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Jack Henry’s Annual Survey of Financial Institutions Highlights Priorities Amid Economic Uncertainty and a New Hybrid Monetary Era

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Banks and credit unions plan to increase technology spending, led by investments in AI, digital banking, and data analytics

MONETT, Mo., April 28, 2026 /PRNewswire/ — Banks and credit unions are prioritizing operational efficiency, deposit growth, and new payment capabilities as they navigate economic uncertainty and increasing technological complexity, according to findings from Jack Henry’s eighth annual Strategy Benchmark.

Jack Henry® (Nasdaq: JKHY) surveyed 193 executives from financial institutions using Jack Henry solutions. The survey highlights the industry’s most pressing strategic priorities, top concerns, and technology investment plans for the next two years.

“Banks and credit unions have finally recognized their biggest competitive threat in Big Fintech and Big Crypto,” says Lee Wetherington, Senior Director of Corporate Strategy and lead author of the benchmark. “As we enter a new hybrid monetary era, the game is changing and charter franchises are under attack. The goal of strategy is no longer simply to win but to ensure you’re competing to win the right game.”

The vast majority of financial institutions plan to increase technology spending, with 88% expecting to raise their tech budgets over the next two years, up from 76% last year. Four in 10 institutions (41%) plan increases of 6% to 10%, compared with 33% a year ago. Artificial intelligence (48%) is the top planned technology investment for the first time, followed by digital banking (38%) and data analytics (32%). While banks remain focused on growing deposits (64%) as their top strategic priority in 2026-2027, credit unions (40%) continue to place outsized emphasis on acquiring younger accountholders (Gen Z/Alpha).

“Financial institutions are in a high-stakes race for Gen Z and small business,” says Jennifer Geis, Senior Strategic Advisor of Corporate Strategy at Jack Henry and Managing Editor of the study. “Given Gen Z now drives most small-business formation—and given small-business deposits are 4-5X larger than retail—understanding and meeting the unique needs of “bizumers” is key to growth, whether you frame it in terms of deposits or demographics.”

Among the highlights from the survey:

PaymentsMore than nine out of 10 CEOs (94%) plan to add new payment services within the next two years, yet only 36% have a formal payments strategy in place.More than four out of five (82%) financial institutions plan to incorporate tap-to-pay as part of their strategy to add younger accountholders.Nearly half (47%) of CEOs plan to embed payments into their digital banking experience over the next two years.Small Business FocusThree out of four CEOs say they plan to expand services for small- and medium-sized businesses (SMBs).The most common planned addition is payment services, including FedNow®, request for payment, and tap-to-pay. 
 Cryptocurrency18% of CEOs plan to support stablecoins, tokenized money, and/or cryptocurrency by the end of 2027. This includes:Tokenized deposits/deposit tokensSupport for on-chain wallets for accountholdersAbility to orchestrate, exchange, and settle dollars to and from stablecoins/crypto.However, only 3% of CEOs report having a formal stablecoin strategy in place.
 Getting YoungerThe second most important strategic priority for credit unions (and fourth overall) is adding younger accountholders. It is also one of the top three concerns for CEOs.More than 40% of credit unions have a formal strategy, compared to just 10% of banks.Fintechs and neobanks are considered the biggest competitive threat in this area.Data analytics and AILeveraging data is the 5th most important strategic priority overall among banks and credit unionsPlans to implement AI grew double digits compared to last year1/3 of FIs plan to embed data collection/analysis tools within digital banking

The study’s results are based on an online survey conducted in January and February 2026 of a diverse sample of Jack Henry clients with assets ranging from less than $500 million to more than $5 billion. Download the eBook to learn more.

About Jack Henry & Associates, Inc.®
Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,400 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at jackhenry.com.

Statements made in this news release that are not historical facts are “forward-looking statements.” Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company’s Securities and Exchange Commission filings, including the Company’s most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.

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SOURCE Jack Henry & Associates, Inc.

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AARP Mississippi Applauds Passage and Signing of law to Protect Consumers from Cryptocurrency Kiosk Fraud

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JACKSON, Miss., May 20, 2026 /PRNewswire/ — AARP Mississippi applauds passage and signing of House Bill 1625, landmark legislation that establishes statewide oversight and consumer safeguards for cryptocurrency kiosks (commonly known as crypto ATMs). The bill, passed during the 2026 legislative session and signed into law by Governor Tate Reeves, delivers meaningful protections against fraud and financial exploitation—particularly for older Mississippians. The law takes effect on July 1, 2026.

The measure enacts new statutory consumer protection regulations for virtual currency kiosks, addressing a growing avenue for scams that disproportionately impact adults age 50 and older. The law establishes comprehensive guardrails, including licensing and oversight requirements, mandatory consumer disclosures and fraud warnings, transaction receipts and improved traceability, and daily transaction limits.

“AARP Mississippi is proud to have helped advance this critical consumer protection,” said AARP Mississippi State Director Kimberly L. Campbell, Esq. “Crypto kiosk–related scams have caused devastating losses, especially for older adults. This law brings common-sense safeguards that reduce risk, improve transparency, and strengthen accountability.”

The law’s protections are designed to curb financial exploitation while empowering consumers to make informed decisions. By improving disclosures, setting transaction limits, and enhancing traceability, the law strengthens enforcement and helps prevent irreversible losses associated with crypto kiosk fraud.

About AARP 
AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the 125 million Americans 50-plus and their families: health and financial security, and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation’s largest-circulation publications: AARP The Magazine and the AARP Bulletin. To learn more, visit aarp.org, aarp.org/espanol or follow @AARP, @AARPLatino and @AARPadvocates on social media.

Contact: Ronda Gooden
601-898-5417, 601-209-1812

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SOURCE AARP Mississippi

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QBit Semiconductor Shares Surge to USD$18 on Debut, Driving Market Capitalization to USD$700 Million

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Fueling the Edge AI revolution, the Arm-backed SoC innovator sees robust investor demand as it officially lists on the Taiwan Emerging Stock Board (TWO: 7913).

TAIPEI, May 21, 2026 /PRNewswire/ — QBit Semiconductor Ltd. (TWO: 7913), a fabless semiconductor company, was officially listed on the Taiwan Emerging Stock Board on May 15. Strong investor demand drove the stock price to an intraday high of USD$18(NT$530), bringing the company’s market capitalization to approximately USD$700 million. This milestone marks a significant step in the company’s expansion toward global capital markets and reinforces its position in high-performance silicon solutions.

Led by Chairman Simon Shen, QBit’s R&D team is composed of industry veterans from global giants such as Qualcomm and CSR. The company specializes in System-on-Chip (SoC) development, integrating three core functions—Intelligent Image Processing, Precision Motion Control, and Energy-Aware Sensing Management—into its flagship products. QBit’s technology is widely adopted in Multi-Function Printers (MFP), photo and barcode printers, and medical imaging-related solutions, with potential to scale into Edge AI and Physical AI applications such as drones and robotics.

In response to global demands for edge device security, QBit has preemptively integrated Post-Quantum Cryptography (PQC) technology into its SoCs. Its QB7 series achieved certification from the U.S. National Institute of Standards and Technology (NIST) Cryptographic Algorithm Validation Program (CAVP) in 2025. This specialized expertise solidifies the company’s technical differentiation in an era of increasingly stringent cybersecurity standards.

Furthermore, QBit is expanding its footprint in Security Chips and ASIC services. Evolving from a pure controller chip supplier into a comprehensive provider of consumable authentication, secure architecture, and differentiated module designs, QBit has significantly enhanced its platform value and fostered long-term customer loyalty.

Strategically, QBit maintains deep partnerships with leading international brands. In addition to backing from Taiwan’s National Development Fund, QBit secured a strategic investment in early 2026 from Arm, the global semiconductor IP leader within the SoftBank Group ecosystem.

As AI applications and cybersecurity demands continue to surge, QBit Semiconductor is committed to strengthening its R&D and deepening its market presence to support future growth opportunities following the tremendous success of its public debut.

Media Contact: Ms. Hsu
Email: media@qbitsemi.com
Tel: +886-2-7755-7688 ext. 11068 / +886-911-687-913
Company Websites: 
QBit Semiconductor: https://www.qbitsemi.com/ 
Arm: https://www.arm.com/

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SOURCE QBit Semiconductor LTD.

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INTOUCH INSIGHT ANNOUNCES Q1 2026 FINANCIAL RESULTS

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OTTAWA, ON, May 20, 2026 /CNW/ – Intouch Insight Ltd. (“Intouch” or the “Company”) (TSXV: INX) (OTCQX: INXSF), a provider of customer experience measurement solutions, today announced its financial results for the first quarter ended March 31, 2026.

Key Highlights for Q1 2026 compared to Q1 2025

Total revenue increased 6% to approximately $6.7 million.Gross margin dollars increased by $123,762.SaaS revenue increased by 11% and recurring services increased by 5%.Adjusted EBITDA1 was $352,624, compared to $557,748, reflecting planned strategic investments in sales, marketing, and technology.

Note 1: EBITDA is a non-IFRS measure and is calculated as net income before interest expense, income taxes, financing costs, depreciation, and amortization.

Recent Operational Highlights

Announced a strategic expansion into the grocery sector, highlighted by an upcoming featured speaking engagement at the GroceryNEXT conference in Chicago.Published proprietary thought leadership studies on the Quick Service Restaurant (QSR) industry, identifying a “Transactional Gap” in customer experience and revealing key drivers for mobile ordering success.Advanced key merchandising initiatives to actively build the sales pipeline and establish a foundation for expected long-term revenue expansion.Enhanced software and technology offerings, including investments in AI automation to improve platform functionality and client outcomes.Expanded sales and marketing capabilities to target new verticals and accelerate organic growth.

Cameron Watt, President & Chief Executive Officer of Intouch Insight, commented:

“The first quarter of 2026 progressed in line with our strategic plan, delivering solid top-line growth across every single product line, including an 11% increase in our SaaS revenue. We are confident in the immediate market opportunities in front of us and we are willing to trade near-term profitability, even operating at a potential loss, to fund our commercial expansion. We are intentionally prioritizing top-line growth and market share today because we believe our underlying unit economics are strong. By rapidly scaling our recurring revenue base now, we are expecting to accelerate our path to a tipping point of improved operating leverage and growth in earnings power.”

Watt added:

“Our sales pipeline is converting, highlighted by recent contract signings and exciting momentum with expected upcoming RFP’s for both SaaS and Services. Within our merchandising business, while large-scale rollouts naturally involve extended sales cycles, we remain focused on our target of generating over $1 million in revenue this year, supported by active opportunities and potential scope expansions. With these near-term catalysts in play, we are confident in our trajectory toward double-digit growth for the full year, making this a pivotal time to be part of our growth story.”

Q1 Earnings Conference Call Information

To participate in this event, register and log-in approximately 5 to 10 minutes before the beginning of the call.

Date: May 21, 2026
Time: 8:30 a.m. eastern time
Register for the live webcast and access on-demand recording: click here.

Consolidated Statements of Operations

Q1 2026

Q1 2025

Revenue

$    6,670,446

$    6,319,663

Cost of services

3,356,169

3,129,148

Gross margin

3,314,277

3,190,515

Total operating expenses

3,130,742

2,819,164

Income from operating activities

183,535

371,351

Non-operating expenses  (earnings) 

76,230

82,097

Income tax expense (recovery)

76,652

Net income (loss)

$       107,305

$       212,602

About Intouch Insight
Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release including those related to the Company’s quarterly results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws.  Forward looking statements that are made as of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company’s current views with respect to future events, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management cautions the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Intouch Insight Ltd.

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