CUES Podcast

The Challenge and the Fun of Fintech Integrations

• CUES

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Peter Glyman finds it fun to say “yes” to a fintech integration with a Jack Henry product.

Glyman is managing director of corporate strategy at Jack Henry, a CUES Supplier member and the sponsor of this episode. In the show, he talks about his fintech experience as the co-founder in 2006 of personal financial management tool Geezeo, which Jack Henry acquired in 2019 and subsequently integrated with its Banno Digital Platform.

In the show, Glyman says a best practice for credit unions when it comes to fintech might be “getting involved.” This could be watching fintechs directly; starting a credit union service organization to work together with other CUs in monitoring the environment; or partnering with a larger group like Jack Henry that’s vetting fintechs and choosing which to integrate into its products.

Glyman also talks about application programming interfaces—or APIs—what they are,
why they’re important and the value of knowing a fintech has published theirs. And in addition to talking about Jack Henry-fintech integrations he thinks are particularly excellent, he also describes financial technology he’s been following.

“I spent a fair amount of time the last couple of years looking at blockchain and crypto for Jack Henry and how that is relevant for our credit union clients,” he says in the show. “… We're looking at wealth tech as an area of interest, allowing credit union members to be able to buy fractional shares of stocks or create portfolios. I think that's a missing piece in the member experience with their credit.”

He also invited credit union leaders to reach out to him via LinkedIn about the technology they’re interested in—or just to talk fintech in general. “What areas are you interested in?” he asked. “What new technologies interest you? I'd love to hear that."

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