jack henry & associates inc (JKHY) Key Developments
Jack Henry & Associates, Inc. Announces Executive Changes
Mar 26 15
Jack Henry & Associates Inc. announced that Stacey Zengel has been promoted to President of the Jack Henry Banking division. This newly created position will provide a continued focus on the company's dedication to the core banking business. Zengel's new position furthers the company's One Company strategy and asserts the goal of consistently meeting or exceeding client expectations. All operational, development, implementation, and outsourced functions for the banking business unit will report to Zengel. Scott Spain will replace Zengel as the General Manager of JHA OPS. Spain was most recently the General Manager of Core Solutions with specific oversight of the operations, implementations, and ongoing support for JHA's banking core clients. Susan Geiss has been promoted to General Manager of Jack Henry Banking Operations. Geiss has been instrumental to the company's Call Center strategy and has held key management positions in the core solutions group during the past 20 years. Ron Moses has been named the new General Manager of Consumer and Commercial Solutions. Moses joined Jack Henry & Associates in 1999 through the acquisition of BancTec Financial Systems and has driven the company's imaging strategy most recently as General Manager of Imaging Solutions.
BCB Bancorp Selects Jack Henry's SilverLake System
Mar 20 15
Jack Henry Banking, a division of Jack Henry & Associates Inc., has announced that BCB Bancorp Inc. has selected the SilverLake System core processing system to provide enterprise-wide automation. The bank will implement SilverLake through JHA OutLink Processing Services (JHA OPS), Jack Henry Banking's outsourced offering. The bank will also implement the jhaEnterprise Workflow process management solution and the goDough mobile banking platform. Jack Henry Banking was selected based on the strong integration between its core and complementary products, focus on disaster recovery, and its reputation for customer service.
Jack Henry & Associates and CU Business Group Announce Alliance
Mar 19 15
Jack Henry & Associates Inc. and CU Business Group, or CUBG have announced an alliance. The alliance will provide more credit unions with the tools they need to increase net interest income, win more business, expand customer relationships, and improve profitability of member business loan relationships. Margin Maximizer Interactive (MMi), from Jack Henry's ProfitStars division, is a customizable online tool that enables credit unions to develop strategies to help ensure the great possible net interest income from member business loans and relationships.
BCB Bancorp Selects the SilverLake System® Core Processing System
Mar 11 15
Jack Henry & Associates Inc. announced that BCB Bancorp has selected the SilverLake System® core processing system to provide enterprise-wide automation. The Bayonne will implement SilverLake through JHA OutLink Processing Services (JHA OPS), Jack Henry Banking's outsourced offering. The bank will also implement the jhaEnterprise Workflow process management solution and the goDough® mobile banking platform. The executive team of BCB Bancorp was seeking a new core solution that could help the bank better adapt to growth, address risk, and improve the customer and employee experience. After being impacted by Hurricane Sandy in 2012, it was also imperative that the bank select a platform that could be managed off-site in an outsourced operating environment. Following a thorough due diligence process, Jack Henry Banking was selected based on the strong integration between its core and complementary products, focus on disaster recovery, and its reputation for customer service. The single sign-on integration between the SilverLake core and complementary products will improve efficiencies for bank employees and customers by enabling separate systems to be accessed using the same credentials, unlike the bank's current environment where customers have separate logins for online banking, remote deposit capture, and e-statements. In addition, the seamless integration offered by SilverLake will reduce redundant data entry between disparate systems, saving the bank time and resources. SilverLake will also bring real-time transaction processing to BCB's customers.
Jack Henry & Associates, Inc. Appoints Shruti S. Miyashiro as an Independent Director
Mar 4 15
Jack Henry & Associates Inc. announced that on March 4, 2015, Shruti S. Miyashiro was appointed to its Board as an independent director. Shruti Miyashiro is President and Chief Executive Officer of Orange County's Credit Union, which she has led since 2007.