Blend Joins the Jack Henry™ Vendor Integration Program
SAN FRANCISCO, February 24, 2025--(BUSINESS WIRE)--Blend Labs, Inc., a leading origination platform for digital banking solutions, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Blend with access to Jack Henry's technical resources to enable Blend's digital platform to integrate with SilverLake System® and Symitar®.
The Vendor Integration Program is designed to help ensure that Jack Henry's customers can easily deploy third-party products.
Blend's digital platform integrates with SilverLake System via jXchange™, a services-based programming interface that enables third-party vendors and banks to access the platform's core data and business rules. The integrity of data is maintained throughout any data exchange, because access to business rules and data is managed through a service layer that governs these interactions.
In addition, Blend's digital platform integrates with Symitar via SymXchange™, which performs the same functions to connect third-party vendors with credit unions. As a VIP member, Blend gains direct access to Jack Henry's technical resources and testing environments, significantly streamlining the development and validation of robust integrations.
This translates to faster deployment of Blend's solution for lenders using these core systems, empowering them to quickly modernize their operations, enhance the applicant experience, and realize the full benefits of the integrated platform more rapidly. Financial institutions can rapidly modernize their deposit account opening operations, offering a more seamless and efficient experience for their accountholders.
"This expanded collaboration with Jack Henry showcases Blend's deep commitment to developing proven integrations that enable banks and credit unions to support accountholder needs seamlessly and efficiently," said Srini Venkatramani, Head of Product, Technology, and Client Operations at Blend. "By connecting Blend's account opening solutions with Jack Henry's robust core systems, banks and credit unions can leverage data to personalize the applicant journey, streamline operations, and ultimately deliver a better lending experience for everyone."
Jack Henry's VIP takes the accountholder out of the middle, providing vendors with direct access to Jack Henry's technical resources and test systems. VIP inclusion is not an endorsement of the vendor's product.
About Blend Labs, Inc.
Blend Labs, Inc. (NYSE: BLND) is a leading origination platform for digital banking solutions. Financial providers—from large banks, fintechs, and credit unions to community and independent mortgage banks—use Blend's platform to transform banking experiences for their customers. Better banking starts on Blend. To learn more, visit blend.com.
About Jack Henry & Associates, Inc.®
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at jackhenry.com.
Forward-Looking Disclaimer
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements generally relate to future events, future performance or expectations and involve substantial risks and uncertainties. Forward-looking statements in this press release may include, but are not limited to, our expectations regarding our product roadmap, future products/features, the timing of new product/feature introductions, market size and growth opportunities, macroeconomics and industry conditions, capital expenditures, plans for future operations, competitive position, technological capabilities and strategic relationships, as well as assumptions relating to the foregoing. The forward-looking statements contained in this press release are subject to risks and uncertainties that could cause actual outcomes to differ materially from the outcomes predicted. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "could," "would," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other comparable terminology that concern Blend's expectations, strategy, plans or intentions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which such performance or results will be achieved, if at all. Further information on these risks and uncertainties are set forth in our filings with the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Blend and assumptions and beliefs as of the date hereof. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. Except as required by law, Blend does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250224967566/en/
Contacts
Press ContactChloé DemeunynckCorporate Communicationspress@blend.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
San Francisco Chronicle
2 minutes ago
- San Francisco Chronicle
Fluent: Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Fluent, Inc. (FLNT) on Tuesday reported a loss of $7.2 million in its second quarter. The New York-based company said it had a loss of 30 cents per share. Losses, adjusted for one-time gains and costs, were 24 cents per share. The data and analytics company posted revenue of $44.7 million in the period. _____
Miami Herald
6 minutes ago
- Miami Herald
Unusual Machines Secures $1.6 Million Order for Aura Cameras and HDO+ Goggles to Support U.S. Defense Supply Chain
ORLANDO, FLORIDA / ACCESS Newswire / August 19, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a provider of NDAA-compliant drone components, today announced a $1.6 million purchase of Fat Shark Aura cameras and HDO+ goggles placed by a domestic defense drone manufacturer. The components will be delivered through the U.S. defense supply chain, reinforcing Unusual Machines' role as a trusted supplier of compliant equipment. The Fat Shark Aura cameras are included in the Blue UAS Framework, confirming compliance with Department of Defense and NDAA standards. The HDO+ goggles offer high-clarity optics with the largest field of view of any analog FPV headset currently on the market, allowing operators to switch between 4:3 and 16:9 aspect ratios without narrowing the field of vision. Production will begin immediately, with initial deliveries scheduled for the end of September and the remainder completed by December. "This order represents a milestone for Unusual Machines and, importantly, reflects the trust our customers place in us to deliver large quantities of critical components," said Allan Evans, CEO of Unusual Machines. "By keeping cash reserves strong, scaling inventory ahead of demand, and strengthening our supply chain for larger volumes, we can execute quickly and reliably. This mindset allows us to accelerate delivery, ensure dependability, and expand manufacturing so more drone capability is built in the United States." Today's announcement reflects the growing scale of opportunities for Unusual Machines. While this order will ship from existing production lines, the upcoming U.S.-based manufacturing facility for HDO+ goggles underscores the company's long-term strategy to onshore even more production, keep pace with government demand, and deliver the capacity needed for future growth. Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. These statements include: our expectation that we will deliver initial orders of the Aura cameras and HDO+ goggles by the end of September 2025 and the balance of the orders by December 2025, our ability to execute orders, our quickly and reliably, and our expectation that we will be successful leasing a new facility and expand our manufacturing footprint and build our headset production capabilities. The results expected by some or all of these forward-looking statements may not occur. Factors that affect our ability to achieve these results include our expectation that we will commence operations in our new Orlando manufacturing facility in September 2025 and close the Rotor Lab acquisition in the third quarter of 2025, the continued availability of commercial real estate near our Orlando, Florida facilities, the availability of a satisfactory labor pool, potential supply chain issues, the impact from tariffs including inflation, and the Risk Factors contained in our Form 10-Q, filed with the SEC on May 8, 2025, Prospectus Supplement filed with the Securities and Exchange Commission (the "SEC") on March 6, 2025 and in our Form 10-K for the year ended December 31, 2024. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. About Unusual Machines Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, please visit Investor Contact: CS Investor Relationsinvestors@ Media Contact: media@ SOURCE: Unusual Machines, Inc.
Yahoo
6 minutes ago
- Yahoo
What Are Wall Street Analysts' Target Price for Diamondback Energy Stock?
Diamondback Energy, Inc. (FANG), headquartered in Midland, Texas, operates as an independent oil and natural gas exploration and production company. With a market cap of $40.6 billion, the company acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Shares of this leading independent oil and gas company have considerably underperformed the broader market over the past year. FANG has declined 28.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.4%. In 2025, FANG stock is down 14.4%, compared to the SPX's 9.7% rise on a YTD basis. More News from Barchart Crude Oil Little Changed Ahead of Trump-Zelenskiy Meeting Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Narrowing the focus, FANG's underperformance is also apparent compared to the iShares U.S. Oil & Gas Exploration & Production ETF (IEO). The exchange-traded fund has declined about 9.2% over the past year. Moreover, the ETF's 1.5% dip on a YTD basis outshines the stock's double-digit losses over the same time frame. On Aug. 4, FANG shares closed up more than 1% after reporting its Q2 results. Its adjusted EPS of $2.67 topped Wall Street expectations of $2.63. The company's revenue was $3.7 billion, topping Wall Street forecasts of $3.3 billion. For the current fiscal year, ending in December, analysts expect FANG's EPS to decline 20.1% to $13.24 on a diluted basis. The company's earnings surprise history is mixed. It beat the consensus estimate in three of the last four quarters while missing the forecast on another occasion. Among the 29 analysts covering FANG stock, the consensus is a 'Strong Buy.' That's based on 23 'Strong Buy' ratings, three 'Moderate Buys,' and three 'Holds.' The configuration has been consistent over the past three months. On Aug. 14, Piper Sandler Companies (PIPR) analyst Mark Lear kept an 'Overweight' rating on FANG and lowered the price target to $222, the Street-high price target, implying an ambitious potential upside of 58.3% from current levels. The mean price target of $185.32 represents a 32.2% premium to FANG's current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
