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Stock impact report

Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing

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., March 10, 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 BusinessManager® has been fully integrated into the SilverLake System® core platform to streamline accounts receivable (A/R) financing. This integration allows financial institutions to provide funding to their business customers with increased speed, efficiencies, and accuracy.   There are more than 30 million small businesses in the United States and the majority cite cashflow as the biggest challenge they face. BusinessManager enables financial institutions to purchase small and medium-sized businesses' accounts receivables at a discount, providing immediate access to working capital for the business and creating strong fee income opportunities for the institution. By integrating BusinessManager with the SilverLake core platform, banks can Show less Read more
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