MONETT, Mo., Feb. 8, 2012 /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 announced today the availability of the Gladiator eCommercial Security Awareness Training™ (eCommercial SAT).
The Web-based eCommercial SAT training program was designed to help financial institutions comply with the FFIEC's supplemental guidance to its Authentication in an Internet Banking Environment report, which called for action by January 1, 2012. eCommercial SAT provides customized tools for financial institutions to educate commercial customers on evolving fraud risks and best practices, helping to protect the confidentiality and integrity of online financial transactions. Gladiator's IT regulatory compliance experts will work with clients to develop easy-to-understand Web-based training programs, recorded webcasts, and ongoing communications about the latest threats to online banking customers. Additionally, the solution's reporting features enable financial institutions to track customer acknowledgement and information retention via quiz scores.
Jackie Marshall, director of Gladiator IT regulatory compliance, commented, "Examiners are expected to assess financial institutions' electronic banking compliance and security standards against the new FFIEC guidance this year, and customer education is an area likely to be scrutinized. Gladiator's eCommercial Security Awareness Training contains compelling information that financial institutions can measure and report, and helps them implement an ongoing communication strategy for their commercial customers. It is a win for banks and businesses."
The eCommercial SAT training solution is designed to fill in any gaps of communication necessary to maintain an optimally secure online banking environment. It addresses internal and external threats unique to commercial banking customers' online financial transactions, educates them on identity protection, and details the highest security practices.
As a diverse, global division of Jack Henry & Associates, ProfitStars combines JHA's solid technology background with the latest breakthroughs in four performance-boosting solution groups – Financial Performance, Imaging & Payments Processing, Information Security & Risk Management, and Retail Delivery. 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 ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 11,200 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking™ supports banks ranging from de novo 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 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. iPay Technologies™ operates as a leading electronic bill pay provider supporting more than 3,600 banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms. 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.