ACI’s cloud-based digital banking solution allows 1st Source to
effectively compete with larger banks and increase cash management
market share
NAPLES, Fla.--(BUSINESS WIRE)--May 6, 2019--
ACI
Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic
payment and banking solutions, today announced that 1st
Source Bank, the largest locally-controlled financial institution
headquartered in northern Indiana, has selected ACI’s cloud-based
digital banking solution, Universal
Online Banker, to meet the shift in market demand toward digital
banking and mobility.
1st Source Bank delivers a comprehensive range of banking services to
consumers and businesses. In order to keep pace with the evolving
digital economy and increase its industry footprint against larger
financial institutions and fintech disruptors, the bank sought to
provide its customers with a modern and secure digital banking
experience. In addition, the bank looked to provide consistent
interactions across all devices – mobile, tablets and desktops. With
ACI’s Universal Online Banker, 1st Source will be able to improve
customer experience and develop new revenue streams.
“Providing outstanding customer service and superior quality banking
services have always been at the core of what we do,” said Jim Seitz,
president, 1st Source Bank. “With ACI’s digital banking solution, we’re
able to offer sophisticated online banking tools that help our customers
manage their cash flows, make payments and instantly assess the
financial status of their business. In addition, with APIs offered
through ACI’s cloud-based solution, we’re able to innovate and create
new services that keep up with customer expectations.”
“Investing in new digital banking technology has become table stakes for
banks to remain competitive in today’s market,” said Jim Gillespie, vice
president, Banking Solutions, ACI Worldwide. “This requires banks to
continuously update and improve their cash management platforms to grow
their business and meet new customer expectations. With ACI’s
cloud-based Universal Online Banker, 1st Source is set to take advantage
of the digital banking transformation and successfully compete with
larger institutions and disruptors in the space.”
ACI’s cloud-based Universal Online
Banker empowers banks to offer numerous features and services to
their commercial and business banking customers. It incorporates
industry-leading security and includes an extensive library of APIs, and
the ease of access through mobile, tablets and desktops allows banking
customers to manage their cash position wherever and whenever they want.
The solution was recognized as “Best-in-Class” in the AIM
Evaluation: The Leading Providers of U.S. Cash Management, 2018
report from Aite Group. As the market advances in real-time payments,
ACI will offer real-time payments origination and receipt tracking as
part of Universal Online Banker, which supports transactions sent by
banks’ business customers to The Clearing House (TCH) real-time payments
(RTP) network. ACI’s UP Immediate Payments solution further extends this
origination, which enables TCH RTP message clearing and connectivity.
ACI will showcase digital banking, faster payments and cybersecurity at
NACHA Faster Payments 2019 at booth # 417, May 5-8. For more
information, visit ACI
at NACHA Faster Payments 2019.
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. 2019
ACI, ACI Worldwide, the ACI
logo, ACI Universal Payments, UP, the UP logo and all ACI
product/solution 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190506005128/en/
Source: ACI Worldwide
Dan Ring
E-mail: dan.ring@aciworldwide.com
Phone:
781-370-3600
Nidhi Alberti
Email: nidhi.alberti@aciworldwide.com
Phone:
781-370-3600
