ICBA Grows ProfitStars Relationship

by PaymentsJournal 0

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Agreement includes data conversionand migration tools, e-presentment and payment solution

Washington, D.C. (March 28, 2017)—The Independent Community Bankers of America® (ICBA)today announced that it has expanded its Preferred Service Provider Program withProfitStars®, a division of Jack Henry & Associates, Inc.® (NASDAQ:JKHY),a leading provider of technology solutions and payment processing servicesprimarily for the financial services industry. The expanded Preferred ServiceProvider Program will now include ProfitStars’ Enterprise Conversion SolutionsTM(ECS) suite and JHA Enterprise Payment Solutions (EPS) SmartPay Biller Direct solution.

“ICBA is dedicated to helping banks innovateand increase efficiency across all areas of the institution,” said Dan Clancy,executive vice president of services at ICBA. “Enterprise Conversion Solutionsand JHA EPS SmartPay Biller Direct give participating community banks access tomore secure data conversions and customized payment offerings. These solutionsshowcase how banks can leverage technology to improve processes and evolve theoverall customer experience.”

Community banks that leverage ProfitStars’ECS will be able to convert and import legacy system data in a cost-efficientand timely manner. The solutions keep files protected and intact, whichincreases overall security and compliance. As the largest conversion businessin the financial industry, the ProfitStars ECS team has managed data conversionprojects for more than 1,000 financial institutions.

“ProfitStars’ ECS has been a valuable toolfor converting acquired application data archives,” said Don Gann, senior vicepresident and chief information officer at First State Community Bank inFarmington, Mo. “Every member of the ECS team is an expert in data conversion,and they go above and beyond to adapt their services specifically for ourinstitution’s unique needs.”

JHA EPS SmartPay Biller Direct, a fullyintegrated module of JHA’s Enterprise Payment Solutions™(EPS) SmartPay Suite, allows community banks’ small business customers toupload and manage bill and invoice information on a customizable, branded site.The businesses’ customers can then conveniently view bills and easily make ACH,card, PayPal or other types of payments from their computer, mobile phone ortablet.

“ProfitStars’Enterprise Conversion Solutions and JHA EPS SmartPay Biller Direct are valuableresources to community banks aiming to improve their digital processes throughboth data conversion efficiencies as well as e-bill, invoicing and payments,”said Russ Bernthal, president of ProfitStars. “These solutions help communitybanks increase process efficiency and positively contribute to their bottomlines.”

ProfitStars’preferred service provider offerings through ICBA include: data migration;electronic bill presentment; enterprise profitability management; onlinelending; accounts receivable financing; small business lending; remote depositcapture; payment, mobile and web services; and security services.

AboutICBA
The Independent Community Bankers of America®, the nation’s voice for morethan 5,800 community banks of all sizes and charter types, is dedicatedexclusively to representing the interests of the community banking industry andits membership through effective advocacy, best-in-class education andhigh-quality products and services. For more information, visit ICBA’s websiteat
www.icba.org.

About ProfitStars
As a diverse, global division of Jack Henry & Associates, Inc.® (JHA),ProfitStars® combines JHA’s solid technology background with the latestbreakthroughs in six performance-boosting solution groups – FinancialPerformance, Imaging, JHA Payment Solutions, Information Security & RiskManagement, Retail Delivery, and Online & Mobile. Explore the power ofProfitStars-enhanced performance at www.profitstars.com.

About Jack Henry & Associates,Inc.
Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider oftechnology solutions and payment processing services primarily for thefinancial services industry. Its solutions serve more than 10,000 customersnationwide, and are marketed and supported through three primary brands. JackHenry Banking® supports banks ranging from community banks to multi-billiondollar institutions with information processing solutions. Symitar® is aleading provider of information processing solutions for credit unions of allsizes. ProfitStars® provides highly specialized products and services thatenable financial institutions of every asset size and charter, and diversecorporate entities to mitigate and control risks, optimize revenue and growthopportunities, and contain costs. Additional information is available at www.jackhenry.com.