The Independent BankersBank in tech overhaul with Jack Henry
The Independent BankersBank (TIB), the largest bankers’ bank in the US, has signed with banking tech provider Jack Henry to modernise its technology infrastructure.
With 40+ years in business, Texas-based TIB provides more than 30 correspondent banking products and services to nearly 1,400 community financial institutions across all 50 states.
For more than 20 years, it has been operating on a proprietary core system, but has decided the time has come to move to a fully outsourced technology model.
“It was important for us to find a well-rounded technology company that can support our unique business model and operational requirements with customisable, open, and proven solutions,” explains Michael G. O’Rourke, president and CEO at TIB.
“Jack Henry shares our passion for constant innovation and our vision of the future of banking.”