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April 1, 2024

On the wires

February 13, 2024

On the wires

December 18, 2023

On the wires

November 30, 2023

On the web

November 28, 2023

On the wires

November 8, 2023

On the wires

October 24, 2023

On the wires

Global eCommerce Transactions Expected To Surge by 14% During 2023 Holiday Season, Friendly Fraud Looms as the Biggest Spoiler

Business Wire

Global eCommerce transactions are expected to rise 14% from October through December 2023 compared to the same period last year, according to data analysis from millions of eCommerce transactions conducted by ACI Worldwide. Fraud attempts are predicted to grow to 3% of all transactions, with friendly fraud posing the most substantial threat, accounting for 20% of all fraud risks.

September 13, 2023

On the wires

September 6, 2023

On the web

July 19, 2023

On the web

ACI Worldwide and Dock Partner to Launch Acquiring as a Service Solutions

Electronic Payments International

"The new “as-a-service” model enables financial institutions, such as retailers, restaurants, apparel, and e-commerce businesses, to become acquirers through a subscription process. This eliminates the need for complex accreditations from card networks and the Central Bank. By teaming up, Dock’s Acquiring-as-a-Service solutions will benefit from ACI Worldwide’s technology, allowing integration with other payment solutions."

June 19, 2023

On the web

May 30, 2023

On the wires

Asia Pacific Continues Growth Trajectory in Real-Time Payments Market, Leads the Way in Cross-Border Payment Linkages

Business Wire

"Real-time payments (RTP) transaction volumes in the Asia Pacific (APAC) region are expected to grow from 49.2 billion in 2022 to 96.2 billion by 2027, representing a CAGR of 14.1%, according to the 2023 Prime Time for Real-Time report published by ACI Worldwide, a global leader in mission-critical, real-time payments software, in partnership with GlobalData, a leading data and analytics company."

May 22, 2023

On the web

May 16, 2023

On the wires

ACI Worldwide Certified on FedNow, Integrating Corporate One FCU on ACI Real-Time Payments Cloud

Business Wire

ACI Worldwide, a global leader in mission-critical, real-time payment solutions, today announced that it is among the first in the payments industry to complete testing and certification for the FedNow℠ Service, the Federal Reserve’s new instant payments offering launching this July. Working closely with the U.S. Federal Reserve and stakeholders across the payments industry, ACI identified Corporate One Federal Credit Union as its initial partner to integrate instant payment services on FedNow via ACI’s Real-Time Payments Cloud to reach credit unions across the country.

April 24, 2023

On the wires

ACI Worldwide and MagicCube Partner to Deliver Tap to Pay Acceptance for Mid-to Large Retailers

PR Newswire

"ACI Worldwide, a global leader in mission-critical, real-time payments, has teamed up with MagicCube, the creator of i-Accept™, to deliver secure and seamless contactless payments on commercial off-the-shelf (COTS) smartphones and tablets using Tap to Pay—with or without PIN. The solution will provide mid-size and large retailers operating in complex environments with device-agnostic control and visibility of transaction data. This comes on the heels of MagicCube's announcement extending its platform to big-box retailers."

March 30, 2023

On the web

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth – ACI Worldwide Report

ACI Worldwide

"New sophisticated use cases for consumers and businesses are driving global RTP volumes to record highs, with 195.0B RTP transactions recorded globally in 2022 — a YoY growth of 63.2% — according to the 2023 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software, in partnership with GlobalData, a leading data and analytics company."

February 1, 2023

On the wires

ACI Worldwide Increases Global Reach, Powering 25 Domestic and Pan-Regional Real-Time Schemes

Businesswire

ACI Worldwide, a global leader in mission-critical, real-time payments software, today announced the expansion of the global reach of its industry-leading, real-time payments software solutions. ACI now powers 25 domestic and pan-regional real-time schemes across six continents — including nine central infrastructures — providing solutions to central banks, participant banks, fintechs and other payment service providers.

January 18, 2023

On the web

5 Companies at the Forefront of Real-time Payments in the US

IBS Intelligence

Real-time Payments (RTPs) are payments that settle and clear quickly with the use of an underlying platform or network called a ‘payment rail.’ RTPs are made between bank accounts. RTP solutions are built on the connection between payee and payer and can be used by merchants of any size, consumers, and financial institutions to carry out payments to settle bills or transfer money with peers or customers. Here are 5 companies at the forefront of Real-time Payments in the US...

January 17, 2023

On the web

ACI Worldwide Launches ACI Instant Pay for Merchants - In-Store, Online, and Mobile Real-Time Payments

ACI Worldwide

ACI Worldwide, a global leader in mission-critical, real-time payments software, today announced the launch of ACI Instant Pay, a new real-time payments solution that enables merchants in the U.S. to accept online, mobile and in-store payments instantly. The expansion of ACI's real-time payments software solutions to merchants reinforces ACI’s global leadership in powering domestic and pan-regional real-time schemes reaching billions worldwide. Merchants can enable ACI Instant Pay via simple API integration with ACI's payments orchestration platform.

December 14, 2022

On the web

Axerve Partners With ACI Worldwide to Help eCommerce Businesses Grow Revenues in the U.K.

Marketscreener

“Axerve, Payment Partner to Grow and a specialist in developing accessible and frictionless payment solutions, and ACI Worldwide, a global leader in mission-critical, real-time payments software, have announced the launch of a strategic partnership — geared towards offering enhanced payment orchestration services to eCommerce merchants across the U.K., Europe and the U.S. The partnership aims to provide merchants with improved payments orchestration and fraud prevention services, thereby increasing their acceptance of payments, improving payments security and ultimately boosting their conversion rates and revenues. EcommerceDB states that as of 2021, there are more than 59 million eCommerce consumers in the U.K. alone; this number is estimated to reach 62 million (+6%) by 2025. Thus, it has become increasingly important to ensure that eConsumers’ needs are met quickly and efficiently. The integration of ACI Secure eCommerce and Axerve’s payments orchestration platform strives to provide eCommerce merchants and their consumers with personalized and integrated payment orchestration solutions. Furthermore, through partnering with a key global player and strengthening its U.K. presence, Axerve has undoubtedly reached a key milestone in its internationalization process following its U.K. launch in 2022.”

November 21, 2022

On the web

APP [Authorized Push Payment] Fraud Volumes Expected to Double by 2026, Says Report

ComputerWeekly.com

Losses to authorised push payment (APP) fraud will double across the UK, India and the US in the next four years, hitting $5.25bn (£4.44bn), with a compound annual growth rate of 21% across the period, according to a report produced by ACI Worldwide, a supplier of payments software, and GlobalData, an analytics firm. In the UK specifically, APP fraud volumes in 2021 were $789.4m, with the potential to rise to $1.56bn by 2026.

APP fraud is defined as a type of scam in which the victim is convinced to transfer money to the fraudster or hand over money for goods that are never received or never existed in the first place.

APP fraud is reaching epidemic levels thanks to the growth of real-time payments, the prevalence of which makes it much easier for fraudsters to get away with it. This is because payments made in real time are transferred instantly and cannot be reversed by the victim. Fraudsters can further exploit this feature to launder their profits, moving payments through other accounts to cover their tracks and lower the risk of being traced.

On the wires

ACI Worldwide and NTT DATA Collaborate To Boost eCommerce Growth in Europe and Latin America

Businesswire

ACI Worldwide, a global leader in mission-critical, real-time payments software, and NTT DATA, a leading global technology company and IT systems integrator, will work together to advance growth into new markets across Europe and Latin America, focusing on the Italian market initially. Under a recently signed partnership, NTT DATA will integrate ACI Secure eCommerce into its technology solutions portfolio, instantly expanding merchant access to hundreds of local and cross-border acquirers and new card, digital and mobile payment methods. Merchants across Europe and Latin America are seeking to modernize their payments infrastructure. ACI Secure eCommerce is a smart, agile, holistic payments orchestration platform that enables merchants to accept new payment methods, prevent fraud and optimize customers’ payment journeys for maximum conversion and at minimum cost. The platform combines a powerful eCommerce payments gateway with sophisticated real-time fraud management capabilities and advanced business intelligence tools. It includes the ACI Mobile Commerce SDK, enabling merchants to offer a mobile checkout experience, the ACI Smart Engage mobile engagement platform and ACI PayAfter, a comprehensive “buy now, pay later” (BNPL) offering connecting customers to more than 70 BNPL lenders.

September 2, 2022

On the web

Upgrading UK’s Ageing Payments Infrastructure to Boost UK GDP by $3.8bn by 2026

ACI Worldwide

“Upgrading the UK’s ageing payments infrastructure and increasing real-time payments adoption are forecast to boost the UK economy by $3.8 billion – 0.11% of formal GDP – by 2026, according to a new study published by ACI Worldwide, Global Data, and the Centre for Economics and Business Research (Cebr). According to the Cebr, the ‘untapped potential’ of real-time payments in the UK is enormous – the theoretical impact of all payments being real-time could boost the UK’s economy by up to $98.0 billion in 2026, or 2.7% annually. The findings come after the latest UK GDP figures from the Office for National Statistics continue to show sluggish output for the UK economy in 2022 and follow recent IMF forecasts suggesting the UK is set to have the weakest growth in the G7 next year.”

August 8, 2022

On the web

ACI Worldwide and CARDNET Team Up to Modernize Digital Payments in Japan

Businesswire

“ACI Worldwide, the global leader in mission-critical, real-time payments software, today announced an agreement with Japan’s leading central domestic payment network, Japan Card Network, Inc, CARDNET, to modernize its digital payments infrastructure. The agreement will see ACI work with CARDNET to provide the latest digital payments technology and next-generation solutions to CARDNET’s customers. CARDNET processes more than 30 billion domestic payment transactions annually and provides card payment switching services to 106 companies nationwide and over 889,000 point of sale terminals to Japan’s leading merchants. The new infrastructure will enable it to meet growing demand and provide its customers with more sophisticated digital payment services and solutions covering both Japan domestic and international market.”

April 26, 2022

On the wires

Real-Time Payments Evolution Underway as Asia-Pacific Seeks New Growth Frontiers – ACI Worldwide Report

“Asia-Pacific is gearing up for the next phase of its real-time payments journey as the region’s major players seek new growth opportunities and prepare to enter the next stage of their real-time payments development, according to the third edition of Prime Time for Real Time 2022, published by ACI Worldwide, (NASDAQ: ACIW), in partnership with GlobalData , a leading data and analytics company, and the Centre for Economics and Business Research (Cebr).”

March 17, 2022

On the web

RocketFuel and ACI Worldwide Partner to Enable Cryptocurrency Acceptance With Zero Merchant Fees

GlobeNewswire News Room

“RocketFuel Blockchain, Inc. (OTC QB: RKFL), a global provider of payment solutions via Bitcoin and other cryptocurrencies and ACI Worldwide, a leading global provider of real-time digital payment software and solutions, recently announced a partnership that will enable ACI Secure eCommerce to offer RocketFuel’s solution via a single integration, enabling ACI’s more than 80,000 merchants to accept cryptocurrency payments with zero processing fees—an industry first.”

February 22, 2022

On the wires

December 1, 2021

On the wires

ACI Worldwide Drives Payments Innovation for PayPoint

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , today announced it is extending its partnership with PayPoint , the leading provider of innovative technology and payment services, to drive modernization of its payments business. PayPoint , a long-standing customer, will utilize ACI Acquiring , a secure and scalable solution to deliver digital innovation and capabilities to accept both traditional and alternative payment methods .”

August 23, 2021

On the wires

ACI Worldwide Protects More Than One Billion Consumers Globally From Fraud in the Era of Open Banking and Real-Time Payments

ACI Worldwide , a leading global provider of real-time digital payment software solutions , today announced that it protects more than one billion consumers globally from new and emerging threats in the era of real-time payments and open banking through its award-winning ACI Fraud Management solution. While the pandemic has accelerated the global shift toward real-time and digital payments , it has also accelerated the creation of digital accounts– including new accounts from the previously unbanked population”

August 5, 2021

On the wires

ACI Worldwide Strengthens Strategic Alliance With Microsoft to Deliver Payments Platform in the Cloud

ACI Worldwide , a leading global provider of real-time payments and digital payment software solutions , today announced an expanded multi-year strategic alliance with Microsoft to deliver payments solutions in the cloud. The alliance will accelerate and expand ACI’s cloud payments offerings in Microsoft Azure as more financial institutions (FIs) embrace digital transformation.”

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