DCI is to core processing what community banks are to banking. I don't know how any other core provider can compete with DCI's culture.
Lewis and Clark Bank,
There is no other core processor worth considering, in my opinion.
SJN Bank of Kansas
Bank Software Developer DCI Acquires TeleWeb from ProfitStars
– Acquisition Adds Internet/Mobile/Voice Banking Solutions to DCI Core Software Suite –
HUTCHINSON, KAN., October 3, 2014 – Data Center Inc (DCI), the privately-owned developer of the iCore360® core banking software and related technologies, announced today their acquisition of the TeleWeb suite of Internet and mobile banking software products from the ProfitStars® division of Jack Henry & Associates (NASDAQ: JKHY) in Allen, TX.
The terms of the transaction were not disclosed.
The acquisition is one of the company’s most significant, and follows a similar acquisition
a year earlier, continuing a major strategic growth expansion for DCI in the bank
Specifically, the acquisition opens the door for DCI to directly offer competitive Internet and mobile banking solutions to community financial institutions in addition to the company’s award-winning iCore360® core software already being used by hundreds of banks nationwide.
DCI will continue to support the acquired product lines with a focus on accelerating their
enhancement to match the company’s flagship iCore360® software, and offer them as either
an embedded feature option for iCore360®, or as a competitive stand-alone solution for banks using competing core banking systems.
“We see opportunity in offering community banks more options in the online and mobile banking market, so this is a perfect fit for DCI and our customers,” says John Jones, DCI President and CEO. “Bringing these products into the DCI family lets us enhance them to directly offer a high-value Internet and mobile solution that is backed by DCI and our 51-year reputation for quality and personal support in core banking.”
DCI also acquired the TeleBank voice banking solution, plus nearly 360 clients and the related technical, development, support and management staff that will operate from DCI’s newest
location in Dallas, TX. DCI will continue to provide the high level of customer service that existing customers are expecting to receive.
“We’re happy to see these [TeleWeb] products joining the DCI family,” said current user
Keith Jones, president at Angelina Savings Bank in Lufkin, TX. “DCI has an impressive record of stability and innovation, and great customer relationships. Their collaborative bank leadership, staff and user groups will ensure a bright future for these products and the clients that use them.”
DCI’s acquisition of these specific products and customer relationships does not affect other ProfitStars products, services or clients.
Bank Software Developer DCI Acquires TeleWeb from ProfitStars (pdf)
As a diverse, global division of Jack Henry & Associates, Inc.® (NASDAQ: JKHY), ProfitStars combines JHA’s solid technology background with the latest breakthroughs in five performance-boosting solution groups – financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile. Explore the power of ProfitStars-enhanced performance at www.profitstars.com.
Kevin D. Williams
Chief Financial Officer
DCI is the developer of the award-winning iCore360® core banking software and related technologies for community banks nationwide. DCI is privately owned by a group of bank clients, with several clients serving as board members and user group leaders. In addition to iCore360® (available hosted or in-house), DCI offers integrated solutions for Internet and mobile banking, private ATM network and card management, teller automation, remote capture, custom analysis, risk/vendor management, managed IT and more. DCI was named a 2015 FinTech Forward Top 100 Technology Provider by American Banker and BAI, winner of the 2015 BankNews Innovative Solutions Award and the exclusive core processing solution endorsed by the California Bankers Association. For more information about DCI, visit www.datacenterinc.com or contact email@example.com.
Vice President, Marketing
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