Jack Henry & Associates Inc. said Thursday that it has bought Pemco Technologies, a provider of payment processing technology for credit unions.

Jack Henry, a Monett, Mo., vendor, said the acquisition would help its expansion into the payments industry. It did not disclose the price.

The technology subsidiary of the Seattle holding company Pemco Corp. sells credit and debit processing, fraud detection, automated teller machine management and prepaid card products and services. It has about 235 financial company clients.

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