BLUE BELL, PA — Rego Payment Architectures, Inc. (OTCQB: RPMT) has announced a strategic integration of its innovative youth banking solution with the Jack Henry™ digital banking platform. This development marks a significant step in enhancing financial literacy among younger generations by providing community and regional financial institutions with robust tools tailored for youth.
Utilizing the Banno Digital Toolkit™, Rego has seamlessly embedded its technology into Jack Henry’s digital banking experience. This integration allows financial institutions to offer a cutting-edge banking solution specifically designed for Generation Z and Alpha, catering to youth aged five to 17. By accessing Jack Henry’s comprehensive API framework, Rego aims to enhance the digital banking services provided to approximately 7,500 banks and credit unions.
As young people increasingly engage with financial matters, there is a growing demand for tools that foster financial literacy from an early age. For banks and credit unions, introducing youth-oriented financial products can be a strategic move to attract deposits and foster long-term customer loyalty. With Rego’s solution, financial institutions can deliver a secure, forward-looking banking experience that supports the financial growth of the next generation.
“We’re excited to collaborate with Jack Henry, a company equally committed to providing financial institutions with cutting-edge technology,” stated Peter S. Pelullo, CEO of Rego. “Our platform, rigorously certified to meet the highest standards of child data privacy at both state and federal levels, ensures peace of mind for financial institutions and families as they nurture the next generation of financially informed youth.”
This collaboration not only enhances Rego’s offerings but also contributes to Jack Henry’s expanding ecosystem of over 1,000 fintechs, reinforcing its commitment to providing relevant financial products and services to account holders nationwide.
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