MONETT, Mo., May 8, 2014 /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 that iPay Solutions™ was named among the 2014 Best Places to Work in Kentucky and that it reached record goals for its charitable contributions to the United Way of Central Kentucky.
The Best Places to Work award presented by the Kentucky Chamber of Commerce and the Kentucky Society for Human Resource Management, is determined by an in-depth analysis of employee and employer surveys that analyze confidential sentiments, benefits, policies, workplace practices, and more. A total of 90 companies were recognized with this honor, and ProfitStars' iPay Solutions ranked 17 out of the 29 winners among large companies with 500 or more U.S. employees. This was the second year ProfitStars' iPay Solutions entered the Best Places to Work for the state of Kentucky. Last year iPay ranked 19 out of the 40 winners in the large company category. iPay Solutions provides online payment and billing solutions to more than 4,000 financial institutions and employs more than 300 people in Kentucky.
ProfitStars' iPay Solutions was also recognized by the United Way of Central Kentucky at its fourth annual "Thank You" event held on April 29. The group raised more than $15,000 last year and was acknowledged in three categories: Top 25 Corporate Partnerships, Breakthrough Company Campaigns, and Best Year-Round Corporate Partnership. The Top 25 Corporate Partnerships award acknowledged iPay Solutions among 170 other companies and organizations that offered successful workplace giving campaigns to their employees. The Breakthrough Company Campaigns award is given to companies that demonstrate workplace campaign excellence with a $10,000 growth or a 30 percent increase in giving over the previous year; iPay Solutions' giving increased by 48 percent. The Best Year-Round Corporate Partnership award recognized iPay for the volunteer opportunities it offers to employees, special event dollars raised, and for advocating for others to join the LIVE UNITED movement.
Greg Adelson, group president of iPay Solutions, said, "We are deeply committed and highly focused on creating a fun, challenging, and benevolent environment where talented professionals want to grow personally and professionally. We're honored to be recognized for setting a higher standard for attracting, developing, and retaining associates, and to be celebrated for our commitment to improving our community and inspiring others to do the same."
About the Best Places to Work in Kentucky
Numerous studies show a strong correlation between profitability and creating a good place to work. The Best Places to Work in Kentucky initiative is based on FORTUNE magazine's "100 Best Companies to Work for in America" list. For more details about Best Places to Work in Kentucky, visit www.bestplacestoworkky.com.
About the United Way
The United Way of Central Kentucky is a 501(c)(3) non-profit organization based in Elizabethtown, Kentucky. It envisions a community where each individual is self-sufficient in the areas of Education, Financial Stability, and Health — the building blocks for a good quality of life for all. The organization serves Hardin, Breckinridge, Grayson, LaRue, and Meade Counties and currently provides funding for 20 local agencies and 31 local programs.
As a diverse, global division of Jack Henry & Associates, ProfitStars combines JHA's solid technology background with the latest breakthroughs in five performance-boosting solution groups – financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and 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 computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,300 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community to mid-tier institutions with information processing solutions. Symitar® is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides best-of-breed solutions that enhance the performance of domestic and international financial institutions of all asset sizes and charters using any core processing system, as well as diverse corporate entities. 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.
SOURCE Jack Henry & Associates, Inc.