Banks are under significant pressure to modernize and one of their core providers is helping to drive that change; Jack Henry & Associates helps to provide core technology to regional banks and credit unions; in the last few years it is helping these banks to better handle the pressures coming from fintechs; Jack Henry has built digital tools that helped the company to grow sales 8.3 percent year over year in 2018; the company is not only helping to build core digital tools for banks but they are also helping banks to better compete with the likes of PayPal and Square with payments offerings; Banks not only have fintech partnerships to help them digitize but their core provider is also helping to set banks up to compete. Source.