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Jack Henry reports revenue growth and secures Prevail Bank partnership
Jack Henry has announced significant financial growth and a new partnership with Prevail Bank. During fiscal 2026, Jack Henry reported total revenue of $2.54 billion, a 7.1% increase from the previous year. The company saw a 49.5% jump in faster-payments revenue and an 11.6% rise in digital and transaction revenue, driven by increased adoption of real-time payment services and digital platforms.
In a separate development, Medford, Wisconsin-based Prevail Bank has selected Jack Henry to provide core processing, digital banking, and AI-driven solutions. The bank aims to use Jack Henry’s Banno Digital Platform, Tap2Local, and financial crime detection tools to improve operational efficiency, support small business clients, and compete more effectively with larger financial institutions and fintech companies.