Financial Institutions Partner with Jack Henry to Process More Than 38,000 Paycheck Protection Program Loans, Totaling More Than $4 Billion in Potential Funding
Jack Henry & Associates, Inc. (JKHY)
Last jack henry & associates, inc. earnings: 2/4 04:11 pm
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jackhenry.com
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Source: PR Newswire
MONETT, Mo., April 27, 2020 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today the company announced that more than 280 financial institutions have partnered with Jack Henry Lending to digitally capture and conditionally approve Paycheck Protection Program (PPP) loans. Jack Henry has processed more than 38,000 PPP loan applications, totaling more than $4 billion in potential funding. Its bank and credit union clients received an average of 134 applications each, and completion rates are very strong, averaging 80%. Jack Henry Lending expanded its commercial lending suite of solutions in a matter of days to offer the capabilities banks and credit unions need to efficiently support these loans and manage the high volume of loan applications generated by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The fully brandable solution enab
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JKHY
News
- CommonWealth Central Credit Union Invests in the Future with Jack Henry [Yahoo! Finance]Yahoo! Finance
- CommonWealth Central Credit Union Invests in the Future with Jack HenryPR Newswire
- FINBOA Honored as 'Banking Tech of the Year' for Game-Changing Payment Disputes Solution [Yahoo! Finance]Yahoo! Finance
- Jack Henry & Associates, Inc. (NASDAQ: JKHY) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- JACK HENRY & ASSOCIATES ANNOUNCES REGULAR QUARTERLY DIVIDENDPR Newswire
JKHY
Earnings
- 11/5/24 - Beat
JKHY
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form 144
- 11/19/24 - Form 4
- JKHY's page on the SEC website