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Blend Expands Product Suite with Business Deposit Account Opening
Blend Expands Product Suite with Business Deposit Account Opening

Business Wire

time07-05-2025

  • Business
  • Business Wire

Blend Expands Product Suite with Business Deposit Account Opening

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced the launch of its Business Deposit Account Opening solution, now available as part of Blend's unified Consumer Banking Suite. With this addition, financial institutions can now serve both consumers and businesses through a single, omnichannel platform that also supports personal loans, credit cards, auto loans, and home lending—helping financial institutions streamline operations, strengthen customer loyalty, and accelerate deposit and lending growth. 'Whether serving consumers or businesses, the best experiences are simple, fast, and connected—across every channel," said Srini Venkatramani, Head of Product, Technology, and Client Operations at Blend. "With Blend's unified platform, financial institutions can deliver seamless, digital-first onboarding that deepens relationships from the very first interaction." One Platform for Business & Consumer Deposit Growth Today, many financial institutions rely on multiple, disconnected systems to support deposits, personal loans, credit cards, auto loans, and home lending—leading to fragmented customer experiences and operational inefficiencies. Blend's Business Deposit Account Opening solution addresses this challenge by bringing consumer and business deposit onboarding together on a single platform. It supports all business types and structures—including sole proprietors, LLCs, partnerships, corporations, and nonprofits—and is purpose-built to meet the needs of small businesses seeking fast, frictionless access to banking services. With features like pre-filled applications, co-owner invites, built-in Know-Your-Business (KYB) and compliance checks, and full omnichannel support, Blend removes onboarding friction and enables real-time collaboration between applicants and bankers. Financial institutions can deliver consistent, modern experiences across digital, branch, and contact center channels. Key Benefits of Blend Deposit Accounts include: Simplify onboarding across products — Onboard business and consumer deposits, auto loans, credit cards, and auto loans on one platform—creating a consistent experience for both customers and staff. Deliver deeper customer engagement — Strengthen relationships by surfacing cross-sell opportunities, including the ability to onboard beneficial owners as members when opening business accounts. Boost banker productivity — Empower teams with automation and integrated tools to deliver seamless experiences across digital, branch, and phone—freeing them to focus on customer relationships, not paperwork. 'This new solution demonstrates Blend's commitment to ongoing innovation, ' Venkatramani added. 'We continue to partner with some of the country's leading financial institutions to co-create the future of banking.' For information on Blend's Business Deposit Account Opening, visit About Blend 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 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.

Blend Joins the Jack Henry™ Vendor Integration Program
Blend Joins the Jack Henry™ Vendor Integration Program

Yahoo

time24-02-2025

  • Business
  • Yahoo

Blend Joins the Jack Henry™ Vendor Integration Program

VIP enables Blend to integrate with SilverLake System® and Symitar® 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 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 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 Contacts Press ContactChloé DemeunynckCorporate Communicationspress@ Sign in to access your portfolio

Blend Joins the Jack Henry™ Vendor Integration Program
Blend Joins the Jack Henry™ Vendor Integration Program

Yahoo

time24-02-2025

  • Business
  • Yahoo

Blend Joins the Jack Henry™ Vendor Integration Program

VIP enables Blend to integrate with SilverLake System® and Symitar® 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 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 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 Contacts Press ContactChloé DemeunynckCorporate Communicationspress@

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