Effectiv today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Effectiv with access to Jack Henry’s technical resources to enable Effectiv to integrate with the Symitar® core platform. The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.
Effectiv integrates with Symitar via SymXchange™, a services-based programming interface that enables third-party vendors and credit unions 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 which governs these interactions.
Effectiv’s platform comes pre-integrated with trusted third-party data intelligence providers and core platform solutions and can be deployed out-of-the-box with built-in or custom rules that can be added, deleted or adjusted based on each
ﬁnancial institution’s (FI’s) unique risk proﬁle and tolerances. Desired customizations are as easy as drag and drop and don’t require any intervention from IT or engineering staff.
“We’re excited to be a part of this program that quickly allows Symitar customers to create and customize fraud detection and prevention workﬂows by automating their risk management strategies while staying compliant with an omnichannel approach to account opening, loan application processing, transaction monitoring, case management and data vendor management,” said Ravi Sandepudi, CEO, Effectiv.
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.
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 45 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 8,000 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.
Effectiv provides a fraud and compliance automation platform for ﬁntechs, mid-sized banks, and credit unions. Its mission is to automate compliance needs while helping customers manage fraud with a best-in-class solution combining human and artiﬁcial intelligence interaction. Built by a team who enabled enterprises like U.S. Bank, Chime, Google, PayPal, and Walmart to manage fraud and risk at scale, Effectiv’s solutions utilize hundreds of industry-leading data sources helping ﬁnancial institutions utilize expert-built solutions that come pre-integrated with best-in-class data intelligence.
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