Jack Henry & Associates Acquires BOLTS Technologies, Inc.
finance.yahoo.com
- Acquisition further expands digital banking solution suite with next-generation account opening solution -
According to Ron Moses, Vice President of Jack Henry & Associates, and General Manager of Consumer and Commercial Solutions, "The financial services industry is clearly focused on reengineering the delivery of traditional financial services with digital solutions. As more and more businesses and consumers expect to conduct most of their transactions and interactions digitally, the demand for online and mobile account opening is strong and growing. To meet this demand, financial institutions need a next-generation solution that balances user experience, strong security, and self-service administration and customization. boltsOPEN is a truly innovative account opening solution that diverse banks and credit unions need to meet the evolving expectations of their existing and prospective accountholders."
boltsOPEN enables existing and prospective accountholders to open new accounts in minutes. It leverages a modern, responsive design to ensure an intuitive user experience on any device. Its sophisticated identity verification encompasses OFAC, customer identification program (CIP), and account abuse checks. Flexible account funding options include mobile deposits, ACH, and transfers from credit and debit accounts. |
