First Hawaiian Bank Renews Commitment to ACI Online Banking Product
(New York, N.Y. – 29 October 2008) – ACI Worldwide, Inc. (NASDAQ: ACIW), a leading international provider of software for electronic payment systems, today announced that First Hawaiian Bank, the oldest and largest financial institution in Hawaii, has renewed its commitment to ACI Enterprise Banker.
“First Hawaiian’s popular Web Cash Manager service utilizes ACI software to provide timely and accurate information to its business customers. We are pleased with ACI’s innovative product offering and high level of customer service,” said Keith Nagata, senior vice president and manager, First Hawaiian Bank’s Business Services Division.
“We are delighted that First Hawaiian has chosen to continue our long-standing relationship,” said Ralph Dangelmaier, president of the Americas at ACI Worldwide. “ACI’s relationship with First Hawaiian demonstrates the flexibility of the product and services approach we employ to work seamlessly within the bank’s existing infrastructure in a best of breed fashion.”
ACI Enterprise Banker is an enterprise-wide solution that allows financial institutions of all sizes to uniquely package products and services for different markets and customers from a single, flexible platform. The solution offers a full range of functionality including balance and transaction reporting, ACH origination, wire transfer origination and reporting, positive pay, check and deposit image retrieval, and email alerts. In addition, the solution provides an infrastructure for easily integrating other products and services offered by an institution.
About First Hawaiian Bank
First Hawaiian Bank was founded in 1858 and is the oldest and largest financial institution in Hawaii. First Hawaiian has 58 branches throughout Hawaii, three in Guam and two in Saipan. First Hawaiian Bank (a State of Hawaii-chartered bank), provides commercial and consumer banking services, engages in equipment and vehicle leasing and offers trust, investment and insurance products.
First Hawaiian Bank is a subsidiary of BancWest Corporation, a regional financial services company with total assets of more than $74.2 billion as of December 31, 2007. BancWest is a subsidiary of BNP Paribas, a European leader in banking and financial services, with a significant and growing presence in the United States. Visit First Hawaiian Bank at www.fhb.com.
About ACI Worldwide, Inc.
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, the Company’s 10-Q filed on May 9.2008, and the Company’s 10-Q filed on August 11, 2008.
Contact details
For more information contact:
Alynn W. Atherton
ACI Worldwide
+1 508 424 5375
alynn.atherton@aciworldwide.com
