ACI
Worldwide (NASDAQ: ACIW), a leading international provider of electronic
payment and banking solutions, has been recognized as an
industry leader by Aite Group, an independent research firm, in its
recent report, “2014 Evaluation of Leading Cash Management Providers.”
According to the report, “the U.S. cash management industry is ready for
change, and investment in the online and mobile channels is critical to
future success.” ACI has seen considerable momentum for its online
banking platform, and as the report notes, ACI had the highest number of
customers in terms of large and midsize U.S. banks (banks with greater
than US$10 billion in assets). ACI recently announced
that Webster Bank, a leading regional bank in the Northeast with $21
billion in assets, has selected the company to host its online banking
platform.
In the report, ACI was lauded for its online
banking platform, Universal Online Banker, which received two vendor
awards: Balance of Usability and Sophisticated Functionality and Global
Payments Flexibility. In terms of usability and functionality,
Universal Online Banker was cited for “offering robust functionality and
global capabilities coupled with a user-friendly interface making it
flexible enough to meet the needs of small businesses and large
corporations. While all of the vendors have increased their focus on
usability, none have been able to achieve the level of functionality ACI
Worldwide has without sacrificing usability.”
In terms of global payments flexibility, ACI was recognized “for the
innovation it is displaying with its payments frameworks and ability to
launch new payments quickly. ACI developed a framework that leverages
previously created and reusable payment screens and workflows that
represent about 80 percent of what is needed for any new payment type.
As such, when a bank requests a new payment type, the vendor simply has
to make tweaks to the previously created screens and workflows that are
unique to the desired payments type rather than create it from scratch.
This not only significantly increases the release speed, but also
ensures that all payment flows will have a similar look and feel,
regardless of country or payment type.”
“This latest independent research validates the benefits that customers
have realized from using our online banking platform, most importantly
launching new payments quickly,” said Matt Ellis, senior vice president
and product line manager, ACI Worldwide. “This recognition is testament
to both our great team and great technology—helping financial
institutions better compete.”
Separately, in another recent Aite Group report, “Real-Time Payments, a
European Perspective,” ACI was rated as a leader in terms of innovation
capabilities in real-time
payments (RTP). As noted in the report, “the platform vendors are
considered the fundamental pillar of RTP solutions…this emerging demand
is a great opportunity to drive forward the banks' payments
transformation, realizing the platform for the instant payments of the
future.”
About ACI Worldwide
ACI Worldwide, Inc., the Universal
Payments company, powers electronic payments and banking for more
than 5,000 financial institutions, retailers, billers and processors
around the world. ACI software processes $13 trillion each day in
payments and securities transactions for more than 250 of the leading global
retailers, and 21 of the world’s 25 largest banks. Through our
comprehensive suite of software products and hosted services, we deliver
a broad range of solutions for payment processing; card and merchant
management; online
banking; mobile, branch and voice banking; fraud
detection; trade finance; and electronic
bill presentment and payment. To learn more about ACI, please visit www.aciworldwide.com.
You can also find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2014.
ACI, ACI Payment Systems, the ACI logo and all ACI product names are
trademarks or registered trademarks of ACI Worldwide, Inc., or one of
its subsidiaries, in the United States, other countries or both. Other
parties’ trademarks referenced are the property of their respective
owners.
Product roadmaps are for informational purposes only and may not be
incorporated into a contract or agreement. The development release and
timing of future product releases remains at ACI’s sole discretion. ACI
is providing the following information in accordance with ACI's standard
product communication policies. Any resulting features, functionality,
and enhancements or timing of release of such features, functionality,
and enhancements are at the sole discretion of ACI and may be modified
without notice. All product roadmap or other similar information does
not represent a commitment to deliver any material, code, or
functionality, and should not be relied upon in making a purchasing
decision.
Copyright Business Wire 2014