Luminous partners with Jack Henry & Associates

Thursday, 30 January 2014

Luminous, a specialised, financial innovations company, has announced the signing of a partnering agreement with Jack Henry & Associates, Inc. a leading provider of technology solutions and payment processing services primarily for the financial services industry. Jack Henry & Associates will offer Luminous’ product suite to its financial institution clients in the EMEA region. The new offerings are a strong complement to Jack Henry & Associates’ loan and deposit pricing solutions.

“Developing a global partner ecosystem is an important component of our long term business strategy,” Andrew Buchanan, Global Head of Sales of Luminous, said. “We believe that Jack Henry & Associates is an excellent partner as we continue to deliver innovative financial solutions for the global banking market.”

Luminous’ solutions such as PreApprover, a filtering tool for loan candidates, and BankFiling, a product that allows banks to track loans through their lifecycle to best manage risk and opportunities, will lower administration tasks, identify revenue opportunities and mitigate risk for Jack Henry & Associates’ financial institution clients’. The insights and analytics that Luminous provides will further support the strategies and long-term customer relationships that Jack Henry & Associates’ solutions develop.

Stuart Allison, Managing Director EMEA, Jack Henry & Associates said, “We are excited to partner with Luminous and offer our clients added opportunities to advance their customer offerings and operating efficiencies. Luminous joins in our strategy to develop and offer solutions that meet a real business need; combining our offerings can position our financial institutions to further improve processes and deliver excellent results.”

About Jack Henry & Associates: Jack Henry & Associates, Inc. (NASDAQ:JKHY) was founded in 1976 as a provider of core information processing solutions for community banks. Today, their extensive array of products and services include processing transactions, automating business processes, and managing mission-critical information for more than 11,900 financial institutions and corporate entities of all sizes around the world. For more information, please visit www.jackhenry.uk.com , or email enquiries@jackhenry.uk.com.

About Luminous: Luminous is a specialised financial innovations company that has successfully introduced a number of global firsts into the banking world. Luminous’ unique business case driven approach delivers excellent ROI for banks. Backed by Hasso Plattner Ventures, Luminous continues to expand their global reach with offices in South Africa, London, Brisbane and Mumbai. They also have a number of partnering agreements with industry leaders across the globe.

For more information, please email philippa.newnes@luminousbanking.com.
Website:www.luminousbanking.com, Twitter: @luminousbanking.com