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. reports developments for a financial technology company serving banks and credit unions with core processing, digital banking, payments, lending, fraud and anti-money-laundering, and data-integration capabilities. Company updates often cover client selections for outsourced core systems, the Banno Digital Platform, SilverLake, CIF 20/20, Core Director, Symitar, and third-party connections through the Jack Henry Fintech Integration Network.
Recurring news also includes quarterly earnings, deconversion revenue disclosures tied to client contract terminations after bank acquisitions, capital returns through dividends and share repurchases, credit-union and community-bank deployments, product recognition for Tap2Local, and executive participation in investor conferences.
Jack Henry & Associates (NASDAQ: JKHY) has been recognized as one of the 2022 Best Places to Work in Kentucky, ranking 14th in the large company category. This marks the tenth consecutive year the company has received this accolade, reflecting its commitment to workplace culture and professional growth. The award is based on comprehensive employee and employer surveys assessing workplace practices and policies. Jack Henry employs over 300 people in Kentucky and offers innovative solutions specifically for the financial services sector.
Jack Henry & Associates (NASDAQ: JKHY), a leading provider of technology solutions for the financial services sector, announced its executives will present at several investor conferences in June 2022. Notably, David Foss, CEO, will speak at the Morgan Stanley US Financials Conference on June 13 at 10:15 am ET and the RBC Capital Markets FinTech Conference on June 14 at 11:20 am ET. Kevin Williams, CFO, will present at the Nasdaq Investor Conference on June 14 at 4:00 am ET. Webcasts of these events will be available for later viewing.
Jack Henry & Associates (NASDAQ: JKHY) has been recognized for the fifth consecutive year as one of the 2022 Best Places to Work in Financial Technology by Arizent and Best Companies Group. The evaluation included workplace policies, employee satisfaction, benefits, and demographics across 50 participating companies. With approximately 6,800 employees and serving 8,000 clients, Jack Henry stands out as the largest company on this year’s list. CEO David Foss emphasized the company's commitment to employee welfare and a supportive culture, key to their mission in financial health.
Member Driven Technologies (MDT) has integrated DeepTarget's engagement tools into the Banno Digital Platform, enhancing digital banking experiences for credit unions. Early adopters, such as Altana FCU and LAFCU, utilize these tools for personalized messaging and improved member engagement. The integration aims to improve product cross-sales and member loyalty within a robust digital banking environment. MDT emphasizes the importance of personalization in digital interactions to drive member satisfaction and competitive differentiation.
Jack Henry & Associates (NASDAQ: JKHY) announced that David Foss, CEO, will present at two significant investor conferences in June 2022. The first will be at the Bernstein's 38th Annual Strategic Decisions Conference on June 1, 2022, at 9:00 am ET. The second presentation is at the Baird 2022 Global Consumer, Technology & Services Conference on June 7, 2022, at 12:15 pm ET. Webcasts of both presentations will be available for live viewing and replays on the company’s investor relations website.
Jack Henry & Associates (NASDAQ: JKHY) has launched a new Vendor Management Program integrated into its Governance, Risk and Compliance (GRC) Suite. This service aids financial institutions in mitigating third-party risks and aligns their programs with regulatory guidelines. The program alleviates the burden of vendor risk assessments and compliance efforts, enhancing operational efficiency. Jack Henry's open-banking platform supports over 850 third-party fintechs, promoting competitive scalability for community financial institutions in a rapidly evolving market.
Jack Henry & Associates (NASDAQ: JKHY) announced a collaboration with Array to enhance financial health for consumers through better access to credit data and personalized monitoring tools. This integration into the Banno Digital Platform aims to empower financial institutions to offer tailored credit insights directly to consumers, improving engagement and supporting financial literacy. Early adopters like Timberland Bank emphasize the importance of these tools for customer relationships and community well-being. The partnership is part of Jack Henry's ongoing commitment to advancing digital financial services.
Jack Henry & Associates (NASDAQ: JKHY) announces that Great Plains National Bank utilizes its BusinessManager® accounts receivable financing program to support local businesses in post-pandemic recovery. Great Plains Bank has provided over $1.7 billion in working capital financing to 70 companies across various industries. This collaboration has proven crucial for business growth, as evidenced by the transformation of a local startup into a company with over 300 employees. The partnership strengthens community ties and enhances the bank's financial portfolio.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced a regular quarterly cash dividend of $.49 per share, payable on June 14, 2022. Stockholders of record as of May 27, 2022 will receive the dividend. As of May 11, 2022, there were 72,864,173 shares of common stock outstanding. This decision reflects the company's commitment to returning value to its shareholders and underscores its ongoing financial health and stability.
Jack Henry & Associates (NASDAQ: JKHY) is partnering with NYDIG to enhance access to bitcoin services for financial institutions. This collaboration allows consumers and businesses to utilize NYDIG's buy-hold-sell capabilities through the Banno Digital Platform and facilitates transactions via JHA PayCenter over the RTP network. This initiative aims to address growing demand for bitcoin services and create non-interest income opportunities for banks and credit unions, ultimately improving their competitive edge.