- Rego Payment Architectures, Inc. (OTCQB:RPMT) has joined the Jack Henry™ Vendor Integration Program (VIP).
- Integration allows Rego's platform to connect with Symitar® via SymXchange™, facilitating data access and rule handling.
- The platform offers COPPA and GDPR-compliant products for youth banking and senior financial management.
Rego Payment Architectures, Inc. (OTCQB:RPMT) has announced its participation in the Jack Henry™ Vendor Integration Program (VIP), a move that will enable the integration of its platform with Jack Henry's Symitar® through the SymXchange™ interface. This development aims to enhance the interoperability of Rego's white-labeled family financial lifecycle solutions with credit unions, ensuring seamless access to core data and business rules while upholding data integrity.
The Rego platform is distinguished by its compliance with the Children’s Online Privacy Protection Act (COPPA) and General Data Protection Regulation (GDPR), offering specialized banking products tailored for both younger and older demographics. The youth banking products are designed to attract the next generation of account holders, whereas senior financial management solutions are crafted to aid caregivers in monitoring the financial well-being of elderly family members.
Peter S. Pelullo, CEO of Rego, expressed enthusiasm about the collaboration, stating, "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."
Jack Henry’s VIP program supports vendors by providing direct access to technical resources and test systems, making it easier for them to deploy third-party products without requiring direct customer intervention. This initiative is part of Jack Henry's broader strategy to foster a collaborative ecosystem for financial institutions, enhancing their ability to differentiate and compete in the market.
