ACI Money Transfer System Earns Eleventh Consecutive SWIFTReady Gold Accreditation
(New York, N.Y. – 21 May 2008) – ACI Worldwide (Nasdaq: ACIW), a leading international provider of software for enterprise payment systems, today announced that its market-leading ACI Money Transfer System™ has achieved the highest SWIFTReady accreditation for payments for the eleventh consecutive year. The Gold Label accreditation recognizes that the Money Transfer System satisfies SWIFT’s highest requirements and demonstrates ACI’s commitment to SWIFT’s standards, products and services.
“We are pleased to once again award our highest accreditation, the SWIFTReady Gold label, to ACI Worldwide’s Money Transfer System solution,” said Philippe Lecomte, manager, SWIFTSolutions Partner Management, SWIFT. “Since the inception of the SWIFTReady program, ACI Worldwide has consistently demonstrated its ongoing commitment to satisfying the standards set forth by SWIFT.”
SWIFT, the Society for Worldwide Interbank Financial Telecommunication, supplies secure messaging services and interface software to wholesale financial entities. Third-party financial applications, such as the ACI Money Transfer System, are either awarded SWIFTReady Silver or SWIFTReady Gold labels, depending on their level of compliance. Candidates for the SWIFTReady accreditation are evaluated on an annual basis to determine their ability to meet a wide range of SWIFT-specific criteria.
The ACI Money Transfer System is a multibank and multicurrency global payments processing and risk management system that provides continuous processing capabilities. With interfaces directly to SWIFTNet services - as well as multiple RTGS and low value networks across the globe – the system is a single, integrated solution for domestic and international payments processing. The ACI Money Transfer System for SEPA supports processing for transactions under the SEPA Credit Transfer and Direct Debit schemes, as well as the Euro Banking Association’s prieuro scheme and existing country-specific formats.
“ACI is dedicated to providing customers with robust payments solutions of the highest quality, technology, and functionality,” said Mark Vipond, president of the global product division at ACI. “Obtaining the SWIFTReady Gold certification for the eleventh consecutive year underscores our dedication to our customers and validates our commitment to state-of-the-art products and technologies.”
About ACI Worldwide
ACI Worldwide is a leading provider of electronic payments software and services to major banks, retailers and processors around the world. The company's solutions enable online payment processing, online banking, fraud prevention and detection, and back office services such as settlement, account management, card management and dispute processing. ACI solutions provide market-leading levels of reliability, manageability and scale to over 800 customers in 88 countries. Visit ACI Worldwide at www.aciworldwide.com.
Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, this press release may contain other forward-looking statements including statements regarding ACI Worldwide Incorporated, its subsidiaries or third parties’ expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially.
For a detailed discussion of these risk factors, parties that are relying on the forward-looking statements should review the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K filed on January 30, 2008, the Company’s Form 10-Q filed on February 19, 2008, both as amended by the Form 10-K/A and Form 10-Q/A, respectively, filed on March 4, 2008
