Jack Henry Enters Partnerships

Jack Henry & Associates, Inc. announced that it has entered into strategic partnerships with The Reserve Funds, Focus Technology Group, Inc., and eFunds Corp. to address deposit growth and fraud detection and prevention. Among the services to be offered is Reserve Return Sweep, which enables financials to offer interest on commercial checking and unlimited transactions, while retaining loanable deposits on the balance sheet. The company said it is the only marketplace application that has integrated functionality with a core banking data processing system, allowing for sophisticated and detailed bank level customer service.

For info: www.jackhenry.com.