Jack Henry Acquires Maker of FingerprintScanners

October 06, 2004, 1:00 a.m. EDT 1 Min Read

MONETT, Mo. - (10/06/04) -- Jack Henry & Associates saidTuesday it as acquired Verinex Technologies, a Lake Forest, Calif.,maker of biometric fingerprint scanners. The company's mainproduct, Biodentify, provide individual registration, single-touchidentification, event logging for auditing and regulatorycompliance, administration and management. The company's systemsare currently used by financial institutions and healthcareorganizations, and users of point-of-sale transactions. Terms ofthe deal were not disclosed. Separately, Jack Henry announced theclosing of its previously disclosed acquisition of Select PaymentProcessing, a provider of ACH and electronic check processingsolutions.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Technology

How Citizens Bank aims to win over startup founders

A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.

By Melinda Huspen

10h ago
Credit unions

NCUA's one-member board liquidates two failed credit unions

The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.

By Kate Berry

11h ago
Regulation and compliance

Trades urge regulators to revisit asset thresholds

In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.

By Ebrima Santos Sanneh

July 1
Yahoo Finance Feed

After 160 years, a New York bank plans New Jersey expansion

Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.

By John Reosti

July 1
HELOCs

How an identity thief stole $2 million from HELOCs

The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.

By Carter Pape

July 1
Tax

Senate passes GOP megabill — here's what matters for bankers

The Senate passed President Trump's tax and spending bill Tuesday, but questions around Consumer Financial Protection Bureau funding, 1071 delay and remittance taxes remain as GOP leaders scramble to pass the bill out of the House before Trump's July 4 deadline.

By Claire Williams

July 1