Jack Henry & Associates Inc. said 16 more credit unions began using its JHA Payment Processing Solutions division during the first half of its 2012 fiscal year, which ended on Dec. 31.
Using PPS provides a single point of contact for settlements, adjustments and reconciliations for credit, debit and ATM card processing and other complementary services, the Monett, Mo., company said.
New clients include the $2 billion Keesler FCU in Biloxi, Miss., the company and credit union said.
“The ability to have POS and signature in one system and on one screen was a clear differentiator and big selling point for PPS,” said Larry Mayo, vice president of IT at Keesler FCU.
“The integration with our core system also provides significant benefits. An example of how this integration benefits us is when a card is flagged as lost or stolen the status is automatically updated enterprise-wide,” he said. That eliminates the need to access multiple systems and screens to synchronize card information, Mayo said.
JHA said nearly 300 credit unions now use the PPS service.