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Quail Creek Bank Chooses Jack Henry to Stay Competitive and Enhance Customer Experience
JKHYJack Henry(JKHY) Prnewswire·2024-06-26 12:00

Company Overview - Jack Henry™ (Nasdaq: JKHY) is a financial technology company that enhances connections between financial institutions and their clients, focusing on openness, collaboration, and user-centric solutions [1][2][3] - The company has been providing technology solutions for over 48 years, empowering approximately 7,500 clients to innovate and compete effectively [1] Recent Developments - Quail Creek Bank has selected Jack Henry to improve efficiency and enhance both customer and employee experiences in a competitive market [5][6] - The bank, with $800 million in assets, aims to leverage Jack Henry's technology to provide a leading digital experience and focus on community service [6] Technology and Integration - Jack Henry's SilverLake System® will automate internal processes and improve efficiencies, while new features like real-time payments and digital account opening will enhance customer experience [8] - The open ecosystem of Jack Henry allows access to over 950 API-integrated third-party fintechs, facilitating better vendor integration and modernization for community banks [9] Market Context - The competitive landscape for community banks like Quail Creek Bank has shifted towards larger regional and megabanks, making technological competitiveness essential [7][9] - Jack Henry aims to empower community banks to maintain personalized service while improving their technological capabilities to compete effectively [9]