Jack Henry’s Tap2Local Wins 2026 Small Business Payments Solution of Year
Jack Henry’s Tap2Local solution was awarded "Small Business Payments Solution of the Year" in the 10th annual FinTech Breakthrough Awards for 2026. The cloud-native product, delivered through the Banno Digital Platform in collaboration with Moov, offers hardware-free tap-to-pay on mobile devices and continuous account reconciliation.
1. Award Recognition
Jack Henry’s Tap2Local solution was recognized as the "Small Business Payments Solution of the Year" in the 10th annual FinTech Breakthrough Awards for 2026. This accolade highlights the product’s industry leadership among global financial technology offerings.
2. Product Overview
Tap2Local is a cloud-native digital payments solution delivered through the Banno Digital Platform and developed in collaboration with Moov. It enables financial institutions to provide SMB customers with a unified, intuitive payments experience.
3. Key Features
The solution offers easy enrollment, tap-to-pay functionality on iOS and Android devices without additional hardware, and continuous account reconciliation with merchants’ chosen accounting platforms. These capabilities streamline payments and reduce operational complexity.
4. Strategic Implications
As a core component of Jack Henry’s SMB strategy, Tap2Local aims to recapture deposits, enhance client relationships, and position banks and credit unions as central hubs for business account management. Market recognition may accelerate adoption among financial institutions.