Encapture, a fast-growing AI platform that helps banks like Trustmark, Prosperity Bank, BNY Mellon and Truist automatically extract important information from documents, is partnering with Jack Henry to provide an integration to Synergy Document Management Image Repository via Jack Henry Banking's jXchange Vendor Integration Program.
The integration includes the ability to retrieve documents automatically from the repository to support compliance data scrubbing activities. Joint customers can now utilize pre-defined Synergy Search Templates to efficiently locate and retrieve any and all versions of a document. Encapture’s machine learning technology can be used to automatically split loan packages into individual documents and store them in Synergy, ensuring all supporting documents are labeled properly.
Encapture's ever-growing list of banking integrations, now including Jack Henry, is equipping financial institutions like Community Bank, Glacier Bank, Bank Plus, and Veritex Community Bank with the tools they need to create team bandwidth to address the changing regulatory compliance environment.
Veritex Community Bank, headquartered in Dallas, TX, believes Encapture’s integration with Jack Henry Synergy is a critical component in supporting their compliance team’s data validation activities.
“It’s vital for our success as an organization that our key vendors are working together and supporting our success,” says Jonah Peebles, EVP and Director of Loan Operations at Veritex. “Having Encapture and Jack Henry collaborating will only further ensure we have the systems in place to accomplish our goals.”
Encapture has an expansive list of integrations with leading FI solutions like Jack Henry Synergy, Encompass, Byte, Abrigo, and nCino as they continue working with banks and lenders to eliminate manual data scrubbing.
“Integrating with Jack Henry Synergy is a huge win for banks and lenders,” says Encapture’s CEO, Will Robinson. “This advanced integration allows Jack Henry customers to streamline their document-intensive workflows and eliminate tedious manual data entry and “stare and compare” tasks. We believe this partnership will lead to huge productivity gains for users across the Jack Henry ecosystem.”
Encapture is excited to attend and sponsor the upcoming Auto Finance Summit in Las Vegas in addition to the Small Biz Banking Conference November 12th in Nashville. Financial institution leaders can hear Encapture CRO Tyler Barron speak at the Wolters Kluwer CRA Colloquium on November 14th and can stop by Encapture’s booth to learn more about their Jack Henry integration.
To learn more about this solution, visit encapture.com/compliance
Encapture is a machine learning platform that accelerates funding times, improves loan margins and reduces regulatory risk for banks, credit unions and fintech lenders. As an omnichannel solution, Encapture easily integrates into any banking or lending process to automatically verify incoming documents, populate and validate business systems with key data points, and request additional documents that may be missing or incorrect. Visit www.encapture.com to learn more.