On January 28, 2026, Jack Henry rolled out its native transaction enrichment capability across the Banno Digital Platform in partnership with Bud Financial. The integration leverages Bud’s Enrich product to deliver market-leading categorization and high-accuracy merchant identification, enabling instant understanding of each transaction. Financial institutions on Banno can now offer accountholders clearer spending insights—from discretionary purchases to income streams—backed by broad coverage across all transaction types. Jack Henry serves approximately 7,400 banks and credit unions, and this enhancement is designed to drive deeper engagement by supplying high-quality data for personalized experiences and data-driven decision making.

In its fiscal second quarter ended December 31, 2025, Jack Henry recorded $6.2 million in deconversion revenue, reflecting the termination of client contracts following acquisitions of those clients by other institutions. Based on these results, management has increased its full-year deconversion revenue guidance to $28 million. Deconversion revenue, which is excluded from non-GAAP results, depends on factors outside Jack Henry’s core operations of providing ongoing services. The company reiterated that forward-looking statements are subject to risks outlined in its SEC filings, including its most recent Form 10-Q and Form 10-K, and disclaimed any obligation to update projections publicly.