Jack Henry & Associates, Inc. shares fall 1.90% intraday after launching Tap2Local digital payments solution.

Jack Henry & Associates, Inc. declined 1.90% in intraday trading, with the company announcing the initial launch of Tap2Local, a new digital payments solution that enables banks and credit unions to meet the evolving needs of their small and medium-sized business (SMB) customers. Developed in collaboration with Moov, a modern digital payments processor, the cloud-native Tap2Local solution offers merchants many distinguishing features.