ACI Worldwide, Inc.
Sep 20, 2017

ACI Worldwide Executive Elected to Ecommerce Europe's Payments Experts Taskforce

Appointment of Paul Thomalla to Experts Taskforce reinforces ACI's commitment to industry collaboration and growth of European e-payments

NAPLES, FLA, Sept. 20, 2017 (GLOBE NEWSWIRE) -- ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Paul Thomalla, senior vice president, Corporate Relations & Development, has been appointed to Ecommerce Europe's Payments Experts Taskforce, which supports the development of online payments strategies.

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The Payments Experts Taskforce was launched by Ecommerce Europe to assess opportunities and challenges in eCommerce arising from the changing dynamics of the fintech sector. The taskforce will assist Ecommerce Europe, which represents more than 35,000 online retailers across Europe, in developing comprehensive financial and digital strategies. It will also advise national associations and the e-Payments Working Committee on technical issues and market trends, and establish technical links to the Euro Retail Payments Board (ERPB) and other stakeholder groups.

ACI Worldwide serves payment providers and retailers throughout Europe with its UP eCommerce Payments solution, combining extensive global reach through a network of more than 350 card acquirers and alternative payment methods with integrated real-time fraud management. ACI's leading role in eCommerce payments is affirmed through recent industry recognition, including MPE Awards 2017 (International Award), PayFORUM 2017 (Cross-border Payments), and FStech Payments Awards 2016 (Best Online Payments Solution).

"Major changes like PSD2's Regulatory Technical Standards for Secure Customer Authentication, implementation of the General Data Protection Regulation (GDPR), and the use of electronic identification and trust services will present significant challenges for the online retail sector," said Paul Thomalla. "It is an honor to be invited to join the Ecommerce Europe Payments Experts Taskforce, but more importantly, to have the opportunity to shape strategies that will help the sector successfully navigate current and future changes."

"The rapid adoption of digital payments methods across both physical and online retail is driving improved operational efficiencies, better liquidity management, and improved customer satisfaction," added Marlene ten Ham, Secretary General of Ecommerce Europe. "The expertise and experience of senior payments industry executives such as Mr. Thomalla will be instrumental in helping Ecommerce Europe and its members strike the right balance between customer convenience, technological neutrality and payment security."

ACI Worldwide has also been at the forefront of championing the nexo standards, which aim to remove barriers that exist due to individual country protocols for card payment acceptance, and advance universal payments interoperability standards. Paul Thomalla joined the nexo executive board in June 2016 to support the adoption of these standards by retailers and organizations throughout Europe and globally.

About ACI Worldwide

ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers' premises or through ACI's private cloud, we provide real-time, immediate payments capabilities and enable the industry's most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

© Copyright ACI Worldwide, Inc. 2017. 
ACI, ACI Worldwide, ACI Payment Systems, the ACI logo, ACI Universal Payments, UP, the UP logo, ReD, PAY.ON 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 parties' trademarks referenced are the property of their respective owners.

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.

About Ecommerce Europe

Ecommerce Europe is the association representing 35,000+ companies selling goods and/or services online to consumers in Europe. Founded by leading national e-commerce associations, Ecommerce Europe is the voice of the e-commerce sector in Europe. Its mission is to stimulate cross-border e-commerce through lobbying for better or desired policy, tabling the e-commerce sectors' demands on the agenda of those designing the necessary standards and regulations, by offering a European platform bringing the European e-commerce sector and other stakeholders together, and by providing in-depth research data about European markets. Moreover, Ecommerce Europe provides certified online companies across Europe with a European Trustmark label, with the aim of increasing consumers' trust in cross-border purchases.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fdd25aa8-74f2-4ab5-88da-a0c812a9757c

Dan Ring

ACI Worldwide

+1 (781) 370-3600

dan.ring@aciworldwide.com



Christopher Taine (EMEA)

ACI Worldwide

+49 (0) 89 45230 557

christopher.taine@aciworldwide.com



Katrin Boettger (EMEA)

ACI Worldwide

+44 (0) 7776 147910

katrin.boettger@aciworldwide.com

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Source: ACI Worldwide, Inc.

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