Credit Union Connection

View Original

Jack Henry Again Named to IDC FinTech Rankings Top 25

Annual revenue lands financial technology provider on prestigious list for 16th consecutive year

Jack Henry™ (Nasdaq: JKHY) announced today that the company ranked No. 11 in IDC's 2024 FinTech rankings of leading companies that provide hardware, software, and services to the financial services industry. This is the 16th consecutive year Jack Henry has appeared on the prestigious list.

The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar-year revenue from financial institution clients. These providers supply the technological backbone of the financial services industry, which the IDC projects will spend more than $800 billion worldwide on information technology by 2026.

"We are pleased to be recognized again for our proven ability to deliver innovative technology through the efforts of our outstanding associates," said Jack Henry President and CEO Greg Adelson. "As we look to the future, we're committed to providing cutting-edge technology that empowers community and regional financial institutions to compete successfully and meet the evolving needs of their customers."

To thrive in a digital economy, financial institutions must embrace innovation and effectively integrate innovative technology to enhance the customer experience and achieve operational excellence. IDC said that Jack Henry and other companies featured on the IDC FinTech Rankings Top 25 are committed to helping financial services companies successfully execute their digital transformation initiatives for the betterment of their customers around the world.

"IDC has been producing the IDC FinTech Rankings for 20 years and has expanded the program to now include the top 150 solutions providers to ensure that we get the most accurate representation of the largest FinTechs in the world," said Marc DeCastro, research director at IDC. "The technology companies on this list provide the innovation necessary to keep the financial services at the forefront of providing modern digital experiences across all aspects of a customer's financial journey."

IDC Financial Insights publishes a comprehensive report about the year's findings that is available to view or download here.