Lou Anne Alexander, group president, payments of Early Warning, said, "Partnerships that lead to the growth of the Zelle Network are vital to our business, and a great benefit to all users. We are pleased to partner with Jack Henry & Associates on our mutual mission to provide faster, more secure P2P payment solutions."
Greg Adelson, general manager of Jack Henry & Associates' Payment Solutions Group, said, "Jack Henry & Associates is dedicated to providing clients with products and services that are at the forefront of faster, more reliable payments. Adding Zelle to our existing P2P capabilities will allow our clients to give consumers more of what they desire in this type of payment experience, and maintain ownership of these transactions as they compete more effectively against alternative payment providers."
Zelle is an inclusive network that is open to all banks and credit unions in the United States. Nineteen financial institutions have already joined the Zelle Network thus far, and through Early Warning's alliance with Jack Henry & Associates, approximately 3,000 additional financial institutions will gain access to the network. At launch, Zelle will be one of the largest faster payments networks in the U.S., accessible to over 76 million mobile banking users nationwide.
About Early Warning
Early Warning is creating the future of payments by delivering innovative payment and risk solutions to financial institutions nationwide. For over 25 years, Early Warning has been a leader in financial technology that protects and advances the financial system. Learn more at www.earlywarning.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 10,500 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jack-henry--associates-inc-and-early-warning-unveil-strategic-partnership-300369391.html
SOURCE Jack Henry & Associates, Inc.