Feb 4 (Reuters) - Jack Henry & Associates ( JKHY )

posted a 6.4% rise in second-quarter profit on Tuesday, as

demand for its financial technology services remained robust.

The company offers technology and payment processing

services mainly to small- and mid-size financial institutions.

Helping firms such as banks and financial institutions

accelerate their digital modernization initiatives.

Technology is crucial for such firms to meet customer

demands for a seamless digital banking experience and to compete

effectively with fintech companies.

Jack Henry's services and support revenue increased by 3.5%

to $323 million in the quarter ended Dec. 31, while its

processing revenue grew by 7.3% to $250.8 million.

The company's profit rose to $97.8 million, or $1.34 per

share, in the quarter, compared with $91.9 million, or $1.26 per

share, during the same period last year.