ACI Money Transfer System Demonstrates Consolidated Solution Readiness
NAPLES, FLA—April 18, 2013— ACI Worldwide (NASDAQ: ACIW), a leading international provider of payment systems, announced today the benchmark results for processing bulk payments on ACI Money Transfer System™. The solution offers financial institutions the opportunity to rationalize multiple payment processing systems, each typically with their own hardware, software and support costs, onto a single consolidated solution. This consolidation provides improved operational efficiencies and the potential for significant cost reduction. During the tests, Money Transfer System successfully processed 15 million transactions per hour through end-to-end, real world processing scenarios.
“ACI is committed to bringing our customers industry leading solutions which meet their needs today and the core ability to meet the growing and more sophisticated payment processing demands of tomorrow,” said Jonathan Eber, Director and Product Line Manager, Wholesale, ACI Worldwide. “This latest test for Money Transfer System demonstrates its ability to deliver unparalleled functionality and the capacity to scale to meet the high-volume of transactions required for bulk processing.”
On a single platform Money Transfer Systems supports:
RTGS
CHIPS
ACH/SEPA
SWIFT Messaging
UK Faster Payments
This consolidated approach allows a financial institution to differentiate its offerings consistently across payment types. ACI used environments reflective of our customers’ real- world production deployments and the results were validated by Aite Group. The tests included the full-range of payment processing steps from de-bulking of files, rule validations, full parsing and enrichment through to distribution and risk management.
“Financial institutions need a solution which can scale to handle the growing global electronic volumes,” said Nancy Atkinson, Senior Analyst, Aite Group who validated the testing. “In order to meet these demands it is vital that providers subject their products to rigorous benchmarking with real-world processing scenarios so customers can rest assured that they will be able to meet the demands placed upon it.”
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than 1,750 financial institutions, retailers and processors around the world. ACI software enables $13 trillion in payments each day, processing transactions for more than 250 of the leading global retailers, and 18 of the world’s 20 largest banks. Through our integrated suite of software products and hosted services, we deliver a broad range of solutions for payments processing, card and merchant management, online banking, mobile, branch and voice banking, fraud detection, and trade finance. To learn more about ACI and the reasons why our solutions are trusted globally, please visit www.aciworldwide.com. You can also find us on www.paymentsinsights.com or on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2013.
ACI, ACI Payment Systems, the ACI logo 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.
Contact details
Media Contact:
Courtney Cydylo
+1-781-370-3697
courtney.cydylo@aciworldwide.com
