Jack Henry Expands Google Cloud Partnership to Enable Tokenized Deposits
Bitget2026/10/16 15:01- Jack Henry expanded its Google Cloud collaboration to enable banks and credit unions to offer tokenized deposits through Google Cloud Universal Ledger.
- The integration will make it the first core banking technology provider on the ledger, supporting programmable payments and 24/7 settlement.
- Automated clearing and multilateral netting aim to improve capital efficiency without requiring prefunded accounts or tying up liquidity.
- The expansion builds on a strategic relationship established in 2022.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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