Welcome to our dedicated page for Jack Henry & Associates news (Ticker: JKHY), a resource for investors and traders seeking the latest updates and insights on Jack Henry & Associates stock.
Jack Henry & Associates, Inc. (Nasdaq: JKHY) is an S&P 500 financial technology company that regularly issues news about its technology platforms, client relationships, research, and corporate actions. This JKHY news page aggregates press releases and media coverage so readers can follow how the company works with banks and credit unions and how its technology evolves over time.
Recent news highlights include the rollout of Jack Henry Rapid Transfers, a cloud-native solution that enables fast, secure me-to-me money movement using debit card rails and integrations with Visa Direct and Mastercard Move. Other stories feature banks and bank holding companies such as Sanibel Captiva Community Bank, Putnam Greene Financial Corporation, CFG Bank, QCR Holdings, Inc., and Traditional Bank selecting Jack Henry’s modern core processing platforms, Banno Digital Platform, and related solutions to modernize technology, streamline operations, and enhance digital experiences.
Investors and industry professionals can also read about Jack Henry’s research initiatives, such as the 2025 Financial Sentiment Study: Consumer Report, which examines consumer financial confidence and digital expectations, as well as announcements of awards earned by client institutions using Jack Henry web hosting and design services. Corporate updates, including dividend declarations and participation in conferences hosted by firms like UBS and Nasdaq, provide additional context on the company’s financial and investor relations activities.
By reviewing the JKHY news feed, readers gain insight into how Jack Henry’s platforms are adopted across community and regional institutions, how its open ecosystem and cloud-based strategy are applied in real-world deployments, and how the company positions itself within the broader financial services technology landscape. Bookmark this page to access an organized stream of Jack Henry announcements, client case studies, research releases, and governance-related news.
Jack Henry (Nasdaq: JKHY) is launching its annual Cybersecurity and Fraud Forum on October 7, 2024, at Jack Henry Connect. The forum will then visit six cities across the USA to help community and regional financial institutions enhance their security and fraud mitigation plans. This year's theme, 'Know Your Adversary: Safer. Smarter. Together,' focuses on fraud mitigation and includes case studies and best practices for scalable, cloud-first infrastructure.
The forum attracts a diverse range of financial institutions, with about one-third of attendees from outside Jack Henry's core banking ecosystem. It offers a unique opportunity for professionals to learn from fraud and cybersecurity leaders, simulate cybersecurity incidents, and earn CPE credits. Jack Henry has been hosting these forums for over a decade, helping thousands of institutions shape their cybersecurity strategies.
In response to growing demand and evolving risk strategies, Jack Henry is expanding the forum's focus and locations. The company is also planning a new Digital Banking Forum in 2025.
Jack Henry (Nasdaq: JKHY) has expanded its collaboration with Victor Technologies, launching an embedded-payments management platform to help financial institutions capitalize on Payments-as-a-Service (PaaS) market opportunities. The platform, integrated with Jack Henry's SilverLake core, allows financial institutions to offer embedded payments to their corporate clients, software companies, and fintechs through a single API.
Key features include transaction-level, near real-time reconciliation, and a single source of truth for money movement and compliance reporting. The platform supports various payment types and use cases, including disbursements, receivables, cross-border, escrow, title, and ecommerce payments. MVB Bank, Dart Bank, and BayFirst National Bank are already using the platform, which aims to help financial institutions grow low-cost deposits and non-interest fee income.
Jack Henry™ (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon in Salt Lake City, Utah, setting a new record for credit union attendance. 54 participants from 29 credit unions across 26 states collaborated with 12 integrator partners and sponsors over three days. Teams developed solutions around the theme "Pioneering Progress," using Jack Henry's Symitar core and additional solutions.
The Best in Show Award went to 'Trailblazers' for their AI-powered mortgage loan tool, 'Path to Prosperity.' Participants praised the event for fostering innovation, collaboration, and skill development in the credit union industry. The event showcased the value of combining open technology with a community of open-minded individuals to create member-first solutions.
Backbase, creator of the Engagement Banking Platform, has joined Jack Henry's Vendor Integration Program (VIP). This integration allows Backbase to connect with Symitar, Jack Henry's core banking system, via SymXchange. The partnership aims to streamline core banking connectivity for credit unions, offering over 400 pre-integrated composable capabilities.
Key benefits include:
- Simplified integration process
- Reduced implementation time and costs
- Improved member experiences
- Enhanced digital transformation capabilities
This collaboration enables credit unions to modernize their digital infrastructure more efficiently, potentially boosting their competitiveness in the market.
Jack Henry™ (Nasdaq: JKHY) announced that AmeriCU Credit Union is leveraging its technology infrastructure to expand geographically and meet more community needs. AmeriCU, founded in 1950, has used Jack Henry's Symitar core system for 30 years, growing from $193 million to $2.7 billion in assets. The credit union serves over 164,000 members across 20 locations in Central and Northern New York.
Jack Henry's SymAdvisor consulting team helped AmeriCU launch competitive rewards checking and debit card accounts, implement data analytics solutions, and reduce account opening time from 10 to 3.5 minutes. The credit union also added features like earned wage access to differentiate itself and increase wallet share.
AmeriCU demonstrates strong community commitment, offering emergency loans during severe weather and providing discounts to first responders and military members for homeownership.
Bank Director's 2024 Technology Survey reveals key insights into U.S. banks' technology strategies and concerns. The survey, sponsored by Jack Henry, highlights that improving operational efficiency (49%), attracting and retaining customers (29%), and growing low-cost deposits (10%) are banks' primary technology objectives.
Notable findings include:
- 75% of respondents report increased technology budgets for fiscal year 2024
- 53% invested in payments, 46% in digital retail account opening
- 80% are discussing budgets for data analytics, 66% for artificial intelligence
- 60% experienced delays in technology project completion
- Only 21% measure ROI for technology projects
The survey also notes a shift in competitive landscape, with increased concern about retailers like Amazon and Walmart. Banks are increasingly hiring developers, and boards are prioritizing technology expertise.
Jack Henry (Nasdaq: JKHY) has been named to IDC's 2024 FinTech Rankings Top 25 for the 16th consecutive year, securing the 11th position. This prestigious list ranks leading companies providing hardware, software, and services to the financial services industry based on calendar-year revenue from financial institution clients. IDC projects that the financial services industry will spend over $800 billion worldwide on information technology by 2026.
Greg Adelson, Jack Henry's President and CEO, emphasized the company's commitment to delivering innovative technology that empowers community and regional financial institutions to compete effectively and meet evolving customer needs. The recognition underscores Jack Henry's role in supporting financial institutions' digital transformation initiatives.
Jack Henry & Associates, Inc. (Nasdaq: JKHY) has announced its participation in the Goldman Sachs 2024 Communacopia + Technology Conference. Mimi Carsley, CFO & Treasurer of Jack Henry, will present at the event on September 10 at 11:10 a.m. ET.
A live webcast of the presentation will be available for viewing. For those unable to attend, a replay of the event will be accessible on the company's investor relations website at ir.jackhenry.com following the live presentation.
This announcement highlights Jack Henry's commitment to engaging with investors and sharing insights about the company's financial performance and strategies.
Jack Henry (Nasdaq: JKHY) has announced a collaboration with Moov, a digital payments processor, to enhance digital payment services for small and medium-sized businesses (SMBs) through community and regional financial institutions. The cloud-native service will allow SMBs to accept payments via phone tap, receive same-day funds, and automate reconciliations with accounting software. This initiative aims to help financial institutions better serve their business clients' deposit and payment needs.
The collaboration aligns with Jack Henry's technology modernization strategy, offering API-first services to help community and regional financial institutions compete effectively. The service is expected to reduce fragmentation in SMB banking relationships and help financial institutions capture SMB deposits, which are typically higher than retail deposits. Beta testing for this multi-phased approach is anticipated to begin by mid-2025.
Jack Henry & Associates (Nasdaq: JKHY) has announced its upcoming 2024 Investor Day, scheduled for Thursday, Sept. 5, 2024. The event will commence at 1 p.m. CT (2 p.m. ET) and feature presentations from the company's senior leadership team, followed by Q&A sessions.
Investors and interested parties can access a live audio broadcast and presentation materials through Jack Henry's Investor Relations website. For those unable to attend the live event, an on-demand replay will be made available after the conclusion of the Investor Day.
This annual event provides an opportunity for stakeholders to gain insights into Jack Henry's strategies, performance, and future outlook directly from the company's top executives.