Jack Henry(JKHY)

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Jack Henry's Credit Union Community Participates in CU Build's Fourth Annual Build-A-Thon Event
Prnewswire· 2024-09-18 12:30
Core Insights - The CU Build event, organized by Jack Henry and CU Build, focused on fostering innovation and collaboration within the credit union industry, setting a new attendance record with 54 participants from 29 credit unions across 26 states [2][3] Group 1: Event Overview - The event took place in Salt Lake City, Utah, and lasted three days, where teams developed solutions under the theme "Pioneering Progress" [2] - Participants had access to Jack Henry's Symitar core and various fintech solutions, allowing for a diverse range of innovative projects [3] Group 2: Winning Solutions - The 'Best in Show Award' was awarded to the 'Trailblazers' team for their AI-powered tool 'Path to Prosperity,' which assists members in mortgage loan processes [3] Group 3: Participant Feedback - Participants expressed that CU Build provides a unique environment to explore and test new ideas, enhancing their skills and collaboration [4] - The event was highlighted as a valuable learning experience, with participants noting the intense but rewarding nature of the competition [4] Group 4: Industry Impact - The event showcased the importance of combining open technology with a collaborative community to create member-focused solutions [4] - Teams were noted for their innovative integration of the Symitar core, addressing real industry challenges [4] Group 5: Company Background - Jack Henry is a financial technology company that connects financial institutions with their clients, emphasizing openness and collaboration [5] - The company serves approximately 7,500 clients, providing technology solutions that promote financial health and innovation [6]
Why Jack Henry (JKHY) is a Top Growth Stock for the Long-Term
ZACKS· 2024-09-11 14:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. Wha ...
AmeriCU Credit Union Leverages Jack Henry to Fuel Community Reinvestment and Growth
Prnewswire· 2024-09-11 12:30
Long-term alliance amplifies credit union's impact on local communities MONETT, Mo., Sept. 11, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that AmeriCU Credit Union is leveraging its technology infrastructure and expertise to expand geographically and meet more community needs. Founded in 1950 at Griffiss Air Force Base in Rome, N.Y., AmeriCU provides military personnel and an expanded field of membership with solutions to help them achieve their financial goals and make banking easier. ...
Bank Director's 2024 Technology Survey Examines Technology Plans at U.S. Banks
Prnewswire· 2024-09-10 15:00
Bank Director's 2024 Technology Survey highlights the state of technology adoption and concerns among U.S. bank leaders. NASHVILLE, Tenn., Sept. 10, 2024 /PRNewswire/ -- Bank Director, the leading information resource for directors and officers of financial institutions nationwide, released the results of its 2024 Technology Survey, sponsored by financial technology provider Jack Henry. The findings reveal how today's bank leaders think about strategy, resources, emerging technologies and fraud. Banks incre ...
Jack Henry Again Named to IDC FinTech Rankings Top 25
Prnewswire· 2024-09-09 14:00
Core Insights - Jack Henry ranked No. 11 in IDC's 2024 FinTech rankings, marking the 16th consecutive year on the list [1] - The IDC projects that global spending on information technology in the financial services industry will exceed $800 billion by 2026 [2] - Jack Henry's commitment to innovation aims to empower community and regional financial institutions to enhance customer experience and operational excellence [3] Company Overview - Jack Henry is an S&P 500 financial technology company that connects financial institutions with their clients, offering a range of technology solutions for over 48 years [5] - The company serves approximately 7,500 clients, focusing on user-centric innovation and personal service [5] Industry Context - The IDC FinTech Rankings have been produced for 20 years, now including the top 150 solutions providers to accurately represent the largest FinTechs globally [4] - Technology companies in the IDC FinTech Rankings are essential for delivering modern digital experiences across all aspects of a customer's financial journey [4]
Jack Henry CFO to Present at Goldman Sachs Event
Prnewswire· 2024-09-04 20:15
Company Announcement - Jack Henry & Associates, Inc. will participate in the Goldman Sachs 2024 Communacopia + Technology Conference on September 10, with CFO Mimi Carsley presenting at 11:10 a.m. ET [1] - A live webcast of the presentation will be available for access [1][2] Company Overview - Jack Henry is a financial technology company listed on Nasdaq (JKHY) and is part of the S&P 500, focusing on enhancing connections between financial institutions and their clients [3] - The company has been providing technology solutions for over 48 years, empowering approximately 7,500 clients with innovative and user-centric services [3]
Jack Henry and Moov to Simplify Digital Payments for Small Businesses
Prnewswire· 2024-09-03 13:00
Core Viewpoint - Jack Henry collaborates with Moov to enhance digital payment services for small and medium-sized businesses (SMBs) through community and regional financial institutions, aiming to improve service offerings and capture more deposits from SMBs [1][4]. Group 1: Collaboration and Service Features - The partnership will enable SMBs to accept payments via mobile devices, receive same-day funds, and automate reconciliations with accounting software [2][6]. - The service is designed to reduce fragmentation in banking relationships for SMBs, allowing community banks and credit unions to centralize their services [4][7]. - The solution will include features such as one-click enrollment, automated transaction processing, and instant balance transfers [7]. Group 2: Market Context and Strategic Importance - There are approximately 33.3 million small businesses in the U.S., representing 99.9% of all U.S. firms, with a significant portion banking with larger institutions [4]. - Jack Henry's 2024 Strategy Benchmark Survey indicates that 78% of clients plan to expand their small business capabilities, with nearly 70% focusing on payment services [5]. - The collaboration aligns with the strategic priority of financial institutions to grow SMB deposits, which are typically higher than retail deposits [4]. Group 3: Future Developments - Beta testing for the new payment solution is expected to begin by mid-2025, with further details to be shared during Jack Henry's 2024 Investor Day [7].
Here's Why Jack Henry (JKHY) is a Strong Momentum Stock
ZACKS· 2024-08-29 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Za ...
Jack Henry to Host 2024 Investor Day
Prnewswire· 2024-08-27 20:15
MONETT, Mo., Aug. 27, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced that the company is hosting its annual Investor Day on Thursday, Sept. 5, 2024, beginning at 1 p.m. CT (2 p.m. ET). The company's senior leadership team will host a series of presentations and participate in Q&A sessions. A live audio broadcast and presentation materials will be accessible from the company's Investor Relations website and on-demand replay of the event will be available after the event. About J ...
Jack Henry & Associates Announces Regular Quarterly Dividend
Prnewswire· 2024-08-26 12:00
MONETT, Mo., Aug. 26, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.55 per share. The cash dividend on its common stock, par value $.01 per share, is payable on September 27, 2024, to stockholders of record as of September 6, 2024. About Jack Henry & Associates, Inc.® Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions an ...