Press Release

ACI Worldwide and Everlink Bring Modernized Payment Solutions to Canadian Credit Unions and Banks

November 13, 2018

ACI helps transform Everlink’s payments environment while protecting investments made in existing systems

NAPLES, Fla. & TORONTO--(BUSINESS WIRE)--Nov. 13, 2018-- ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Everlink Payment Services Inc., a leading provider of payments solutions and services for credit unions, banks, and small and medium enterprises across Canada, has selected ACI’s UP Retail Payments to deliver modernized payment solutions to their Canadian clients.

Headquartered in Markham, Ontario, Everlink, a long-time ACI customer, provides technology infrastructure and payment network connectivity through its Payment Network Gateway. In addition, the company offers a diversified range of integrated payments lines of business, including ATM Managed Services, Card Issuance and Management, Fraud Management Solutions, SME Solutions, Mobile Payments and a suite of Professional Services. Everlink’s decision to extend its relationship with ACI was based on its desire to maintain industry-leading payments solutions, and the opportunity to evolve its payments processing environment.

“Driven by Canada’s rapid adoption and acceleration of fintech solutions and payments technologies, we wanted to ensure our clients were equipped with the performance they have come to expect, coupled with the capability to develop and integrate new and emerging payments solutions,” said Mark Ripplinger, President and CEO, Everlink Payments Services Inc. “We’re pleased to collaborate with a market leader like ACI, with its strong UP Retail Payment platform, which will enable us to offer these new and emerging payments solutions and services with seamless and secure continuity.”

“As the Canadian economy continues to move toward modern payments including real-time and open digital banking environments, innovative businesses like Everlink will need a secure foundation to evolve its solutions for its clients,” said Glenn Wolff, Country Manager, Canada, ACI Worldwide. “With ACI’s UP Retail Payments, the company will be able to balance the migration from current to modern systems while maintaining security and trust, and offer advanced payments services to their clients.”

ACI’s UP Retail Payments bridges the features and functionalities of current systems with next generation technologies to deliver a digital payments experience. The solution supports open API strategies by leveraging the UP Framework’s API Manager capabilities and provides a path for handling real-time payments. In addition, organizations can continue business as usual while adding new services and innovating in a protected environment.

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.

About Everlink
Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and SMEs across Canada. In addition to supplying best-in-breed technology infrastructure and payment network connectivity via our well established Payment Network Gateway, we offer a diversified range of integrated payments Lines of Business including: ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Professional Services and SME Solutions. To learn more about Everlink, please visit www.everlink.ca or find us on Twitter at @Everlink_Inc.

© Copyright ACI Worldwide, Inc. 2018.
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.

Source: ACI Worldwide

ACI Worldwide
Dan Ring, 781-370-3600
dan.ring@aciworldwide.com
or
Nidhi Alberti, 781-370-3600
nidhi.alberti@aciworldwide.com
or
Anastasia Sudetic, 905-747-3692
Anastasia.Sudetic@everlink.ca

Investor contacts

John Kraft, Head of Strategy & Finance
Email: john.kraft@aciworldwide.com

Global headquarters:
ACI Worldwide
6060 Coverntry Drive
Elkhorn, NE 68022