Jack Henry Announces Support for the FedNow® Service
Enables early adoption for more than 80 community financial institutions
Monett, Mo., July 20, 2023 – Jack Henry™ (Nasdaq: JKHY) announced today it is now supporting live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Jack Henry is among the first service providers supporting transaction activity for financial institutions on the service.
Jack Henry is committed to helping community and regional financial institutions stay on the leading-edge of faster payments. The company’s faster payment hub, JHA PayCenter™, connects financial institutions to the FedNow Service as well as the Zelle Network®, which is owned and operated by Early Warning Services, LLC, and the RTP® network, owned and operated by The Clearing House (TCH).