Jack Henry: Opens online loans marketplace

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
  • Jack Henry is a leading provider of technology solutions primarily for the financial services industry
  • Launches Online Marketplace to Improve How Financial Institutions Can Buy, Sell, and Participate in Commercial Loans
  • Financial institutions have long needed a more efficient, cost effective way to manage their loan portfolios
  • The Jack Henry Loan Marketplace provides unbiased access to opportunities from financial institutions across the country
  • It centralizes communications and transactions related to the purchase, sale, and trade of these loans
  • The Jack Henry Loan Marketplace allows loans to presented as single transactions or pooled together
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