MONETT, Mo., March 28, 2017 /PRNewswire/ -- Jack Henry
& Associates, Inc.® (NASDAQ:JKHY) is a leading
provider of technology solutions and payment processing services
primarily for the financial services industry. Its
ProfitStars® division today announced the addition of
its Enterprise Conversion SolutionsTM (ECS) suite and
its JHA EPS SmartPay Biller Direct℠ solution to the Independent
Community Bankers of America® (ICBA) Preferred Service
Provider program.
When banks migrate to a new system, whether it's because of a
merger or acquisition or a legacy system replacement, the project
is often resource-intensive and risky. With ProfitStars' ECS, banks
can convert and import legacy system data in a cost-efficient and
timely manner. The solutions help keep files protected and intact,
increasing overall security and compliance. As the largest
conversion business in the financial industry, the ECS team has
managed data conversion projects for more than 1,000 financial
institutions, including more than half of the largest 100 domestic
banks.
Don Gann, senior vice president
and chief information officer of First State Community Bank,
commented, "ProfitStars' ECS has been a valuable tool for
converting acquired application data archives. Every member of the
ECS team is an expert in data conversion, and they go above and
beyond to adapt their services specifically for our institution's
unique needs."
JHA EPS SmartPay Biller Direct, a fully integrated module of
JHA's Enterprise Payment Solutions™ (EPS) SmartPay Suite,
strengthens financial institutions' relationships with their
business customers by simplifying billing and payment collection,
ultimately streamlining and reducing the cost of the accounts
receivable process. By leveraging the solution, businesses are
enabled to upload and manage bill and invoice information on a
customizable, branded site. The businesses' customers can then
conveniently view bills and easily make ACH, card, PayPal or other
types of payments from their computer, mobile phone or tablet.
Dan Clancy, ICBA executive vice
president of services, said, "ICBA is dedicated to helping banks
innovate and increase efficiency across all areas of the
institution. Enterprise Conversion Solutions and JHA EPS SmartPay
Biller Direct give participating community banks access to more
secure data conversions and customized payment offerings. These
solutions showcase how banks can leverage technology to improve
processes and evolve the overall customer experience."
Russ Bernthal, president of
ProfitStars, added, "ProfitStars' Enterprise Conversion Solutions
and JHA EPS SmartPay Biller Direct are valuable resources to banks
aiming to improve their digital processes through both data
conversion efficiencies as well as e-bill, invoicing and
payments. These solutions provide ICBA community banks with
tools to increase process efficiency and positively contribute to
their bottom lines."
The ProfitStars services provided to ICBA member banks continue
to increase. Currently, the products and services offered at
exclusive discounted rates include solutions in the following
areas: data migration; electronic bill presentment; enterprise
profitability management; online lending; accounts receivable
financing; small business lending; remote deposit capture; payment,
mobile and web services; and security services.
About ICBA
The Independent Community Bankers of America®, the
nation's voice for more than 5,800 community banks of all sizes and
charter types, is dedicated exclusively to representing the
interests of the community banking industry and its membership
through effective advocacy, best-in-class education and
high-quality products and services. For more information, visit
ICBA's website at www.icba.org.
About ProfitStars
As a diverse, global division of Jack
Henry & Associates, Inc.® (JHA),
ProfitStars® combines JHA's solid technology background
with the latest breakthroughs in six performance-boosting solution
groups – Financial Performance, Imaging, JHA Payment Solutions,
Information Security & Risk Management, Retail Delivery, and
Online & Mobile. Explore the power of ProfitStars-enhanced
performance at www.profitstars.com.
About Jack Henry &
Associates, Inc.
Jack Henry & Associates,
Inc.® (NASDAQ:JKHY) is a leading provider of technology
solutions and payment processing services primarily for the
financial services industry. Its solutions serve more than 10,000
customers nationwide, and are marketed and supported through three
primary brands. Jack Henry Banking® supports
banks ranging from community banks to multi-billion dollar
institutions with information processing solutions.
Symitar® is a leading provider of information
processing solutions for credit unions of all sizes.
ProfitStars® provides highly specialized products
and services that enable financial institutions of every asset size
and charter, and diverse corporate entities to mitigate and control
risks, optimize revenue and growth opportunities, and contain
costs. Additional information is available at
www.jackhenry.com.
Statements made in this news release that are not historical
facts are forward-looking information. Actual results may differ
materially from those projected in any forward-looking information.
Specifically, there are a number of important factors that could
cause actual results to differ materially from those anticipated by
any forward-looking information. Additional information on these
and other factors, which could affect the Company's financial
results, are included in its Securities and Exchange Commission
(SEC) filings on Form 10-K, and potential investors should review
these statements. Finally, there may be other factors not mentioned
above or included in the Company's SEC filings that may cause
actual results to differ materially from any forward-looking
information.
JKHY-PS
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SOURCE Jack Henry &
Associates, Inc.