Jack Henry & Associates Named a Top Global Provider in the 2020 IDC FinTech Rankings for Twelfth Consecutive Year
October 14, 2020
Company consistently acknowledged for digital innovations and advancements
MONETT, Mo. – 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 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+ firstname.lastname@example.org, or call 508-620-5533.
About Jack Henry & Associates, Inc.
Jack Henry (NASDAQ:JKHY) is a leading provider of technology solutions primarily for the financial services industry. We are a S&P 500 company that serves approximately 8,700 clients nationwide through three divisions: Jack Henry Banking®
supports banks ranging from community banks to multi-billion-dollar institutions; Symitar®
provides industry-leading solutions to credit unions of all sizes; and ProfitStars®
offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in future-ready digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at www.jackhenry.com