Jack Henry integrates Visa Direct for faster fund transfers

Jack Henry has partnered with Visa to integrate Visa Direct into its Rapid Transfers service. This addition allows for real-time fund transfers to eligible cards, bank accounts, and wallets globally. The collaboration builds on Jack Henry's previous partnership with Moov, aiming to modernize digital payments for community and regional financial institutions. The service will enhance access to funds for urgent payments and expenses. Visa Direct will enable funds to be available within one minute, improving transaction speed. This development reflects a broader trend in payment networks moving towards faster, direct account-to-account transactions.