MONETT, Mo., July 23, 2019 /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 Champaign, Ill.-based Busey Bank, and holding company First Busey
Corporation, has selected the SilverLake System®
in an outsourced environment to support the institution's
strong growth with open architecture, improved workflows and
enhanced digital capabilities.
Through both organic growth and a series of strategic
acquisitions, Busey has nearly tripled in size over the last four
years. The expansion prompted the bank to conduct a thorough
technological and systems analysis, ensuring their infrastructure
could appropriately scale with the organization while enabling
future growth and an enhanced customer experience.
The bank decided to make a change, selecting Jack Henry in order
to gain significant workflow enhancements, efficiency and digital
differentiators. Jack Henry's open integration was also a
significant factor in the bank's decision; Busey liked that they
could easily connect with additional technology providers of their
choice as they grow their business to new areas, freeing them from
common limitations.
Howard Mooney, chief information
officer of First Busey Corporation, explained, "As we thoroughly
evaluated our technology across all areas of the enterprise from
personal and business banking to retail and commercial to
operations, we wanted a partner that would elevate Busey's
associate and customer experience, offer options to easily scale,
and position us for success as we continue to grow. Jack Henry
stood out on multiple fronts. Its advanced API network provides the
open architecture and sophisticated connectivity necessary for us
to chart our own course. This partnership supports our dedication
to strategic process improvements and investment in integrated
technology platforms, enabling us to better serve customers now and
in the future."
Busey has selected a suite of Jack Henry solutions spanning
retail and commercial operations. The bank looks forward to
leveraging Jack Henry's digital suite, optimizing the digital
banking experience for customers. The platform will help facilitate
more seamless and intuitive interactions, serving customers when
and how they prefer. Mooney continued, "Digital remains a critical
area for the modern customer experience, and we are confident that
Jack Henry has a strong pulse on the market. Their platform brings
a lot to the table in terms of how we can digitally connect with
clients on a personal level and the breadth of capabilities we can
deliver. Banno will help us create a faster, better, more holistic
view and experience for customers, and deliver more flexibility for
them to control and manage their finances. This is a substantial
differentiator."
Stacey Zengel, vice president of
Jack Henry & Associates and president of Jack Henry Banking,
said, "Consumers today expect freedom, flexibility, and choice, so
it makes sense that ambitious institutions such as Busey Bank are demanding an open platform that
is focused on optimizing the customer experience. At Jack Henry, we
remain committed to supporting the easy, secure integration of any
solution an institution wants to leverage and have always advocated
for the accessibility and transparency necessary for openness and
trust in our bank partnerships."
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 more than 1,000
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. The S&P 500
company's solutions serve more than 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
View original
content:http://www.prnewswire.com/news-releases/busey-bank-partners-with-jack-henry--associates-to-support-their-growth-with-an-open-banking-ecosystem-and-enhanced-customer-experience-300888629.html
SOURCE Jack Henry & Associates, Inc.