Tagged: jack henry

August 21, 2023 @ 3:52 pm By Omar Faridi  |  

Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry to provide a private cloud alternative for core processing and IT needs, announced “that Great NorthWest FCU, Sentry Credit Union, Georgetown Kraft Credit Union, Peoples Federal Credit Union and… Read More

August 1, 2023 @ 4:33 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JHKY) announced that Machias Savings Bank, a $2.4 billion-asset mutual savings bank, has selected Jack Henry in order “to modernize its technology stack and help it continue delivering high-level customer service as the bank grows.” Founded in 1869, Machias Savings Bank is… Read More

June 25, 2023 @ 12:33 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced the launch of Payrailz Fraud Monitor, a cloud-native, AI-based feature of the Payrailz Digital Payments Platform that “provides real-time fraud detection when payment transactions are initiated.” This customizable, proprietary feature “supports person-to-person (P2P) payments, consumer and business bill payments, and… Read More

June 4, 2023 @ 11:22 am By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced that Platinum Federal Credit Union (PFCU) is working with Jack Henry to improve their community’s financial health “by growing their membership and focusing on the financial health of their members.” PFCU claims it is “one of the fastest-growing credit unions… Read More

May 17, 2023 @ 8:18 am By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced that it is operationally ready to support the launch of the Federal Reserve’s real-time payments network, the FedNowSM Service. Jack Henry has actively “participated in the development of the newest network, expected to launch in July 2023.” More than 20… Read More

March 20, 2023 @ 4:27 pm By Omar Faridi  |  

SMA Technologies, a provider of automation solutions for financial services and the maker of OpCon Workload Automation & Orchestration, announced an expansion of its relationship with Jack Henry (Nasdaq: JKHY) in order “to include banks after successfully scaling digital business transformation with OpCon for Jack… Read More

November 16, 2022 @ 11:05 am By Omar Faridi  |  

IDScan.net announced a collaboration with Jack Henry (Nasdaq: JKHY), a financial technology provider, to provide identity validation for digital account creation “via the Jack Henry OpenAnywhereTM platform.” Through its collaboration with IDScan.net, Jack Henry says that it “offers the frictionless, mobile onboarding experience overwhelmingly preferred… Read More

November 1, 2022 @ 1:09 pm By Omar Faridi  |  

Jack Henry (NASDAQ: JKHY) announced that The Maries County Bank has selected Jack Henry “to elevate the digital customer experience and support community growth.” Vienna, Mo.-based The Maries County Bank claims it “has deep roots in the region’s agricultural industry, having served the community since… Read More

October 26, 2022 @ 10:07 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced the launch of its standalone person-to-person (P2P) payments solution. Powered by the Payrailz® Digital Payments Platform, which Jack Henry acquired September 1, 2022, the P2P solution is now “available for standalone implementation or as a strategic component of the full… Read More

October 24, 2022 @ 7:08 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced an expansion of its existing relationship with Mastercard that will “enable credit unions and banks to provide their accountholders the ability to securely see all of their financial accounts – within and outside their primary financial institution – in one… Read More

September 6, 2022 @ 4:05 pm By JD Alois  |  

Live Oak Ventures, a wholly owned subsidiary of Live Oak Bancshares (NASDAQ: LOB), is reporting that it made a $28 million gain on its exit of Payrailz which wsa purchased by Jack Henry & Associates – a banking tech provider. Payrailz is a digital payments… Read More

September 2, 2022 @ 6:27 am By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY), a provider of technology solutions for the financial services industry, announced a collaboration with Google Cloud to further “enable its multi-year next-generation technology strategy focused on helping community and regional financial institutions innovate faster and meet the evolving needs of their… Read More

August 26, 2022 @ 12:47 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced the development of Jack Henry Financial Crimes Defender, the company’s financial crimes platform. The platform, planned to launch in early 2023, will aim to “deliver community and regional financial institutions the enhanced capabilities they need, including AI/ML, to gain visibility into… Read More

August 10, 2022 @ 3:58 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (Nasdaq: JKHY) announced that it has entered into a definitive agreement to acquire Payrailz, “adding the company’s next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry’s payments ecosystem.” Based in Glastonbury, Conn., Payrailz provides cloud-native, API-first, AI-enabled… Read More

July 10, 2022 @ 9:58 am By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced that LINKBANCORP, Inc., the holding company of The Gratz Bank and LINKBANK, selected Jack Henry “to bring modern banking services to its local community.” Founded in 2018, LINKBANCORP had a vision “for entrepreneurial growth, innovation in technology… Read More

April 28, 2022 @ 2:50 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced that North Jersey Federal Credit Union (NJFCU) selected Symitar in order “to host its core in the Jack Henry private cloud and help enable its new technology strategy.” One of the key drivers of the core conversion was… Read More

April 21, 2022 @ 5:01 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) recently announced that Old Second National Bank has expanded its collaboration with Jack Henry “to support the bank’s digital and growth strategy.” Among the largest locally headquartered banks in the Chicago area, Old Second benefited from “a seven-year… Read More

March 29, 2022 @ 2:47 pm By Omar Faridi  |  

Plinqit, the “only” savings platform of its kind that pays users for learning about personal finances, revealed that its platform is now accessible via  Jack Henry’s (NASDAQ: JKHY) Banno Digital Platform. As noted in the update, Plinqit integrated to Jack Henry “using the Banno Digital… Read More

March 18, 2022 @ 3:12 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced that Bank of Burlington, RockPoint Bank and Moultrie Bank & Trust each have chosen Jack Henry’s tech platform to help them “expand access to financial services in their local communities.” Tenn.-based RockPoint Bank, Ga.-based Moultrie Bank &… Read More

December 8, 2021 @ 11:21 am By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a provider of tech solutions and payment processing services for the financial services industry. Its Symitar division announced that $1.02 billion-asset Westmark Credit Union will “convert to Symitar in a private cloud environment.” Unable to seamlessly add modern… Read More