Jack Henry Expands Collaboration with Google Cloud to Deliver Tokenized Deposits for Banks and Credit Unions
Key Highlights
- ➤Jack Henry becomes first core banking technology provider integrating with Google Cloud Universal Ledger
- ➤Tokenized deposits target deposit retention, digital payments, and new settlement capabilities
- ➤GCUL enables programmable 24/7 settlement for tokenized money and assets on shared real-time records
- ➤GCUL supports automated clearing and multilateral netting without pre-funded accounts
Expert Statements
Ben Metz, Chief Technology Officer of Jack Henry
“Tokenized deposits have the potential to reshape how money moves across the financial ecosystem”
Ben Metz, Chief Technology Officer of Jack Henry
“Our strategy is centered on helping financial institutions navigate emerging technologies and access innovative capabilities through trusted, scalable infrastructure.”
Ben Metz, Chief Technology Officer of Jack Henry
“By expanding our work with Google Cloud and serving as the first core technology provider to use GCUL, we're helping community banks and credit unions explore new opportunities while building on the relationships, service, and expertise that have always set them apart.”
James Tromans, Director, Web3 and Digital Assets at Google Cloud
“Financial innovation should be accessible to institutions of all sizes.”
James Tromans, Director, Web3 and Digital Assets at Google Cloud
“Google Cloud Universal Ledger provides a secure and scalable foundation for programmable value exchange.”
James Tromans, Director, Web3 and Digital Assets at Google Cloud
“Through our collaboration with Jack Henry, we are bringing advanced digital asset capabilities to community and regional financial institutions, helping them build on the relationships and trust they have established with their customers.”
Jack Henry Expands Collaboration with Google Cloud to Deliver Tokenized Deposits for Banks and Credit Unions PR Newswire
* Jack Henry will be the first core banking technology provider to integrate with Google Cloud Universal Ledger (GCUL) * Expanded capabilities help financial institutions innovate, retain deposits, and deliver new digital experiences * The announcement builds on the strategic relationship Jack Henry and Google Cloud established in 2022 MONETT, Mo., Oct. 16, 2026 /PRNewswire/ -- Jack Henry(®) (Nasdaq: JKHY) today announced an expansion of its collaboration with Google Cloud designed to pave the way for banks and credit unions to offer tokenized deposits through Google Cloud Universal Ledger (GCUL). As part of the expanding relationship, Jack Henry will become the first core technology provider to integrate with GCUL, helping financial institutions modernize deposit offerings, strengthen accountholder relationships, and introduce new payment and settlement capabilities. GCUL is a fully managed, distributed ledger service that enables financial institutions to tokenize and transfer money and assets on a shared, real-time record with programmable, 24/7 settlement capabilities.
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