Jack Henry integrates with Google Cloud Universal Ledger to enable tokenized deposits and settlement for banks and credit unions.
RWA & Tokenization ·
Jack Henry announced on October 16, 2026, plans to integrate its core banking technology with Google Cloud Universal Ledger, positioning itself as the first core banking provider to connect with the service and enabling banks and credit unions to offer tokenized deposits. The integration is designed to provide programmable settlement, instant payment execution around the clock, and automated workflows across institutional participants, while allowing financial institutions to maintain primary deposit relationships. The announcement describes a planned integration with no production launch date, participating bank names, or timeline for first tokenized deposits yet specified. Jack Henry says the arrangement could reduce liquidity requirements through automated clearing and multilateral netting while preserving core reserves.