Jack Henry & Associates named a Top Global Provider in the 2020 IDC FinTech rankings for twelfth consecutive year
Company consistently acknowledged for digital innovations and advancements
MONETT, MO (October 14, 2020) — 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 it has ranked No. 13 on IDC Financial Insights’ 2020 IDC FinTech Rankings, the most comprehensive ranking in the financial services industry. This is the twelfth consecutive year that Jack Henry has been recognized among the leading 100 financial technology providers across the globe.
The annual IDC FinTech 100 Rankings determine top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and IT services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to exceed $577 billion (USD) by 2024.
Marc DeCastro, research director at IDC Financial Insights, stated, “Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients. The IDC FinTech Rankings is the global standard list of fintech providers to the industry, and we congratulate the 2020 winners.”
Jack Henry is committed to providing financial institutions of all sizes with the technology they need to compete in a modern, digital environment. The company partners with banks and credit unions to help them connect with customers and provide personal support when self-service reaches its limits.
David Foss, president and CEO of Jack Henry, said, “We are honored to once again be listed by IDC Financial Insights as a leading financial services technology provider. The organizations on this list represent a part of the financial ecosystem that are responsible for providing open infrastructure, driving partnerships and equipping financial institutions to scale as they expand into new markets. We take that charge very seriously at Jack Henry; the effect that our service and technology has on banks and credit unions impacts our nation’s economy and financial soundness.”
To view the complete list of 2020 IDC Rankings, click here. The IDC Financial Insights also publishes a comprehensive report about the year’s findings that is available to view or download here.
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 47 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.
About IDC Financial Insights
IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company. For more information, please visit www.idc.com/financial+ info@idc-fi.com, or call 508-620-5533.
