ACI Provides Real-Time Payments Capability for BMO Financial Group
UP Real-Time Payments solution enables BMO to drive payment innovation and provide a unified payments experience
ACI’s UP Real-Time Payments solution is the only global solution that allows financial institutions to address their RTGS (Real-time Gross Settlement), SWIFT messaging, ACH and real-time faster payments needs with a single, universal offering. ACI enables faster time to market, better management of cash flow, improved secure payments and fraud detection capabilities, simplified connectivity to new payments types, and transparency for customers in tracking their payments.
“Creating an effortless client experience is what drives BMO’s focus on
innovation. The UP Real-Time Payments Solution enables foundational
payments hub capabilities that will allow us to provide our customers
with a broad range of payment options, including new functionality while
also increasing digitization,” said
“ACI provides a real-time payments hub that creates a unified experience
across channels and the flexibility to address global market payment
needs, today and into the future,” said
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider and the 8th largest bank, by assets, in North America. With total assets of $710 billion as of October 31, 2017, and more than 45,000 employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers.
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.
ACI Worldwide, Inc.
Dan Ring, 781-370-3600