ACI
Worldwide (NASDAQ: ACIW), a leading global provider of electronic
payment and banking solutions, today announced that
Langley Federal Credit Union has selected the company to power its
internet banking and loan
payment initiatives.
With more than 203,000 members across the Mid-Atlantic, Langley is
ranked as one of the top 100 largest credit unions in the United States.
As it expands its online service offering, Langley felt it imperative to
offer premium modules, including Entitlements, ACH and Wire services to
its members—individual, Micro and small office/home office (SOHO)—that
are increasingly embracing internet
banking, the credit union’s fastest growing channel.
In order to deliver an optimal user experience, Langley selected ACI’s
Architect Banking solution. Langley is hosting its internet banking
application in ACI’s secure and fully compliant data centers, which host
banking and payment solutions for more than 4,000 financial
institutions, retailers and billers.
ACI Architect Banking is a single end-to-end solution for banking, bill
pay, mobile, marketing and administration that gives financial
institutions control, choice and flexibility to quickly respond to both
consumer and business needs. Along with the single platform experience
it provides for mobile, desktop and tablet, ACI offers Langley the
ability to enhance the solution in the future with Architect’s intuitive
software developer’s kit (SDK).
Langley has grown its loan portfolio by more than 30 percent annually
over the past two years, requiring the credit union to increase
self-service options. Langley selected ACI’s UP Bill Payment Solution,
One Time Pay, to power the future growth of its loan portfolio. The
credit union will be able to service members with debit card and ACH
bill payments from their channel of choice, including mobile, web, IVR
and call center.
“For more than 80 years, we have followed our vision of being our
members’ partner of choice for financial success. And this means
delivering them the richest banking experiences,” said Tom Ryan,
President and CEO, Langley Federal Credit Union. “ACI’s deep
understanding of credit unions, coupled with its flexible and scalable
real-time solutions, help us to remain focused on this vision.”
“As innovative credit unions like Langley expand and evolve to better
serve their members, they’re turning to ACI to help drive their growth,”
said Eric Labiak, senior vice president, ACI Worldwide. “We provide
financial institutions with internet banking and bill payment solutions
that are unmatched in the industry, not to mention a great team with a
long track record of success.”
About ACI Worldwide
ACI Worldwide, 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
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incorporated into a contract or agreement. The development release and
timing of future product releases remains at ACI’s sole discretion. ACI
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Copyright Business Wire 2014