Jack Henry & Associates Stock Price, News & Analysis

Jack Henry (Nasdaq: JKHY) announces that five financial institutions using its web hosting and design services have won 2024 WebAwards. Hocking Valley Bank secured Best Bank Website award, marking the fifth consecutive year a Jack Henry client has won a 'Best of' category. The bank reported a 19% increase in first-time visitors, 30% growth in online banking transactions, and $20 million year-over-year loan growth. Armed Forces Bank, Mid American Credit Union, Shore United Bank, and Freedom First Credit Union also received various excellence awards in the Web Marketing Association's 18th annual competition.

PortX has joined the Jack Henry Vendor Integration Program (VIP), enabling integration of its Fintech Hub with SilverLake System and Symitar. Through jXchange and SymXchange interfaces, PortX will provide banks and credit unions with streamlined access to core data and business rules. The integration offers pre-built connectors for third-party fintech applications, helping financial institutions reduce costs, simplify vendor management, and accelerate time-to-market for new solutions.

Jack Henry & Associates (NASDAQ: JKHY) has announced its upcoming first quarter 2025 earnings conference call schedule. The company will release its Q1 2025 earnings after market close on November 5, 2024, followed by a live webcast on November 6, 2024 at 7:45 a.m. Central time. The webcast will be accessible via www.jackhenry.com, with dial-in options available at 833-630-0605 (US) and +1 412-317-1830 (international).

Additionally, the company will separately release its Q1 2025 deconversion revenue results after market close on October 28, 2024, prior to the full quarterly earnings announcement.

Jack Henry (Nasdaq: JKHY) has announced the winners of its inaugural Cobalt Awards, recognizing financial institutions and fintechs for innovation, community dedication, and commitment to financial freedom. The awards were presented at Jack Henry Connect in Phoenix, Arizona on October 8, 2024.

Winners include:

• The Barrier Breaker: BankPlus and Fibre Federal Credit Union
• The Changemaker: Georgia United Credit Union and IncredibleBank
• The Integrator: DoubleCheck Solutions and FINBOA

Each winner receives a $10,000 donation to a charity of their choice. Greg Adelson, President and CEO of Jack Henry, emphasized the company's mission to strengthen connections between people and financial institutions through technology and services that reduce barriers to financial health.

Cotribute, a digital account opening and onboarding platform, has expanded its participation in the Jack Henry™ Vendor Integration Program (VIP). The company has been certified to integrate with SilverLake® and Synergy®, enabling seamless deployment of its solutions for banks and credit unions. Cotribute integrates with SilverLake via jXchange™ and with Symitar via SymXchange™, maintaining data integrity throughout exchanges.

Cotribute's platform offers 50+ account opening templates, allowing clients to deploy new modules, streamline applications, and onboard customers in less than two minutes. The solution includes instant funding options, automated KYC requirements, fraud detection, AML, identity verification, OFAC checks, and BSA compliance. This integration aims to improve accountholder experiences, drive deposits, and enhance back-office processes for community banks across the U.S.

Chimney, a fintech company, has announced that its product suite, including Chimney Home, is now accessible through Jack Henry's digital banking platform. This integration allows community and regional financial institutions to provide homeowners with tools, data, and insights to manage their homes within their banking apps. The collaboration leverages Jack Henry's API framework, contributing to its ecosystem of over 1,000 fintechs serving approximately 7,500 financial institutions.

Chimney Home offers homeowners actionable advice on home value, equity, borrowing power, and pre-qualified offers. Financial Plus Credit Union is implementing Chimney's tools to empower homeowners with personalized financial insights and enhance their digital banking experience. This integration aims to help financial institutions better engage homeowners with proactive product offers in the growing home equity market.

Jack Henry has been named to Newsweek's List of Top 200 Most Loved Workplaces for 2024, ranking 16th out of 200 companies. This marks the third consecutive year Jack Henry has placed in the top 20. The list, developed by Most Loved Workplace®, a division of Best Practice Institute (BPI), was expanded to 200 companies this year to reflect growing commitment to employee sentiment.

The ranking was determined after surveying over 2.6 million employees from various-sized businesses. Five critical areas were measured: future outlook, career achievements, alignment of employer-employee values, respect at all levels, and collaboration. Additional factors like inclusion, diversity, equity, and career development were also analyzed.

Jack Henry was also recognized among 400 companies on Newsweek's list of America's Most Admired Workplaces 2025, receiving the highest rating of five stars.

MeridianLink (NYSE: MLNK) announced that Wes Zauner, VP of Product, will present at Jack Henry Connect 2024 in Phoenix, AZ. The session, 'Getting Ready for Tomorrow: Practical Steps to Digital Progression', will showcase MeridianLink's Digital Progression Model, which helps financial institutions assess their digital state and identify growth opportunities.

The presentation will focus on five key areas for digital growth: Consumer Experience, Data-Centricity, Share-of-Wallet Growth, Instant Decisioning, and Process Automation. MeridianLink's model, built on 25 years of experience, aims to help banks and credit unions meet modern consumer expectations.

MeridianLink and Jack Henry have partnered for over 15 years, providing solutions for account opening, loan origination, and cross-selling. Attendees can visit Booth 919 to learn more about MeridianLink's offerings.

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.