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Jack Henry's Credit Union Community Participates in CU Build's Fourth Annual Build-A-Thon Event
JKHYJack Henry(JKHY) 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]