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Stock impact report

Jack Henry Prepares Bankers Against the Resurgence of Check Fraud with AlertCenter

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., Jan. 12, 2021 /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, its Jack Henry Banking® division announced that their AlertCenter™ solution now seamlessly integrates with the SilverLake Teller Capture™ automated check processing solution to enhance check fraud protection.  Payment fraud is on the rise with the majority of scams targeting checks and wire transfers. Their liability has been further compounded by the pandemic; Jack Henry identified a 35% increase in extended deposit hold recommendations and an 11% increase in transaction deny recommendations during the first half of 2020 as compared to the same time in 2019. Banks need a way to more effectively identify fraudulent transit check activity while providing customer service that is quick and user friendly. That is why AlertCenter, offered in partnership with Advanced Frau Show less Read more
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