What Banno does

Banno is a cloud-native digital banking platform operated as a wholly-owned product line of Jack Henry & Associates (NASDAQ: JKHY), serving community and regional banks and credit unions in the United States. Founded in 2008 and headquartered originally in Cedar Falls, Iowa, Banno provides a modular digital banking suite including consumer digital banking (mobile and web), business banking (Banno Business, Treasury Management, Jack Henry Wires, Tap2Local for SMB payments), real-time payments (Jack Henry Rapid Transfers built with Moov), authenticated chat and video support (Banno Conversations), personal finance management (acquired via Geezeo in 2023), external account aggregation (Connected Accounts), and marketing/website management. The platform is built on Google Cloud Platform with direct API integrations to all major data aggregators (Akoya, Finicity, Intuit, MX, Plaid, Stripe, Visa Open Banking Solutions, Yodlee) using OAuth 2.0, and embeds Mastercard NuDetect for behavioral fraud analytics.

Name

Banno

Legal name

Jack Henry & Associates, Inc.

Website

https://banno.com

Company type

Public

Founded year

2026

Operating status

Operating

Headcount range

51–100 employees

Short description

Banno, a Jack Henry & Associates product, provides a cloud-native digital banking platform for US community and regional banks and credit unions, offering consumer and business banking, real-time payments, PFM, and fraud prevention modules.

Ownership category

akta.pro rank

Headquarters

HQ city

Cedar Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Digital Banking Platform Subscription: Banno provides its digital banking platform to financial institutions on a subscription basis, integrated with Jack Henry's core banking technology. Pricing is typically negotiated per institution based on accountholder count and feature modules.
2. External Account Connection (Finicity): External account connection bundled with Geezeo's PFM functionality costs $0.15 per user (until April 30, 2023), increasing to $0.20 per user thereafter. All-in pricing means users can connect unlimited accounts for a flat per-user rate.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Banno provides a cloud-native digital banking platform sold to community and regional banks and credit unions in the United States. The platform unifies core technology with digital services to deliver mobile and web digital banking experiences, supplemented by modular add-on products including business banking (Banno Business, Treasury Management), real-time payments (Jack Henry Rapid Transfers), merchant payments (Tap2Local), authenticated chat (Banno Conversations), personal finance management (Geezeo PFM), external account aggregation (Connected Accounts), and marketing/website tools. Distribution is handled exclusively through Jack Henry & Associates' direct enterprise sales force.

Product overview

Banno is a digital banking platform provider (owned by Jack Henry & Associates) offering a modular platform-plus-products architecture. The core Banno Digital Platform unifies core technology and digital banking services into a single cloud-native ecosystem built on Google Cloud Platform. The primary consumer offering is Banno Digital Banking (mobile apps and web), which integrates with specialized modules including Banno Business and Treasury Management for business banking, Jack Henry Wires for wire transfers, Tap2Local for merchant payments, Jack Henry Rapid Transfers for real-time payments, Banno Conversations for secure chat/AI support, Personal Finance Management (PFM) for financial wellness, Connected Accounts for external account aggregation, Banno Marketing for in-app advertising, and Banno Websites for content management. Data capabilities are provided through Data Hub and Jack Henry Insights. Treasury Management adds specialized business banking features including ACH management, Positive Pay fraud protection, and Wire File Upload capabilities. The platform supports API-based integrations with data aggregators (Akoya, Finicity, Intuit, MX, Plaid, Stripe, Visa, Yodlee) and embedded fintech partners.

Differentiator

Problem solved

Functional benefit

Brands

• Banno Digital Platform: Comprehensive cloud-native digital banking platform for community and regional financial institutions
• Banno Business
• Banno People
• Banno Support
• Banno Admin
• Banno Marketing
• Banno Content
• Banno Mobile
• Banno Online
• Tap2Local
• Jack Henry Rapid Transfers
• Geezeo
• Jack Henry Wires
• Treasury Management

Products and services

• Banno Digital Platform Comprehensive cloud-native platform that unifies core technology and digital services into a single ecosystem for community and regional financial institutions, enabling digital banking experiences across native mobile apps and web.
• Banno Digital Banking Digital banking solution providing fast and seamless experiences across native mobile apps and web, enabling financial institutions to deliver personalized service through digital channels.
• Banno Business Business banking solution enabling flexible business accounts and secure chat for fraud elimination, with configurable features for businesses of all sizes.
• Treasury Management Customizable product for complex businesses offering efficient payment processing, robust account reporting, fine-tuned user management, and world-class security with fraud mitigation including triple approval layers.
• Jack Henry Wires Cloud-native wire solution designed to streamline back office processes for sending and receiving wires with efficiency and precision.
• Tap2Local Modern payment tool bringing tap-to-pay functionality to digital banking experience with no hardware or paperwork required, enabling fast secure transactions and next-day availability for merchants.
• Jack Henry Rapid Transfers Real-time payments solution built with Moov and integrated with Visa Direct and Mastercard Move, enabling fast money movement across banks, credit unions, brokerages, and crypto platforms.
• Banno Conversations Authenticated secure chat woven throughout digital banking experience, enabling face-to-face video support, screen sharing, and contextual conversations between accountholders and support staff, with generative AI assistance for representatives.
• Personal Finance Management (PFM) Suite of PFM tools including financial health overviews, budget planning, goal setting, spending analysis, and cash flow calendar integrated directly into digital banking.
• Connected Accounts External account connection feature enabling accountholders to view all financial accounts within the digital banking app, positioning the institution as the financial hub, powered by direct API connections to aggregators.
• Banno Marketing Marketing solution enabling targeted advertising within digital banking, including ad builder, smart links, dynamic content, and real-time analytics for campaign performance.
• Banno Websites Website management and content management system (CMS) for building and maintaining branded websites with integrated marketing campaigns.
• Jack Henry Platform Cloud-native platform unifying core technology and digital services, built in partnership with Google Cloud Platform for higher uptime, modern security, rapid scalability, and real-time processing.
• Data Hub Data streaming solution enabling institutions to stream raw data sets (core data, app usage data) and integrate with third-party analytics platforms like Cognos or Salesforce.

Quantifiable outcome

• 65 institutions already live with Rapid Transfers, 170 more implementing
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability7 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core.

• MoovcoreTechnology or Integration · 14 January 2026Moov is a core technology partner for Jack Henry Rapid Transfers, providing the foundational real-time payments infrastructure that enables fast money movement across banks, credit unions, brokerages, and crypto platforms. The partnership enables Banno's Rapid Transfers feature to process payments through Visa Direct and Mastercard Move networks.
• Google Cloud PlatformcoreTechnology or IntegrationGoogle Cloud Platform is the foundational cloud infrastructure partner for Jack Henry's cloud-native platform. Built in close partnership with Google Cloud, Banno achieves higher uptime, modern security standards, rapid scalability, continuous upgrades, real-time processing, and automated compliance enforcement.
• Mastercard NuDetectcoreTechnology or IntegrationMastercard NuDetect provides behavioral analytics for fraud detection, analyzing user behavior to identify and block fraudulent account entry attempts in real-time.
• Mastercard PlacescoreTechnology or IntegrationMastercard Places provides merchant data for transaction enrichment, powering the automatic categorization and readable transaction naming in Banno's PFM tools.
• FinicitycoreTechnology or IntegrationFinicity (owned by Mastercard) provides external account connection and aggregation services. Banno partnered with Finicity to enable accountholders to connect external accounts securely via OAuth 2.0, replacing screen-scraping with direct API connections.
• GeezeocoreTechnology or IntegrationGeezeo provides personal financial management (PFM) technology including budgeting, cashflow analysis, and financial goals features. Acquired by Jack Henry and integrated natively into the Banno platform.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Alkami Technology: Public cloud-based digital banking platform serving US community and regional banks and credit unions. Closest direct competitor to Banno, with similar feature breadth (digital banking, PFM, business banking, account aggregation) and overlapping target customer segment.
• Q2 Holdings: Digital banking and lending platform serving community and regional FIs with solutions for online/mobile banking, lending, and account opening. Competes head-to-head with Banno for the same US community/regional FI customers.
• nCino: Cloud banking platform offering digital account opening, loan origination, and commercial banking workflows to FIs of varying sizes. Increasingly competing with Banno in the community/regional FI segment with stronger commercial banking capabilities.
• Lumin Digital: Digital banking platform purpose-built for credit unions. Competes directly with Banno for the credit union segment of Banno's customer base with a similarly modern, cloud-native architecture.
• Backbase: Digital banking platform provider serving mid-to-large banks globally with a unified Engagement Banking platform. Competes with Banno for mid-sized FIs and brings more international footprint and enterprise feature depth.

Broad incumbents

• Temenos: Global banking software vendor offering both core and digital banking platforms across hundreds of FIs worldwide. Broader incumbent competing for the same digital banking RFPs but with a heavier, more legacy architecture than Banno.
• Fiserv: Large incumbent fintech with core banking, digital channels, and merchant solutions serving thousands of US FIs. Overlaps with Banno through digital banking offerings bundled into its core platform footprint.
• FIS: Major banking technology incumbent providing core, digital, and payments platforms to FIs globally. Competes with Banno at the digital banking layer, particularly for larger and mid-market FIs.

Emerging players

• Bankjoy: Smaller digital banking platform vendor focused on modern mobile and online banking for community banks and credit unions. Emerging competitor in the same target segment as Banno with a narrower feature set.

Others

• MX Technologies: Financial data platform providing account aggregation, data analytics, and PFM capabilities. Functions both as a data aggregator partner to Banno and as an adjacent/competing capability layer that FIs may substitute.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/banno
• Xx.com/BannoJHA

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banno