Jack in the Box Inc
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JACK Jack in the Box Inc
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Consumer Discretionary : Hotels, Restaurants & Leisure | Small Cap Blend
Company profile

Jack in the Box Inc. is a restaurant company that operates and franchises Jack in the Box quick-service restaurants (QSRs). The Company operates approximately 2,200 Jack in the Box quick-service restaurants, primarily in the western and southern United States, including one in Guam. Jack in the Box is a hamburger chain, which offers a selection of products, including classic burgers such as, Jumbo Jack burgers, and product lines, such as Buttery Jack burgers. It also offers breakfast sandwiches with freshly cracked eggs, tacos, curly fries, egg rolls, specialty sandwiches and real ice cream shakes, among other items. The Company allow its guests to customize meals to their tastes and order any product on the menu when they want it, including breakfast at night, or burgers and chicken in the morning. It also involves the concept of drive-thru restaurants. Its Jack in the Box restaurants have seating capacities, ranging from 20 to 100 people.

Price
Delayed
$77.23
Day's Change
-0.47 (-0.60%)
Bid
--
Ask
--
B/A Size
--
Day's High
78.81
Day's Low
77.06
Volume
(Light)

Today's volume of 16,231 shares is on pace to be much lighter than JACK's 10-day average volume of 348,736 shares.

16,231

Worldpay from FIS Extends Partnership with Chargebacks911 to Help Reduce Chargebacks for Merchants

8:00 am ET July 28, 2022 (BusinessWire) Print

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Financial technology leader Worldpay from FIS(R) (NYSE: FIS) is extending its partnership with dispute technology provider, Chargebacks911, by launching an enhanced range of Disputes Deflector products. These products will provide merchants with a broader range of solutions to help reduce chargebacks, lower costs and combat fraud.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220728005058/en/

Chargebacks continue to be a big issue for merchants, with a recent survey finding 65 percent of merchants had reported an increase in chargeback fraud in 2022(1). FIS is proactively trying to ease the chargeback burden on merchants by launching an enhanced range of Disputes Deflector products.

Disputes Deflector is a set of five chargeback and dispute avoidance products accessible through one single integration. Worldpay's flexible architecture connects merchants to best-in-class service providers, and through an open platform, they will be able to leverage consolidated post-transaction fraud management tools that are integration-friendly and supported by multiple APIs. This will allow merchants to access the best-in-class solutions that dramatically streamline chargeback and dispute inquiry management, while simultaneously gaining access to the next-generation of payment capabilities and technology which responds to the growth of eCommerce.

"Changes in consumer preferences and merchant practices have retailers, card issuers and networks moving away from the manual dispute management processes," said Vicky Bindra, Chief Product Officer at FIS. "Open platforms and flexible architecture are now vital, allowing automated products that reduce the time and effort invested in managing and resolving dispute volume. We are delighted to further expand our partnership with Chargebacks911 to provide merchants with a comprehensive and innovative product that will help them fight costly chargebacks."

"We've been very impressed by Worldpay identifying merchants' need for automation in managing the increasing complexity of disputes," said Monica Eaton-Cardone, COO and Co-Founder of Chargebacks911. "This consolidated approach will deliver much needed scale and efficiency as the world becomes more digital. And as the card brands continue to expand their offerings the task of managing disputes at all stages requires aggregation and expertise, best leveraged through a unified platform."

Chargebacks911 is a global leader in chargeback management and safeguards over 2.4 billion online transactions every year, representing clients in 87 different countries(2).

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS ranks #241 on the 2021 Fortune 500 and is a member of Standard & Poor's 500(R) Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

(1) Chargebacks 911 2022 Chargeback Field Report

(2) Chargebacks 911.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220728005058/en/

SOURCE: Fidelity National Information Services

Kim Snider, 904.438.6278
Senior Vice President
FIS Global Marketing and Communications
kim.snider@fisglobal.com
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COMTEX_411155424/1006/2022-07-28T08:00:00

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