ACI Worldwide has announced that Southern Auto Finance Company (SAFCo) has selected its UP Bill Payment Solution to increase consumer convenience and reduce payment processing costs. SAFCo customers will be able to pay their loans electronically on a mobile device, computer or via phone with a debit card or ACH (Automated Clearing House). They will
ACI Worldwide has announced that Ecentric Payment Systems, South Africa’s leading payments processor, is utilizing ACI’s Point to Point Encryption (P2PE) solution to provide a more secure path for consumer transactions initiated at many of the largest retailers in Africa. P2PE is an emerging encryption technique in the payments industry that protects sensitive cardholder data
ACI Worldwide has announced that it has become a principal member of EPASOrg, a leading not-for-profit organization focused on overcoming obstacles to interoperability in electronic card payments. The role of EPASOrg is to develop, promote and maintain card payment standards across Europe, providing retailers with cost efficiencies and enhanced innovation as they expand their footprints
Recently publicized data breaches are impacting the operations of financial institutions, according to a recent survey by ACI Worldwide. The survey of financial industry professionals was conducted in March 2014 at BAI Payments Connect and reports that 44 percent of customer accounts have been compromised. • 44 percent of customer accounts have been compromised •
ACI Worldwide a provider of electronic payment and banking systems, has unveiled the next generation of its consumer payments solution, enabling real-time, any-to-any payments. ACI is empowering financial institutions, retailers and billers to reduce payment processing costs, increase customer loyalty and drive new revenues by giving consumers more control over their money and the payment services they value. The
ACI Worldwide, Inc., a provider of electronic payment and banking systems, has announced financial results for the period ended December 31, 2013. “ACI has finished an important transitional year,” commented Phil Heasley, ACI President and CEO. “The integration of Online Resources is substantially complete, Official Payments is on schedule and our EBPP business is performing
ACI Worldwide, a provider of electronic payment and banking systems, has announced that Genesis Financial Solutions has selected ACI Bill Payment Solutions to facilitate customer loan payments. Genesis Financial Solutions, a leading U.S. consumer finance company, was using multiple legacy systems across different lines of business and funding sources. As its business grew, the complexity
ACI Worldwide, a provider of electronic payment and banking systems, has announced that major payment device vendors including VeriFone, Ingenico and Equinox support its Point to Point Encryption (P2PE) solutions. P2PE is an emerging encryption technique in the payments industry that protects sensitive cardholder data in transit—as it is transmitted from a merchant’s store to
In response to increasing demand across the Americas for its electronic payment and banking systems, ACI Worldwide has bolstered its Americas leadership team and established a new Latin America headquarters in Sao Paolo, Brazil. ACI’s new executive appointments include: Andreas Suma, vice president & general manager for Latin America; Jonathan Lerner, vice president & general
ACI Worldwide a leading international provider of electronic payment systems, announced it has completed the acquisition of Official Payments Holdings, Inc. a leading provider of electronic bill payment solutions. Under the terms of the agreement, ACI Worldwide acquired Official Payments in an all-cash transaction for $8.35 per share. Norcross, GA-based Official Payments provides bill payment
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