Press Release

ACI Worldwide Powers Online Banking for Polish & Slavic Federal Credit Union

March 24, 2015

Nation's largest ethnic credit union utilizes ACI's integrated online banking platform to power its online banking and bill payment services

NAPLES, Fla.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, announced today that Polish & Slavic Federal Credit Union (PSFCU) has selected ACI's integrated online banking platform for credit unions—WebFederal—to power its online, tablet and mobile banking and bill payment services.

The Polish & Slavic Federal Credit Union was established in Brooklyn, New York in 1976. It has since expanded to 15 branches in three states: New York, New Jersey and Illinois. With 82,000 members and more than $1.6 billion in assets, PSFCU is the largest ethnic federal credit union in the United States. In response to evolving member preferences, the credit union is focusing more effort and resources on online banking and delivering an exceptional real-time, omni-channel experience.

PSFCU selected ACI's WebFederal platform, which provides a user interface in both English and Polish. PSFCU is hosting its application in ACI's secure and fully compliant data centers, which host banking and payment solutions for more than 4,000 financial institutions, retailers and billers.

"Online banking is a vital component to our future growth. As more of our members embrace the online channel, it is crucial that we have the tools and technology in place to provide real-time, omni-channel experiences," said Peter Krawczak, vice president of IS and IT, Polish & Slavic Federal Credit Union. "ACI's tablet banking solutions also offer responsive web design capabilities that will greatly improve the members' banking experiences as they move across devices to conduct their financial business."

"More credit unions and community financial institutions are turning to ACI online banking solutions to better address the preferences and needs of their members and customers," said Eric Labiak, senior vice president, ACI Worldwide. "As credit unions like Polish & Slavic Federal Credit Union strive to offer the best online banking and payments experience available, we're providing them with the capabilities to innovate and grow."

About ACI Worldwide

ACI Worldwide, the Universal Payments company, powers electronic payments and banking for more than 5,000 financial institutions, retailers, billers and processors around the world. ACI software processes $13 trillion each day in payments and securities transactions for more than 300 of the leading global retailers, and 21 of the world's 25 largest banks. Through our comprehensive suite of software products and hosted services, we deliver a broad range of solutions for payment processing; card and merchant management; online banking; mobile, branch and voice banking; fraud detection; trade finance; and electronic bill presentment and payment. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

© Copyright ACI Worldwide, Inc. 2015.

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Media Contact:
ACI Worldwide
Dan Ring, 781-370-3600
dan.ring@aciworldwide.com

Source: ACI Worldwide

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