Profile: ACI Worldwide Inc (ACIW.O)
18 Aug 2017
ACI Worldwide, Inc., incorporated on November 2, 1993, develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company also distributes or acts as a sales agent for software developed by third parties. These products and services are used principally by financial institutions, retailers, billers and electronic payment processors, both in domestic and international markets. The Company's products are sold and supported through distribution networks covering three geographic regions, including the Americas, Europe/Middle East/Africa (EMEA) and Asia/Pacific.
The Company's products and services are used by financial institutions, merchants, billers and intermediaries, such as third-party electronic payment processors, payment associations, switch interchanges, and a range of transaction-generating endpoints, including automated teller machines (ATM), retail merchant point-of-sale (POS) terminals, bank branches, mobile phones, tablets, corporations, and Internet commerce sites.
The Company provides payment solutions to financial institutions globally for both retail banking and transaction banking services. Its payment solutions support financial intermediaries, such as processors, networks, payment service providers (PSPs), and new financial technology (FinTech) entrants. The Company support of merchants globally includes Tier 1 and Tier 2 merchants, online-only merchants and the payment service providers (PSPs), independent selling organizations (ISOs), value added resellers (VARs), and acquirers who service them. These customers operate in a variety of verticals, including general merchandise, grocery, hospitality, dining, transportation, and others. Its solutions provide merchants with a secure, omni-channel payments platform that gives them independence from third-party payment providers. The Company also offers secure solutions to online-only merchants that provide consumers with a way to shop.
The Company's Universal Payments (UP) solutions span the payments ecosystem to support the electronic payment needs of financial institutions, financial intermediaries, merchants, and billers. Its solutions include: UP Retail Payments, UP Immediate Payments, UP Transaction Banking, UP Merchant Payments, UP e-commerce Payments, UP Payments Risk Management and UP Bill Payment. Its UP Retail Payments solution integrates UP Framework products, enabling financial institutions to accept and switch payment transactions at scale. The UP Transaction Banking solution is an end-to-end platform that meets payment needs of a financial institution's business customers, including digital banking, wire transfer processing, supply chain finance, Single Euro Payments Area (SEPA) processing, Society for across the world Interbank Financial Telecommunications (SWIFT) MX, and fraud detection needs. Its UP Bill Payment solutions enable direct billers to present bills and collect payments from consumers electronically through a single, integrated platform that powers the entire bill payments operation.
The Company offers its customers a range of professional services, including analysis, design, development, implementation, integration, and training. Its services professionals generally perform the majority of the work associated with installing and integrating its software products. In addition, it works with a limited number of systems integration and services partners, such as Accenture, LLC, Cognizant Technology Solutions Corporation, and Stanchion Payments Solution, for staff augmentation and coordinated co-prime delivery where appropriate.
The Company competes with Digital Insight, Bottomline Technologies, ARGO, Fidelity National Information Services, Inc., Fundtech Ltd, First Data Corporation, Fiserv, Inc., Jack Henry & Associates, Inc., Intuit Inc., Clear2Pay, Computer Sciences Corporation, Pegasystems Inc., OpenWay Group, Total System Services, Inc., Alaric Technology, Inc., BPC Banking Technologies, PayEx Solutions AS, Financial Software and Systems, CR2, Lusis Payments Ltd., Opus Software Solutions Private Limited, Atos Origin S.A., SiNSYS, VISA, MasterCard, Bankserv, FIS/Clear2Pay, Dovetail Software, IBM, Logica Plc, Tieto Corporation, AJB Software Design, Inc., Retalix, Heartland Payment Systems, Inc., Ingenico Group, Adyen, GlobalCollect, Cybersource, Square, Inc., Tender Retail Inc., VeriFone Systems, Inc., Actimize, Inc., Fair Isaac Corporation, BAE Systems Detica, SAS Institute, Inc., American Express, HP, Oracle USA, Inc., Western Union Holdings, Inc., TouchNet Information Systems, Inc., Kubra Customer Interaction Management, WorldPay, Inc., Forte Payment Systems, Point & Pay, LLC, Nelnet, Inc. and Affiliates, Higher One, Inc., Paymentus Corp., Aliaswire Inc. and Invoice Cloud, Inc.
ACI Worldwide Inc
3520 Kraft Rd Ste 300
NAPLES FL 34105-4957
Company Web Links
- BRIEF-ACI Worldwide reports Q2 loss per common share of $0.25
- BRIEF-Planet Payment, ACI Worldwide launch Unionpay International's Secureplus
- BRIEF-ACI Worldwide reports Q1 loss per share $0.01
- BRIEF-ACI Worldwide Q4 earnings per share $0.56
- BRIEF-Mastercard and ACI Worldwide reach agreement to resolve lawsuit