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Stock impact report

Bank and Credit Union CEOs Reveal Top Priorities in Annual Survey [Yahoo! Finance]

Jack Henry & Associates, Inc. (JKHY) 
Last jack henry & associates, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: jackhenry.com
Company Research Source: Yahoo! Finance
MONETT, Mo. April 29, 2024 /PRNewswire/ -- Growing deposits and increasing operational efficiency are top priorities for community and regional financial institutions, according to Jack Henry's sixth-annual survey of bank and credit union CEOs. "With rising deposit costs putting pressure on net interest margins, banks and credit unions have greater urgency to enhance operational efficiency, especially through back-office automation," said Lee Wetherington , Senior Director of Jack Henry™ Corporate Strategy. "Whether your top priority is growing deposits, improving efficiency, or preventing real-time fraud , data strategy is now front and center." Jack Henry's 2024 Strategy Benchmark showed that the vast majority (80%) of financial institutions plan to increase technology spending over the next two years. Fraud detection/mitigation, digital banking, and data analytics top the list of planned investments. "Given escalating cyber and fraud threats, it's no surprise that both banks Show less Read more
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