Partnership addresses nearly 90 percent of higher education
institutions planning to improve integration between payments and
student information systems
NAPLES, Fla.--(BUSINESS WIRE)--Sep. 6, 2018--
ACI
Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic
payment and banking solutions, today announced a strategic
relationship with N2N Services, Inc., a leading platform provider for
higher education systems integration. ACI will integrate its campus
commerce system with N2N’s turnkey cloud integration platform, Illuminate,
to improve students’ payment experiences. The need for higher education
institutions to improve integration between payments and student
information systems is highlighted by a recent
Ovum survey, which showed that 88 percent of institutions had plans
to do so in the next 12 months.
N2N’s Illuminate empowers its customers to create, manage, secure and
monetize APIs, and build bridges between two APIs without any need for
programming and additional infrastructure. With a network of more than
200 academic institutions, N2N is offering students and families the
benefit of a comprehensive, simple payments experience with ACI’s campus
commerce system. Through the N2N platform, higher education verticals
will be able to connect their student information systems, including
Ellucian™, Campus Management®, Peoplesoft® and
Jenzabar® with ACI’s student payment portal and simplify payments
while improving payments security. In addition, colleges and
universities will be able to offer more ways to view and pay student
bills, whether through modern mobile experiences, simplified account
management or interest-free payment plans.
“We are committed to enabling enterprises of all sizes to participate,
benefit from and compete in today’s digital economy enabled by APIs,”
said Kiran Kodithala, CEO, N2N Services Inc. “Partnering with ACI on its
solution for the higher education vertical will allow our customers to
deliver more payment options to students and families, which will help
reduce delinquent payments, make refunds easy and improve the overall
payment experience. In the future, we hope to expand this program beyond
higher education.”
“It’s neither easy nor convenient for students and parents to manage
student payment accounts because they typically have to go through
different websites to pay tuition bills in full, set up payment plans or
resolve delinquent accounts,” said Andrew Sajeski, business leader,
biller solutions, ACI Worldwide. “This partnership will deliver an
innovative payment portal to all of the schools in N2N’s network and
provide one place for payments, payment plans and delinquent
collections.”
More than 300 higher education institutions trust ACI Worldwide for
improving student satisfaction and payments security with its campus
commerce systems. On average, higher education institutions report a 24
percent increase in student satisfaction after partnering with ACI
Worldwide, according to independent third-party research.
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 N2N
N2N Services Inc. is a leader in enterprise
application and data integration. N2N’s Illuminate platform is a cloud
based SaaS platform providing standards based, turnkey integration
enabling organizations to plug-in new SaaS applications in a matter of
minutes to meet strategic institution goals. Our API integration
platform is used by more than 200 enterprises (providing access to over
1 million enterprise records) to enable enterprises to meet strategic
integration objectives. N2N Services Inc. is based in Atlanta, GA. Learn
more about N2N Services Inc. and the Illuminate platform by visiting http://www.illuminateapp.com/.
© 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180906005075/en/
Source: ACI Worldwide
ACI Worldwide
Dan Ring, 781-370-3600
dan.ring@aciworldwide.com
or
Nidhi
Alberti, 781-370-3600
nidhi.alberti@aciworldwide.com
