Cobalt Award will recognize financial
institutions and fintechs' commitment and innovation
MONETT,
Mo., March 4, 2024 /PRNewswire/ -- Jack
Henry™ (Nasdaq: JKHY) announces the Cobalt Awards, a new
award program that celebrates financial institution and fintech
innovation, dedication to people and communities, and a passion for
reducing barriers to financial freedom. 2024 is the first year of
this program.
The Cobalt Awards are an opportunity for financial institutions
and fintechs to be acknowledged for their creativity and
imagination while also giving back to their communities. This
initiative aims to inspire, motivate, and strengthen relationships
by showcasing success stories.
There are three award categories:
- The Barrier Breaker – Recognizes one bank and one credit union
winner for tearing down barriers to accountholder financial
health
- The Changemaker – Recognizes one bank and one credit union
winner for outstanding achievement using technology, services, and
innovation to operate more efficiently
- The Integrator – Recognizes two fintech winners for helping
improve the user experience and the financial health of consumers
and businesses
To be eligible to participate, financial institutions must be
existing Jack Henry customers; their
entry submission should reference the use of at least one
Jack Henry solution. Fintech
entrants must be part of Jack
Henry's ecosystem through the Developer Toolkit or Vendor
Integration Program (VIP). All entries should be submitted with
compelling storytelling, including quantifiable metrics.
This year, the judging panel will include seven Jack Henry executives. Winners will receive:
- A $10,000 donation to the charity
of their choice
- Free registration and travel to Jack Henry Connect 2024 for up
to four attendees (banks and credit unions only)
- Free booth registration with premium placement in the Jack
Henry Connect 2024 Tech Hall (fintechs only)
- A Cobalt Award Trophy presented at Jack Henry Connect, a press
release, a case study, and more
"We're excited to announce our new Cobalt Awards program,
encouraging and inspiring financial institutions and fintechs to
continue making a positive impact in their communities through
people-inspired innovation," said Greg
Adelson, president and COO of Jack
Henry. "We look forward to celebrating those who are aligned
with our mission and purpose to reduce barriers to financial
health."
Submissions open April
1st and close June
1st. For more information, visit
jackhenry.com/Cobalt-Awards. Winners will be publicly announced at
this year's Jack Henry Connect in Phoenix.
About Jack Henry &
Associates, Inc.®
Jack Henry™ (Nasdaq: JKHY)
is a well-rounded financial technology company that strengthens
connections between financial institutions and the people and
businesses they serve. We are an S&P 500 company that
prioritizes openness, collaboration, and user centricity – offering
banks and credit unions a vibrant ecosystem of internally developed
modern capabilities as well as the ability to integrate with
leading fintechs. For more than 47 years, Jack Henry has provided technology solutions to
enable clients to innovate faster, strategically differentiate, and
successfully compete while serving the evolving needs of their
accountholders. We empower approximately 7,500 clients with
people-inspired innovation, personal service, and insight-driven
solutions that help reduce the barriers to financial health.
Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical
facts are "forward-looking statements." Because forward-looking
statements relate to the future, they are subject to inherent risks
and uncertainties that could cause actual results to differ
materially from those expressed or implied by such statements. Such
risks and uncertainties include, but are not limited to, those
discussed in the Company's Securities and Exchange Commission
filings, including the Company's most recent reports on Form 10-K
and Form 10-Q, particularly under the heading "Risk Factors." Any
forward-looking statement made in this news release speaks only as
of the date of the news release, and the Company expressly
disclaims any obligation to publicly update or revise any
forward-looking statement, whether because of new information,
future events or otherwise.
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SOURCE Jack Henry &
Associates, Inc.