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Border Bank Chooses Jack Henry for Technology Modernization

1. Jack Henry partners with Border Bank for technology upgrades. 2. The bank aims for improved efficiency and customer experience. 3. Jack Henry’s tools support operational efficiencies with API-integrated fintechs. 4. Border Bank's choice highlights JKHY's innovation and service commitment. 5. This partnership reinforces JKHY's competitive edge in digital banking.

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Why Bullish?

This partnership signals ongoing demand for JKHY's solutions, aligning with growth trends in fintech. Historical partnerships have resulted in significant stock price increases, exemplifying JKHY's market position.

How important is it?

This article demonstrates JKHY's ability to secure contracts with expanding banks, indicating a robust future pipeline of revenue that’s likely to attract investor interest.

Why Long Term?

The sustainable technology upgrades hint at long-term profitability and expansion; similar past initiatives have boosted JKHY's client base significantly over the years.

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New core and digital products will allow bank to focus on innovation, efficiency, and long-term growth , /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Border Bank selected Jack Henry to upgrade its technology infrastructure. The decision was made to prepare the bank for growth and future needs, including improved customer experience and operational efficiencies. Border Bank was founded in 1935 to meet agricultural needs along Minnesota's Canadian border and has grown to serve a wide range of industries in North Dakota and metro Minneapolis, including manufacturing, hospitality, and commercial real estate. As the bank approaches $1 billion in assets, it needs an open and flexible technology platform to manage growth and help meet increasing demands with existing resources. Jack Henry's core processing system will replace dated processes, improving operational efficiency and streamlining workflows. Retail, business, and enterprise commercial clients will have access to a digital front door to manage their financial needs through Banno Digital Platform™, Banno Business™, and JHA Treasury Management™. "Jack Henry won our business because of their commitment to innovation, transparency, and customer service," said Tammy Stanton, Chief Operating Officer at Border Bank. "Their clear vision for the future, openness, and strong reputation for delivering on commitments gave us confidence that they were the right long-term fit for us. Their modern technology and plug-and-play philosophy will help us better meet the needs of our growing customer base and differentiate ourselves from competitors." With access to over 950 API-integrated, third-party fintechs through Jack Henry's open ecosystem, Border Bank can easily differentiate according to their unique business strategy. Moreover, Jack Henry's technology modernization strategy will provide a steady stream of modern service components in the public cloud, maintaining a strategic edge going forward. Jonathan Baltzell, President of Bank Solutions at Jack Henry, said, "Border Bank is a great example of a community bank that has been integral to the development in its region, providing businesses and families with the reliable financial support they need. At Jack Henry, we are proud to equip them with modern technology to enhance their services while also laying the foundation for a long-term technology strategy to serve their communities for many generations to come." About Jack Henry & Associates, Inc.®Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com. SOURCE Jack Henry & Associates, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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