Core Insights - BrightStar Credit Union (BSCU) has selected Jack Henry's Symitar platform to enhance its member services and support growth initiatives [1][3] - BSCU, founded in 1946, serves nearly 60,000 members with assets totaling $948 million, making it one of the largest credit unions in South Florida [2] - The partnership with Jack Henry is driven by shared values and a commitment to community service, aiming for a long-term relationship rather than a vendor-client dynamic [3][5] Company Overview - Jack Henry is a financial technology company listed on Nasdaq (JKHY) that provides technology solutions to financial institutions, focusing on user-centric innovation and collaboration [6] - The company has been operational for over 48 years, serving approximately 7,500 clients with a range of modern capabilities and integration options with leading fintechs [6] Technology and Services - BSCU is transitioning from an in-house core system to a private cloud environment with Jack Henry, allowing for improved operational efficiency and a focus on member service [4] - The credit union will implement Jack Henry Financial Crimes Defender to enhance security measures against fraud, replacing manual methods [4] - BSCU plans to introduce faster payment capabilities through the RTP network and FedNow Service, improving the payment experience for members [4]

Core Insights - BCU has extended its partnership with Jack Henry to leverage cloud-based technology for growth and enhanced member service [1][3][5] Company Overview - BCU has grown from $529 million in assets in 1999 to $6 billion today, serving over 350,000 members across various markets [2][3] - Jack Henry is a financial technology company that provides solutions to approximately 7,500 clients, focusing on innovation and integration with fintechs [6] Technology and Innovation - BCU has migrated its technology assets to Jack Henry's private cloud, allowing for streamlined operations and a focus on innovation [2][4] - The credit union plans to expand its member base and believes Jack Henry's cloud platform will support this growth while maintaining operational efficiency [4] Strategic Goals - BCU values the integration capabilities provided by Jack Henry's open APIs, which allow seamless collaboration with other fintechs [4] - The partnership aims to enhance payment capabilities through JHA PayCenter, utilizing services like Zelle and FedWire for improved transaction efficiency [4]