Rego Payment Architectures, Inc. (OTCQB: RPMT) has announced its inclusion in the Jack Henry™ Vendor Integration Program. This strategic partnership aims to extend the reach of Rego’s family-oriented banking solutions. By integrating with Symitar®, a widely utilized core processing system for credit unions, Rego is set to enhance its service offerings significantly.
The collaboration allows Rego to leverage Jack Henry’s technical resources and the SymXchange™ programming interface. This service-based interface facilitates secure data sharing between third-party vendors and credit unions, ensuring that data integrity is maintained. The integration governs access to business rules and data through a dedicated service layer, promoting a seamless experience for all users.
Rego’s platform features a fully embedded, white-labeled solution tailored for financial institutions that cater to families across generations. Among its key offerings is a youth banking product that complies with the Children’s Online Privacy Protection Act (COPPA) and the General Data Protection Regulation (GDPR). This initiative is designed to attract younger account holders by providing age-appropriate financial tools and educational resources.
Additionally, Rego’s senior financial management solution empowers caregivers and fiduciaries to manage and safeguard the financial well-being of older adults. This capability is particularly valuable for individuals overseeing finances across multiple institutions, ensuring comprehensive oversight.
“We look forward to working with credit unions on Symitar to bring our white-labeled youth banking and senior financial management products to their members,” stated Peter S. Pelullo, CEO of Rego. This partnership positions Rego to offer enhanced, family-centric financial products to a wider range of credit unions, ultimately fostering greater member engagement and supporting lifelong financial health.
With this integration, Rego Payment Architectures is poised to make significant strides in the financial services sector, particularly in supporting families and enhancing their banking experiences.
