May 6 (Reuters) - Jack Henry & Associates ( JKHY )

posted about a 28% rise in third-quarter profit on Tuesday,

helped by strong demand for the financial technology company's

products and services.

The Monett, Missouri-based company offers a range of

services from payment processing to business process automation

primarily to small- and mid-size financial institutions, helping

them to streamline operations and improve efficiency as digital

banking picks up pace.

Jack Henry's services and support revenue increased 8.5%

to about $330.8 million during the quarter ended March 31, while

its processing revenue increased 8.9% to $254.3 million.

The company's profit rose to $111.1 million, or $1.52 per

share, during the period, from $87.1 million, or $1.19 per

share, a year earlier.