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) will host a live Webcast for its third quarter fiscal year 2022 earnings conference call on May 4, 2022. The earnings press release will be issued after market close on May 3, 2022. The call starts at 7:45 a.m. Central Time and can be accessed on the Jack Henry website. The earnings call can also be joined via US and international dial-in numbers. Jack Henry is a leading SaaS provider for the financial services sector, serving over 8,000 clients through various solutions.
Old Second National Bank has enhanced its partnership with Jack Henry to bolster its digital growth strategy. The collaboration is expected to yield operational efficiencies and advanced banking services by utilizing Jack Henry's technology, including the Banno Digital Platform and jhaEnterprise Workflow. This expansion follows a seven-year modernization journey to upgrade Old Second's technology infrastructure. The bank aims to better serve its customers with innovative fintech solutions via Jack Henry's extensive network of partners.
Jack Henry (NASDAQ: JKHY) announced that Lea County State Bank, based in Hobbs, N.M., will upgrade its technology platform using Jack Henry's digital solutions. This $600-million asset bank aims to compete effectively against larger institutions while enhancing customer satisfaction through modern technology.
The engagement will include the Banno Digital Platform™ and access to over 850 third-party fintechs, ensuring a streamlined experience for both business and retail clients. This partnership reinforces Jack Henry's commitment to community banking and digital transformation.
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Plinqit has integrated its savings platform with Jack Henry's Banno Digital Platform, enabling users to earn while learning about personal finance. This collaboration allows community banks and credit unions to offer unique savings solutions at lower costs than traditional accounts. Plinqit's Build Skills™ feature incentivizes financial literacy, catering to the Millennial demographic. Jack Henry emphasizes the importance of innovation in digital banking, providing tools for fintech collaborations that enhance customer experiences.
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Jack Henry & Associates (NASDAQ: JKHY) announces that three de novo banks—Bank of Burlington, RockPoint Bank, and Moultrie Bank & Trust—have chosen its technology to enhance local financial services accessibility. The banks aim to compete against larger institutions with Jack Henry's flexible and digital-focused solutions. RockPoint Bank surpassed $100 million in assets within nine months of its launch, leveraging Jack Henry's tech to connect with fintechs. These partnerships signify Jack Henry's commitment to equipping new banks with vital technology strategies to thrive.
Jack Henry & Associates (NASDAQ: JKHY) announced that CEO David Foss will present at two upcoming conferences: the Raymond James 43rd Annual Institutional Investors Conference on March 8, 2022, at 11:35 am ET, and the Wolfe Research FinTech Forum on March 9, 2022, at 10:25 am ET. Live webcasts of both presentations will be available online. Jack Henry is a leading technology provider for the financial services sector, supporting approximately 8,000 clients through its brands, including Jack Henry Banking and Symitar.
Unifimoney Inc. announced its digital wealth management platform is now integrated with Jack Henry's Banno Digital Platform. This allows community and regional banks to offer their customers access to trade thousands of stocks, ETFs, cryptocurrencies, and precious metals. The integration uses the Banno Digital Toolkit, streamlining fintech service embedding for financial institutions. The partnership aims to democratize investment access, enhancing local banking services and catering to increased consumer interest in both conventional and alternative investments.
Jack Henry & Associates (NASDAQ: JKHY) has introduced its new Performance Scorecard tool as part of the Independent Community Bankers of America (ICBA) Preferred Service Provider program. This tool assists community banks in automating their incentive compensation systems and provides timely performance tracking. With customizable features, it connects compensation to performance metrics, enhancing employee retention and satisfaction amidst labor market challenges. The Performance Scorecard can function independently or integrate with the Financial Performance Suite for improved data consistency.