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Stock impact report

Jack Henry Using Experience to Help Shape Future of Instant Payments with the Federal Reserve

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 30, 2021 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, confirmed it will participate in the FedNowSM pilot program. Participating in the program provides the banks and credit unions that leverage JHA PayCenter™ to seamlessly connect to instant payment networks, more choices and interoperability for their faster payment offerings. Jack Henry partnered with the Federal Reserve in early 2020 and will help shape the features and functions of the FedNow Service, provide input into the overall user experience, help ensure readiness for testing, and be among the first to process instant payments using the service before its general availability. In the initial advisory phase, participant input will help to further define the service and adoption roadmap, prepare for industry readiness, and finalize the Federal Reserve's overall instant p Show less Read more
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