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 & Associates (NASDAQ: JKHY) announced that chairman John F. Prim will retire on June 30, 2021, after 26 years with the company and nearly 12 years as CEO. His leadership has been pivotal in driving the company’s growth. David Foss, the current CEO, acknowledged Prim's contributions and noted that a search for a new board member is already underway. This leadership transition signals a shift but also highlights the strength of the existing management team as they continue to navigate the financial services technology landscape.
Jack Henry & Associates (NASDAQ: JKHY) reported third-quarter fiscal 2021 results with GAAP revenue increasing 1% to $433.8 million, while non-GAAP adjusted revenue rose 6% to $429.4 million. For the first nine months, GAAP revenue grew 2% to $1.3 billion, and GAAP EPS increased slightly to $3.08. Operating income decreased by 1% for the quarter but remained stable year-to-date. The company continues to face headwinds from reduced deconversion fees and decreased hardware revenues due to M&A activity decline. Cash on hand was $70.1 million, down from $109.5 million a year ago.
Jack Henry & Associates (NASDAQ: JKHY) announced that Stride Bank utilized its BusinessManager accounts receivable financing program to provide a $15 million credit facility to a pipeline inspection company. This financing aims to enhance cash flow and support business growth post-pandemic. Stride Bank emphasized the ease and speed of the financing process facilitated by Jack Henry's program, which allows for real-time visibility into borrowers' financial activity. The partnership aims to assist local businesses in their recovery while also creating new revenue sources for financial institutions.
Jack Henry & Associates (NASDAQ: JKHY) announced a virtual Analyst Conference on May 11, 2021, starting at 1:00 p.m. Central. The conference will last approximately 4½ hours, featuring presentations from senior leadership and a live Q&A session. Key agenda items include a financial overview for the fiscal third quarter, insights on operating segments, and updates on significant initiatives. A live broadcast and on-demand replay will be available post-event. For an invitation, contact Vance Sherard.
Jack Henry & Associates (NASDAQ: JKHY) has enhanced its Gladiator Virtual Information Security Officer (vISO) service by introducing a Governance, Risk, and Compliance (GRC) Software as a Service (SaaS) platform. This new service provides financial institutions with automated tools for managing risk assessments, assets, business continuity plans, and vendor management records. The enhancement aims to improve IT security compliance amidst increasing regulatory pressures, offering real-time risk data and unified risk management capabilities.
Jack Henry & Associates (NASDAQ: JKHY) announced it will host a live webcast for its third quarter fiscal year 2021 earnings call on May 4, 2021, starting at 7:45 a.m. Central (8:45 a.m. Eastern). The earnings press release will be issued after the market closes on May 3, 2021. This call can be accessed via the Jack Henry website with information available for dial-in participants. Jack Henry serves around 8,500 clients with services tailored for community banks, credit unions, and financial institutions through its various divisions.
Jack Henry & Associates (NASDAQ: JKHY) reported significant adoption of its digital banking solutions amid increasing demand from regional and community banks. Over 400 institutions have deployed the Banno Digital Platform, engaging 4.3 million users since January 2020. Additionally, 120 banks are digitizing lending via Jack Henry Lending, and over 115 institutions are utilizing the JHA PayCenter. The pandemic spurred a surge in digital service demand, with 87% of consumers planning to maintain increased digital usage, indicating a lasting shift in financial services.
Jack Henry & Associates (NASDAQ: JKHY) announced that Univest Bank and Trust Co, with $6.3 billion in assets, has expanded its partnership to utilize the Banno Digital Platform. This suite of digital solutions will enhance customer experience with features like Banno Conversations, which allows real-time support from local representatives. Additional tools, JHA PayCenter and JHA OpenAnywhere, aim to increase customer engagement and streamline account opening. Univest aims to maintain human connection alongside digital transformation, positioning itself for future growth.
Jack Henry & Associates (NASDAQ: JKHY) has confirmed participation in the FedNow pilot program, aimed at enhancing instant payment solutions. This collaboration allows banks and credit unions using JHA PayCenter™ to connect seamlessly with emerging payment networks. Early involvement enables Jack Henry to influence the FedNow Service's development, projected for broader availability in 2023. By partnering with Jack Henry, financial institutions can reduce costs and implementation time compared to independent methods. The FedNow Service is designed to achieve real-time payment processing for financial entities across the U.S.
Jack Henry & Associates (NASDAQ:JKHY) announced that the State Department Federal Credit Union (SDFCU) has migrated its core and IT infrastructure to Jack Henry's private cloud. This strategic move aims to enhance operational flexibility and improve service offerings, especially allowing for remote work capabilities. By outsourcing IT services, SDFCU can now focus on innovation and reduce IT-related operational costs, while benefiting from Jack Henry's security and compliance expertise. This collaboration exemplifies the efficiency and adaptability of Jack Henry's cloud solutions.