The core processor Jack Henry & Associates Inc. has accepted the financial management software provider Geezeo Inc. into its Symitar unit's vendor integration program.
As part of this program, Geezeo, of Tolland, Conn., can keep its software more tightly integrated with Symitar's Episys core processing system and thus make it more readily available the credit union clients Geezeo shares with Symitar.
This work with Jack Henry, of Monett, Mo., is one of several Geezeo has announced in recent months to help transform itself into an online banking software provider. Its initial offering was a free-to-consumers personal financial management Web site, and last year it began selling that software to banks and credit unions. Geezeo plans to largely drop the free-to-consumer service this year.
As part of this transformation, Geezeo has been signing up with various other bank technology vendors so that prospective clients could come to it for all their online banking needs. Last year it announced deals with the bill-pay provider iPay Technologies LLC and the marketing software provider Sapient Corp.
Shawn Ward, Geezeo's co-founder, said in a press release Thursday that working with the Jack Henry unit "enables Episys users to easily deploy Geezeo's online consumer finance platform."
Other PFM providers have also grown more aggressive in serving bank needs. Wesabe Inc. also hopes to offer more online banking services and has started a Web site for banks that want to offer its software without the distraction of using an interface designed for consumers.
Jwaala, an Austin company that has long promoted the flexibility for customization its PFM software allows, announced 10 new credit union clients this week. Intuit Inc. in Mountain View, Calif., bought the PFM provider Mint Software Inc. last year and has begun integrating its popular consumer-facing software into tools Intuit supplies to banks with its FinanceWorks software.
