A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
Search Payments News
September 29, 2020
On the wires
ACI Worldwide and Mastercard to Collaborate and Advance New Payment Solutions and Experiences for Customers
“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , and Mastercard, the global multi-rail payments technology company, today announced that they will partner to provide a wide range of real-time payment solutions globally. They will initially collaborate to offer best-in-class central infrastructure, payments localization and access solutions to central banks, scheme operators, financial institutions, payment service providers, and other organizations launching real-time payments initiatives.”
September 1, 2020
On the wires
ACI Worldwide and Partners Capsys and T-Systems Power Majority of Hungary’s Real-Time Payments
“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that it powers approximately 75 percent of Hungary’s real-time payments, after the successful go-live of the country’s domestic real-time scheme. The scheme mandates that all transactions below HUF10M ($34,000) must be processed immediately.”
June 16, 2020
On the wires
Banco Safra Launches in the U.S. With ACI Worldwide’s Cloud-Enabled Payments Solutions
“ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions , today announced that Banco Safra, the world’s largest privately-owned bank, will utilize ACI’s UP Retail Payments solution and UP Framework deployed in the public cloud via Microsoft Azure. Banco Safra will benefit from ACI’s cloud-enabled solutions and API connectivity as it expands its operations into the U.S. market with a new acquiring offering – SafraPay.”
June 1, 2020
On the wires
Conductor, Leading Brazilian Card Processor, Enters Latin America Acquiring Market With ACI’s Cloud-Enabled Solutions Powered by Microsoft Azure
“ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Conductor, a leading Brazilian-based card processor, is spearheading its entrance into the Latin American acquiring market using ACI’s UP Retail Payments and UP Payments Risk Management solutions, which it will deploy in the public cloud powered by Microsoft Azure.”
May 19, 2020
On the wires
ACI Worldwide Teams with Wundr to Power Cross-Border Payments with Instant Settlement for Mid-Tier Retailers
“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions , today announced that Wundr, a retail payments platform that fuses B2C digital payments and B2B business banking, will power its payments with ACI’s UP eCommerce Payments solution . ACI’s secure eCommerce technology, integrating digital payments with multi-layered fraud management capabilities, gives Wundr a foundational platform upon which it can build a range of new products and services for mid-tier and large retailers, including instant settlement.”
May 12, 2020
Top Post
Global eCommerce Retail Sales Up 209 Percent in April, ACI Worldwide Research Reveals
“The COVID-19 crisis continued to drive global eCommerce sales in April, with the general retail sector experiencing 209 percent growth compared to the same period last year, according to an analysis by ACI Worldwide of hundreds of millions of eCommerce transactions from global online retailers. Following general retail, the gaming segment saw the biggest bump, up 126 percent in April. The sustained increase in eCommerce transaction volume reflects a full month of wide-ranging restrictions on in-store retail activity and other COVID-19-related measures, evidenced by average transaction volume growth of 23.5 percent in April versus the same period last year. By comparison, there was a 5.3 percent increase in March 2020, when lockdowns first came into effect.”
April 29, 2020
On the wires
ACI Worldwide’s Credit and Debit Card Management Capabilities Provide Payment Flexibility During COVID-19 Crisis
“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions , is delivering financial institutions a series of card management features within its ACI Issuer product as part of its COVID-19 rapid response program. To address the growing financial challenges resulting from the COVID-19 crisis, ACI Issuer provides a series of capabilities — Installment Pay Option, Payments Holiday, Credit Card Expiry Bypass and Virtual Cards — to enable banks to respond more quickly to market demands and regulations.”
April 15, 2020
On the wires
ACI Worldwide Collaboration With Hi-Pay Is a Growth Catalyst for Mongolia’s Emerging Payments Ecosystem
“Hi-Pay selected ACI’s UP eCommerce Payments solution with its integrated secure payments gateway and fraud management capabilities, and connected with ACI’s UP Real-Time Payments solution, to provide a modern and internationally compatible payments system for the Mongolian market, which depends primarily on the domestic T-Card bank network. In addition to supporting the existing T-Card network, Hi-Pay will enable alternative payment methods such as Alipay and WeChat Pay, making these payment methods available through its own mobile wallet and merchant loyalty scheme.”
November 25, 2019
On the wires
ACI Worldwide Announces Integration With Salesforce Commerce Cloud
“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions , today announced its integration with Salesforce Commerce Cloud, which provides personalized experiences for shoppers that span web, mobile, social and in-store. The integration allows customers to quickly deploy ACI’s UP eCommerce Payments and fraud management solution in Salesforce Commerce Cloud.”
September 23, 2019
On the web
ACI Worldwide Launches Universal Confirmations—Empowering Banks to Deliver Full Transparency to Customers
businesswire
“By the end of 2020, all financial institutions on SWIFT will be required to confirm payments to the Basic Tracker. ACI, which has been a SWIFT partner for more than 20 years, is rolling out universal confirmations for all customers wanting to participate in the SWIFT pilot program one year before the new rules will become mandatory.”
July 31, 2019
On the wires
ACI Worldwide’s Mobile Payments Technology Supports Pay-In-Aisle Launch of British Convenience Food Retailing Giant, Co-op
businesswire
“ACI Worldwide , a leading global provider of real-time electronic payment and banking solutions , today announced that its mobile payments technology is an essential component of the Co-operative Group’s new Pay-in-Aisle App. The Co-operative Group (Co-op) is one of the UK’s largest convenience food retailers with more than 2,600 stores and fuel sites across the country. The app will be launched across 30 Co-op food stores in England, Scotland and Wales by early August 2019, utilizing the Mobile Commerce SDK that is part of ACI’s UP eCommerce Payments solution. The app allows customers to scan products on their own device as they shop and when they have finished, product costs are deducted from their Apple Pay or Google Pay accounts with a touch of a button. The technology sits alongside existing payment methods – including cashiers and self-scan tills.”
June 27, 2019
On the wires
ACI Worldwide Launches Real-Time Disbursement Services to Bill Payments Portfolio
businesswire
“ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions , today announced the launch of ACI Disbursement Services™. Part of ACI’s comprehensive UP Bill Payment solution, Disbursement Services allows businesses to send money to consumers’ bank accounts in real-time using their debit card. Backed by two of the world’s largest electronic payment networks, debit card disbursements use Visa Direct and Mastercard Send real-time payments platforms.”
October 2, 2018
On the wires
ACI Worldwide Powers Pan-European Real-Time Payments
“Available as part of its UP Real-Time Payments solution, ACI enables financial institutions of all sizes to rapidly offer TIPS pan-European instant payments services, with minimal cost, disruption and fast time to market. Offered as a cloud-service or on premise, the new solution capabilities are designed to scale up and can be quickly modified to suit the requirements of any other domestic or pan-European instant payments scheme.”
September 12, 2018
On the wires
ACI Worldwide and SWIFT Empower Banks to Take Advantage of Real-Time, Cross-Border Payments Revolution
“ACI, the first certified vendor of SWIFT gpi solutions and a SWIFT partner for more than 20 years, is offering two new capabilities to help banks derive the full value of SWIFT gpi – ACI Swift gpi Data Service and ACI SWIFT gpi Connect. Both are designed to enable banks to take full advantage of today’s new real-time, cross-border payment opportunities, and differentiate their services from competitors, both those that are gpi-enabled and those that have yet to join.”
July 11, 2018
On the wires
ACI Worldwide And PAX Bring Additional Payment Terminal Options For Merchants Globally
Business Wire
“ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, and PAX, a global leader in the provision of secure electronic payment terminal solutions, have entered into a non-exclusive global agreement to offer additional payment terminal options for merchants worldwide. In addition, PAX payment terminals will be the first to receive nexo certification with ACI’s UP Merchant Payments solution. nexo certification enables fast, interoperable and borderless payments acceptance by standardizing the exchange of payment acceptance data between merchants, acquirers, payment service providers and other payment stakeholders.”
Take us with you
Payments on Fire is available on iTunes, Spotify, Google, Stitcher, Pocket Casts, and other podcast apps and services. Or just say “Alexa, play Payments on Fire podcast.”
