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ProfitStars® Introduces Opening Act Express
Online account opening solution provides financial institutions with a high-demand online service
MONETT, Mo., Nov. 10, 2010 /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced its ProfitStars division has introduced Opening Act Express, a Web-based deposit account origination system.
Through a strategic partnership with MeridianLink, financial institutions can implement Opening Act Express to offer basic online account opening services and expand the service based on evolving customer and market demands. Opening Act Express can be integrated with any core and Internet banking platform and can support institution-defined deposit products.
Opening Act Express enables customers to open new deposit accounts and transfer funds into them via ACH, debit cards, and credit cards. The process includes multiple identity verifications, credit and OFAC checks, and queries against check history.
Doug Glagola, vice president of Business Development at MeridianLink commented, "Aligning with ProfitStars to provide Opening Act Express further diversifies its product and service offering and strengthens our long-term relationship with Jack Henry & Associates. More importantly, Opening Act Express enables banks and credit unions of all asset sizes to offer the Web-based services that they need to succeed and grow in today's virtual marketplace."
According to David Foss, president of ProfitStars, "MeridianLink is a proven leader in online account opening and loan origination solutions and Jack Henry & Associates' clients have benefitted from our partnership for many years. We are pleased to now extend the benefits of this successful alliance to financial institutions of all asset sizes and charters and regardless of core system. Opening Act Express offers the flexibility to initiate account opening with the bare essentials and expand to more advanced services - proven scalability that is very important as consumer demand for online services continues to escalate."
About ProfitStars
ProfitStars, a division of Jack Henry & Associates, Inc., provides best-of-breed solutions that improve the performance of financial institutions of all asset sizes and charters, and diverse corporate entities. These solutions facilitate revenue and growth, risk mitigation and control, and cost control; and complement virtually any core information processing platform. Additional information is available at http://www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,200 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking(TM) supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar(TM) is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies operates as a leading electronic bill pay provider supporting banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms. Additional information is available at http://www.jackhenry.com.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.
SOURCE Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.
CONTACT: Analysts, Kevin D. Williams, Chief Financial Officer of Jack Henry & Associates, Inc., +1-417-235-6652; or Press, Jacqueline Scheider, Manager of ProfitStars Marketing, +1-770-752-6410
Web Site: http://www.profitstars.com/
ProfitStars® Introduces Opening Act Express
Online account opening solution provides financial institutions with a high-demand online service
MONETT, Mo., Nov. 10, 2010 /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced its ProfitStars division has introduced Opening Act Express, a Web-based deposit account origination system.
Through a strategic partnership with MeridianLink, financial institutions can implement Opening Act Express to offer basic online account opening services and expand the service based on evolving customer and market demands. Opening Act Express can be integrated with any core and Internet banking platform and can support institution-defined deposit products.
Opening Act Express enables customers to open new deposit accounts and transfer funds into them via ACH, debit cards, and credit cards. The process includes multiple identity verifications, credit and OFAC checks, and queries against check history.
Doug Glagola, vice president of Business Development at MeridianLink commented, "Aligning with ProfitStars to provide Opening Act Express further diversifies its product and service offering and strengthens our long-term relationship with Jack Henry & Associates. More importantly, Opening Act Express enables banks and credit unions of all asset sizes to offer the Web-based services that they need to succeed and grow in today's virtual marketplace."
According to David Foss, president of ProfitStars, "MeridianLink is a proven leader in online account opening and loan origination solutions and Jack Henry & Associates' clients have benefitted from our partnership for many years. We are pleased to now extend the benefits of this successful alliance to financial institutions of all asset sizes and charters and regardless of core system. Opening Act Express offers the flexibility to initiate account opening with the bare essentials and expand to more advanced services - proven scalability that is very important as consumer demand for online services continues to escalate."
About ProfitStars
ProfitStars, a division of Jack Henry & Associates, Inc., provides best-of-breed solutions that improve the performance of financial institutions of all asset sizes and charters, and diverse corporate entities. These solutions facilitate revenue and growth, risk mitigation and control, and cost control; and complement virtually any core information processing platform. Additional information is available at http://www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,200 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking(TM) supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar(TM) is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies operates as a leading electronic bill pay provider supporting banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms. Additional information is available at http://www.jackhenry.com.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.
SOURCE Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.
CONTACT: Analysts, Kevin D. Williams, Chief Financial Officer of Jack Henry & Associates, Inc., +1-417-235-6652; or Press, Jacqueline Scheider, Manager of ProfitStars Marketing, +1-770-752-6410
Web Site: http://www.profitstars.com/