Jack Henry & Associates Introduces the Banno Platform

- Platform offers seamless digital services available within 120 days -

Sep 16, 2015, 08:00 ET from Jack Henry & Associates, Inc.

MONETT, Mo., Sept. 16, 2015 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today in New York City at FinovateFall, the company introduced the Banno Platform, a fully integrated digital platform developed to meet customer expectations for digital experiences and support. With the Banno Platform, financial institutions can launch modern, mobile-first functionality in 120 days or fewer.

The Banno Platform will integrate with Jack Henry & Associates' suite of online and mobile solutions to provide digital marketing and services and support, including:  

  • Relevant cross-channel marketing;
  • Quick and helpful service tools;
  • Mobile-ready web services, powered with integrated content and responsive marketing;
  • Modern and highly-functional apps that can be custom branded;
  • Consolidation of customer interaction for quick, reliable support; and
  • Intuitive and custom reporting.

Its seamless structure improves overall operating efficiencies from set-up to ongoing maintenance and compliance.

Eric Mattson, CEO of Finovate, commented, "Finovate has a long history of spotlighting innovations in the digital channel experience. It is especially exciting to see Jack Henry & Associates introducing the Banno Platform because of the team's history of bridging the customer experience gap in banking as well as the company's history of providing industry-leading digital services. This offers the banks and credit unions working with Jack Henry & Associates an opportunity to quickly and simply compete with the most advanced digital bankers."

Wade Arnold, managing director at Jack Henry & Associates, added, "Digital banking is a financial institution's lifeline − its primary and sometimes only channel of dialogue, service, and support for the end-user. Customers and members expect their financial institutions to provide fast, easy, and helpful services – that starts with a single and simple digital account strategy. At Jack Henry & Associates, we are committed to elevating the industry to a heightened level of digital banking that is easy and effective for both financial institutions and consumers. The Banno Platform provides the support and services that matter when and where they are needed."

About FinovateFall FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York City, the event offers an insight-packed glimpse into the future of money via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.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 almost 11,300 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.



SOURCE Jack Henry & Associates, Inc.