Open-loop, cloud-native, AI-driven solution reduces payments friction and financial fragmentation
Operating as the industry's only financial institution-centric, open-loop, real-time P2P payments solution,
Today, people expect secure, convenient, flexible ways to send and receive money in the moment of need and this next-generation solution enables banks and credit unions to meet those expectations. Offering convenience-driven, real-time payments allows money to be securely sent to virtually anyone in three clicks, allows banks and credit unions to remain at the center of the payment experience, and ultimately reduces payments friction and financial fragmentation.
"The demand for P2P payments is strong and growing, and offering instant payments has evolved from a competitive distinction into a competitive necessity," said
Jack Henry (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are a S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 45 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 8,000 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical facts are "forward-looking statements." Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's
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Company: Jack Henry & Associates, Inc.,663 Highway 60, P.O. Box 807, Monett, MO 65708; or Analyst Contact: Vance Sherard, CFA, Vice President, Investor Relations, (417) 235-6652; or Press Contact: Mark Folk, Sr. Manager, Corporate Comm, (704) 890-5323