Don’t let the friendly name fool you. Hank is serious about the rules we follow to protect your identity and your cash.
That’s why Hank partners with leading banks, that debit your accounts on behalf of Hank, then the Hank system tells our bank partners to pay your bills on the dates they are due. Hank never touches your cash – Hank just manages the rules sort of like a traffic cop, directing cash to and from the appropriate destinations. When your cash is debited and held by Hank Bank partner, it is FDIC insured and protected from losses.
We use state of the art Cloud Hosting technology provided by the biggest technology companies in the world, and secured by their world class security protocols.
The Hank technology lives in the cloud and the cloud is provided by the most reputable and secure partners Hank could find!