path: Projected to Grow Through 2030 at CAGR 9.70%

Published

21 minutes ago

April 11, 2025

CISION (PR Newswire)

account-payables-and-receivables-application-market-on-a-steady-growth-path:-projected-to-grow-through-2030-at-cagr-9.70%

Sustainable 9.70% CAGR Reflects Enduring Account Payables and Receivables Application Demand Across Sectors

MIDDLETON, Mass., April 11, 2025 /PRNewswire/ — QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Account Payables and Receivables (AP & AR) Application Market, projecting a compound annual growth rate of 9.70% through 2030. The new reports- ‘Market Share: Account Payables and Receivables (AP & AR), 2024, Worldwide & Regional Report’ and ‘Market Forecast: Account Payables and Receivables (AP & AR), 2025–2030, Worldwide & Regional Report‘- the market is expected to grow at a compound annual growth rate of 9.70% through 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic Account Payables and Receivables (AP & AR) landscape and make informed decisions as the market continues to evolve.

The Next Growth Frontier in Finance Automation

As enterprises look to modernize their finance operations and reduce operational friction, AP & AR automation platforms are becoming mission-critical tools for CFOs and finance leaders. From retail and manufacturing to healthcare, logistics, and financial services, organizations are investing in cloud-based AP & AR applications to improve working capital management, enhance compliance, and unlock operational agility.

According to Hetansh Shah, Analyst at QKS Group, “AP & AR solutions are fast becoming the backbone of intelligent finance operations. With the convergence of automation, artificial intelligence, and real-time analytics, these platforms are delivering enterprise-wide impact-far beyond simple transaction processing.”

Key Market Insights from QKS Group’s Report

Global and Regional Market Analysis: A deep dive into adoption trends and revenue forecasts across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, with regional growth drivers and enterprise spending patterns.
Competitive Benchmarking: An evaluation of leading AP & AR application vendors, including platform capabilities, integration flexibility, customer base, and go-to-market strategies.
Industry Adoption Trends: Insights into which industries are most aggressively adopting AP & AR automation, and how digitization is transforming finance functions across verticals.
Technology Disruption & AI’s Role: An exploration of how machine learning, intelligent data capture, and automated workflows are streamlining invoice processing, cash application, and payment cycles.

Market Leaders & Competitive Landscape

The report highlights key players leading innovation in the AP & AR Application Market, including Quadient, SAP, Oracle, Coupa, HighRadius, Bill.com, Medius, Tipalti, Basware, Corcentric, Esker, AvidXchange, Bottomline Technologies, and Serrala.

Why This Matters for AP & AR Solution Providers

For CEOs, CFOs, product leaders, and strategy teams at AP & AR solution providers, this market intelligence is crucial for unlocking white space opportunities, strengthening competitive positioning, and aligning product roadmaps with enterprise transformation agendas. As digital finance becomes a boardroom priority, vendors must offer scalable, secure, and insight-driven solutions to meet evolving enterprise demands.

Get Access to Exclusive Market Insights (single report or subscription offering)

Market Share: Account Payables and Receivables (AP & AR), 2024, Worldwide:

https://qksgroup.com/market-research/market-share-account-payables-and-receivables-application-ap-and-ar-2024-worldwide-4241

Market Forecast: Account Payables and Receivables (AP & AR), 2025–2030, Worldwide:

https://qksgroup.com/market-research/market-forecast-account-payables-and-receivables-application-ap-and-ar-2025-2030-worldwide-4233

The comprehensive research package includes:

Most Comprehensive Market Forecast Analysis: A separate market forecast report for each region, including North America, Asia Pacific, European Union, MEA, and Latin America.
Unmatched Competitive Analysis: A separate market share report for each region, offering detailed benchmarking of top AP & AR vendors.
QKS TrendsNXT on AP & AR Automation Platforms
QKS TAMSAM Insights Report on the Global AP & AR Application Market
Exclusive Analyst Advisory Sessions for strategic planning, product development, and market entry validation

About QKS Group 

QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives.

Click below to learn more about Competitive Intelligence Service: https://www.youtube.com/watch?v=bhUQYdKd90A

To gain access to the full market insights, growth forecasts, and competitive analysis, Connect:
Shraddha Roy 
PR & Media Relations
QKS Group
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: shraddha.r@qksgroup.com
Content Source: https://qksgroup.com/newsroom/account-payables-and-receivables-application-market-on-a-steady-growth-path-projected-to-grow-through-2030-at-cagr-9-70-1024
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View original content:https://www.prnewswire.co.uk/news-releases/account-payables-and-receivables-application-market-on-a-steady-growth-path-projected-to-grow-through-2030-at-cagr-9-70-302426495.html

Fintech PR

NYSE Content Advisory: Pre-Market update + U.S. and E.U. to negotiate trade

Published

1 hour ago

April 11, 2025

CISION (PR Newswire)

NEW YORK, April 11, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.

Kristen Scholer delivers the pre-market update on April 11th

Stocks rose Friday as JP Morgan Chase (NYSE: JPM) exceeded earnings expectations.
China raised tariffs on U.S. imports to 125% after the White House upped its tariffs to 145% on Chinese imports.
Traders gave equities a boost after the European Union said its representatives will fly to Washington D.C. to “try and sign deals”

Opening Bell
Project H.O.O.D highlights its efforts to build a Leadership & Economic Opportunity Center on the South Side of Chicago

Closing Bell
YPF S.A. (NYSE: YPF) celebrates and introduces its new management team

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Video – https://mma.prnewswire.com/media/2662834/NYSE_Market_Update_April_11_2025.mp4

Logo – https://mma.prnewswire.com/media/2581322/New_York_Stock_Exchange_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update–us-and-eu-to-negotiate-trade-302426564.html

Fintech PR

BingX Xpool Opens 50,000 BABY Reward Pool for USDT Stakers

Published

1 hour ago

April 11, 2025

CISION (PR Newswire)

bingx-xpool-opens-50,000-baby-reward-pool-for-usdt-stakers

PANAMA CITY, April 11, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce the BABY token has been added to its Xpool feature. Starting April 7 at 10:00 (UTC) through April 14 at 10:00 (UTC), BingX users can stake USDT in Xpool to share a total reward pool of 50,000 BABY Points. Participants can redeem BABY Points at a 1:1 ratio for BABY tokens, providing early access to Babylon’s Bitcoin staking protocol without the need to lock actual BTC, ahead of BABY’s official spot listing and perpetual futures trading on April 10.

BABY is the governance and utility token of Babylon, a protocol that allows native Bitcoin staking without bridging or wrapping BTC. The token powers validator delegation, governance functions, and staking incentives. Its addition to X-Pool reflects BingX’s continued focus on providing access to promising early-stage projects through simple and flexible mechanisms.

By staking USDT in Xpool, BingX users gain a passive income opportunity tied to the growth of Bitcoin staking activity on Babylon. This is especially useful for those who want to participate in emerging staking models without the complexity of running nodes or interacting directly with smart contracts. Xpool ensures a streamlined process with no lock-up requirements and real-time reward tracking.

“Our users have been asking for more diverse and meaningful token options in Xpool. With BABY, we are offering them exposure to a unique staking protocol built specifically for Bitcoin holders”, said Vivien Lin, Chief Product Officer of BingX. “You don’t need to be a validator or bridge assets to benefit as you can just stake USDT through Xpool and start earning. It is simple, efficient, and designed with user control in mind.”

Adding BABY to Xpool strengthens BingX’s position as a flexible platform for low-barrier token engagement. The BABY Xpool campaign bridges trending DeFi utilities with a centralized, user-friendly experience to support novel protocols like Babylon while rewarding users who move early.

About BingX

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/