Stay Informed with CUTimes

Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!

From the February-18, 2004 issue of Credit Union Times Magazine • Subscribe!

Jack Henry Acquires Fraud Prevention Firm

MONETT, Mo. - It seems like everyone wants to get into fraud prevention these days. Jack Henry & Associates, the parent company of credit union data processor Symitar Systems, has done just that. Jack Henry has acquired Yellow Hammer, a provider of a suite of fraud prevention software. Yellow Hammer's flagishop product is FraudDetective, which will be available to all Jack Henry financials immediately. Yellow Hammer, located in the greater Birmingham, Alabama area, employs 10 people. They will be integrated with a Jack Henry office in Birmingham that employs 80. "Yellow Hammer will continue to operate as a wholly-owned subsidiary and will market products and services to both our bank and credit union segments," said Jack Prim, president of Jack Henry. -

pgentile@cutimes.com

Comments

More News

Resource Center

View All »

FFIEC Proposed Guidance on Social Media and How it Affects...

To learn how you and your institution can stay compliant with the new proposed FFIEC...

The Rise of "Mobile Commerce" and How it Affects YOU!

Could plastic cards become a thing of the past? This white paper explains what constitutes...

Key Indicators of High Performing Credit Unions

Get a complimentary demo of our loan portfolio analytics and access to the white paper,...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings

Advertisement. Closing in 15 seconds.