NEWARK, N.J., Oct. 2, 2018 /PRNewswire/ -- BITS, a subsidiary of Atlantic Community Bankers Bank (ACBB), is a managed private cloud provider for hosted IP Telephony, Call Center, and WAN services that currently serves more than 100 community financial institutions. Today, BITS announced it has partnered with ProfitStars®. ProfitStars is a division of Jack Henry & Associates, Inc. ® (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry.
The agreement will strengthen both companies' outsourced IT offerings, with ProfitStars providing Gladiator® outsourced IT infrastructure and security related solutions, and BITS providing hosted IP telephony and call center services. The result should reduce the cost and complexity of community financial institutions' voice and network connectivity, while increasing security and operational stability. ProfitStars' partnership with BITS will also expand its presence among non-core Jack Henry & Associates financial institutions for outsourced IT infrastructure (Gladiator Hosted Network Solutions™), and comprehensive security and regulatory services (Gladiator Enterprise Information Security Services).
Jerry Murphy, CEO of BITS, commented, "Community banks and credit unions are challenged to provide a full spectrum of services while meeting ever-changing security and compliance standards. Together with ProfitStars, we are helping our clients reduce their cost for technology services, while providing a trusted and scalable turn-key solution that meets diverse customer expectations with efficiency and security."
About ProfitStars
ProfitStars®, a division of Jack Henry & Associates, Inc.®, helps financial institutions of every asset size and charter, and diverse corporate entities, proactively identify and prepare for risks and market changes that could negatively impact their business. ProfitStars' industry-leading solutions and services include JHA Payment Solutions™, Information Security & Risk Management, Online & Mobile, Lending, Financial Performance, and Imaging/Data Management. These solutions help approximately 9,000 clients mitigate and control risks, optimize revenue and growth opportunities, contain costs, and drive future success. Additional information is available at www.profitstars.com.
About BITS
BITS (ACBB-BITS, LLC), a subsidiary of Atlantic Community Bankers Bank (ACBB), is a best-in-class telecommunications services provider exclusively serving community based financial institutions. We offer a complete hosted and managed platform of next generation telecommunication services, specifically developed based on our customers' technical, operational, security, and regulatory requirements. Our services provide cost savings, unmatched efficiencies, risk reduction, streamlined solutions, and peerless, always-on customer support. BITS is funded and owned by several bankers' banks as well as community bank investors. Our services include hosted and managed; voice with centralized SIP, call center applications, WAN (Fiber over Layer2, Layer3, Broadband), routing/switching, centralized firewall, and much more. BITS is SOC 2 Type II compliant and endorsed by multiple State Banking Associations. For more information, please visit www.bits.us or contact Christian Ericson, CMO (973) 474-1828.
SOURCE BITS
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