Sixteen credit unions have moved their Symitar core processing operations from in-house to outsourcing through the company’s service bureau offering in the past 18 months.
Jack Henry & Associates said division has completed more than 1,700 individual image and data conversion projects.
Having failed at retirement, John Landis figured he might as well engage again in what he calls the “intellectual challenge” of creating, selling and supporting a new core processing system for credit unions.
Twenty credit unions have joined the JHA Payment Processing Solutions client list in the recently ended fiscal year at Jack Henry & Associates, the company said.
Jack Henry & Associates said that 20 credit unions joined the client list at JHA Payment Processing Solutions in its recently ended fiscal year.
Big tech vendor latest to join smart card wave in U.S.
When UniWyo Federal Credit Union learned that its members, many of whom are college students, liked to manage their money online using sites like Mint.com, the credit union took matters into its own hands.
PSCU Financial Services is joining in the EMV wave, rolling out new credit cards that carry both EMV chip-and-PIN security and traditional magnetic stripes.
A technology service subsidiary of the Maine Credit Union League said it has expanded its relationship with the credit union core processing arm of Jack Henry & Associates.
PSCU Financial Services is now offering its 680 owner credit unions new plastic with EMV chip-and-PIN for overseas members.