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Stock impact report

Jack Henry & Associates Enhances Lending Capabilities to Support the CARES Act

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: PR Newswire
MONETT, Mo., April 3, 2020 /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 the company announced that Jack Henry Lending has expanded its commercial lending suite of solutions to include the capabilities banks and credit unions need to efficiently support Paycheck Protection Program (PPP) loans. These loans can be funded beginning April 3, 2020, and financial institutions can deploy this solution immediately in order to support the expected high volumes of loan applications generated by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The fully brandable, intuitive user interface enables small business borrowers to easily enter the required information online and securely upload the supporting documents.Many banks and credit unions are already serving these borrowers through the existing suite of commercial lending solutions fro Show less Read more
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