Jack Henry & Associates’ JHA Payment Solutions group is live with MasterCard and Visa for EMV debit card processing, and will soon support Discover.
JHA Payment Solutions is actively processing EMV debit transactions today, and has been processing EMV credit transactions for more than four years. The group is committed to large scale EMV debit implementations, with hundreds currently in progress, and to helping its financial institution clients be ahead of the industry pace for EMV card issuance.
JHA Payment Solutions drives early adoption of new technologies, particularly when it impacts the security of a financial transaction and of the end cardholder. For this reason, Jack Henry & Associates has also aggressively helped take clients live with Apple Pay; of the 400 financial institutions now active with Apple Pay, more than 65 of them are Jack Henry & Associates clients, and there are an additional 200 in the queue. JHA Payment Solutions is also in development to support Samsung and Android Pay, the latest in device-based wallets.
Jack Henry solutions serve almost 11,300 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions. Symitar® is a 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.
For data, background and forecasts on Jack Henry: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K item