The Clearing House's new RTP system will deliver to FIs of all sizes the ability to take advantage of the benefits of real-time payments—sending and receiving transactions in real time, in a payments environment that is secure and flexible, and providing an industry platform for future payment innovations.
ACI's RTP Start UP program features a two-pronged approach to facilitating access to the system and increasing awareness of real-time payments at the same time. Financial services providers such as Jack Henry & Associates are working with ACI to enable functionally-rich, rapid integration with the RTP system using ACI's UP Immediate Payments solution—supporting thousands of financial institutions to offer real-time payments to their customers. UP Immediate Payments is offered both on-premise and through ACI's secure cloud to any organization looking for quick access to the RTP system with a low risk, cost-predictable solution. As part of ACI's program, FIs are now able to benefit from a hybrid approach of on-premise and cloud.
"Real-time payments are now a reality in the US, and the RTP system is open to all US depository
institutions, no matter their size, and will be used by corporations and consumers looking to benefit from their efficiencies," said
"ACI's RTP Start UP program offers a host of options to support a quick on-ramp to RTP while managing investment with predictable costs for increased ROI options," said WA Proctor, vice president,
In addition to flexible deployment options, ACI's UP Immediate Payments Start UP program includes a real-time payments educational and training component, featuring practical use cases, business improvement opportunities based on the ISO 20022 data standards, and best practices for dealing with 24/7/365 operational considerations. ACI is hosting a series of educational events on understanding the real-time payments opportunity and how the new payment types can improve customer experience and reduce payment processing costs. Audiences for these programs include corporations, billers and FIs. The link between meeting customer demand and achieving long-term savings was discussed in the most recent educational sessions for financial institutions. This week, ACI is hosting educational events for biller communities and has a quarterly series scheduled for 2018.
ACI has an unmatched global customer base of financial institutions and payment service providers using its UP Immediate Payments solution. In the
In addition to ACI's heritage in real-time payments, the company powers billing and payments for more than 3,600 organizations. Through its comprehensive UP Bill Payment Solutions delivered through ACI's private cloud, clients report an average of 25 percent improvement in consumer satisfaction and 18 percent savings increase in staff time spent on payments. ACI enables clients to send bills and receive payments anytime anywhere with API, mobile, web, phone, mail and in-person options, featuring debit card, credit card, ACH, check and cash.
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.
Andrea Snyder ACI Worldwide+1 (781) 370-4817 firstname.lastname@example.org Dan Ring ACI Worldwide+1 (781) 370-3600 email@example.com
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