MONETT, Mo., March 27, 2018 /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 Jack Henry Banking® division announced
today that seven banks within the last seven months have selected
to implement the Core Director® core processing platform
to compete and grow in today's market.
The Core Director platform supports progressive community banks
with enterprise-wide automation to deliver a more seamless,
simplified approach to banking. The system can be installed
in-house or implemented through JHA OutLink Processing Services™,
Jack Henry Banking's outsourced offering. More than 200 banks have
selected Core Director because of its sophisticated integration
with the products and services that community banks need to
compete, and the strategic partnership Jack Henry Banking
provides.
California International Bank, N.A. is a minority-owned
community bank devoted to serving the financial needs of the
Asian-American business community in Southern California. It is currently the only
federally chartered Vietnamese-American bank in the United States. The bank recently rebranded
and revamped its overall strategic direction to have a stronger
digital presence, and as part of this overhaul, decided to switch
core processing partners to empower them with the technology
necessary to meet this goal.
Jack Briner, California
International Bank, N.A.'s president and CEO, stated, "When
evaluating core providers, we could tell that Jack Henry & Associates would be the best
partner for our bank. The advanced technology and forward momentum
that Jack Henry Banking provides will give our bank the integrated
and robust capabilities needed to get ahead. Through this flexible
platform, we can expedite go-to-market strategies for new
functionality and provide our community with better banking
services before the competition."
State Bank of Bottineau,
located in Bottineau, North
Dakota, also recently decided to convert to Core Director.
The bank's previous core provider delivered lackluster customer
service, so they set out to find a new core partner that could
provide more attentive service while also strengthening the bank's
overall financial health. Patrick
Artz, president for State Bank of Bottineau, shared, "Jack Henry Banking is
comprised of great people who are devoted to a culture and vision
based on superior service. Implementing Core Director will allow us
to offer better, more comprehensive service to our customers
without increasing our overall head count; the added efficiencies
will enable us to deliver more using our existing resources."
Stacey Zengel, president of Jack
Henry Banking added, "It is our goal to provide dependable and
flexible technology and services so that community banks across the
country can confidently meet the demands of a constantly evolving
market. By converting to Core Director, community banks can
maximize efficiencies and customer service, and better compete with
institutions of all sizes."
About Jack Henry Banking
Jack Henry
Banking®, a division of Jack
Henry & Associates, Inc.®, is a leading
provider of integrated computer systems for banks ranging from de
novo to multi-billion dollar institutions. Jack Henry Banking
currently serves approximately 1,100 banks as a single source for
integrated, enterprise-wide automation and as a single point of
contact and support. Additional information is available at
www.jackhenrybanking.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
approximately 9,000 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-BA
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SOURCE Jack Henry &
Associates, Inc.