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Showing posts with label ACIW. Show all posts
Showing posts with label ACIW. Show all posts

Monday, September 17, 2012

ACI Worldwide Issues Call for Entries for 4th Annual ACI Excellence Awards

Press release:


ACI Worldwide Issues Call for Entries for 4th Annual ACI Excellence Awards

Monday, September 17, 2012
An ACI customer will be recognized for showing innovation in the use of ACI solutions to fill a need specific to a particular market or market segment.  The categories are:
• Meeting market needs
• Operational Excellence: Global Bank
• Operational Excellence: Regional Bank
• Mobile Banking and Payments
• Community Banking
• Customer Experience
• Payments Transformation
• Fraud
• Other
Interested parties can find more information, including submission guidelines, at www.aciworldwide.com/awards.  Submissions can be completed online and are due by October 26, 2012.  Winners will be announced in December 2012.

Monday, August 20, 2012

ACI Worldwide Achieves SWIFTReady Accreditation for Fifteenth Consecutive Year

Press release:


ACI Worldwide Achieves SWIFTReady Accreditation for Fifteenth Consecutive Year

ACI Money Transfer System™ Recognized For Commitment to SWIFT Standards and Practices
Monday, August 20, 2012
The receipt of the SWIFTReady accreditation for payments recognizes that ACI’s Money Transfer System satisfies SWIFT’s highest requirements for the initiation, generation, processing and settlement of payments. The SWIFTReady Supply Chain Finance label, received by ACI Global Trade Manager, is granted to trade finance applications which support the Trade Services Utility (TSU) messages and workflows.  Global Trade Manager is designed and built according to TSU standards and is fully compliant with TSU Release and the Bank Payment Obligation or BPO.

“The SWIFT certification demonstrates that an organization meets a level of expertise and excellence,” said Anyal Hozee, Product / Market Manager SWIFT. “We strive to offer a potential customer an impartial evaluation which helps to assure them an independent arbiter has certified the solution meets our standards of quality.  I congratulate ACI for maintaining a high level of quality and excellence for the past 15 years.”

ACI’s Money Transfer System is a multibank and multicurrency global payments and financial messaging engine, which provides continuous processing capabilities directly to SWIFTNet services, as well as multiple real time gross settlement (RTGS) and support for low value networks across the globe.  The system is a single, integrated solution for domestic and international payments processing, which also fully supports processing for transactions under the SEPA Credit Transfer and Direct Debit schemes.

ACI Global Trade Manager is a comprehensive trade finance solution that offers open account transaction processing and supply chain financing services, including online purchase order (PO) issuance, automatic generation of invoices and document matching. It enables financial institutions to align with both their customers and the strategic partners of their customers, to integrate services across the trade value chain. This integration creates closer relationships and increases business opportunities with all aspects of the open account trade process.

“ACI has risen to the top of the wholesale banking field by offering innovative products which meet the needs of our customers and also adhere to the highest industry standards,” said Jonathan Eber, Director & Product Line Manager, Wholesale Payment Engines.  “By achieving the SWIFTReady accreditation for the fifteenth consecutive year with Money Transfer System, ACI continues to demonstrate its commitment to be the premiere payments and financial messaging solution on the market.”

Wednesday, August 15, 2012

ACI Worldwide Delivers Advanced Retailer Payment Solution Allowing Retailers to Integrate Mobile Wallets into Existing Payments Infrastructure

Press release:


ACI Worldwide Delivers Advanced Retailer Payment Solution Allowing Retailers to Integrate Mobile Wallets into Existing Payments Infrastructure

Wednesday, August 15, 2012
“Our retail customers face a rapidly evolving payments environment and ACI is ready to assist them to seamlessly integrate these changes into their current systems,” said Jeffrey Hale, Senior Vice President, Retail Payments, ACI Worldwide.  “The latest version of Retail Commerce Server empowers retailers to meet the growing demand for mobile wallet services with near seamless integration into their existing systems.  It will result in a stronger relationship with the consumer since they will be able to use the payment means of their choice without having to endure service disruptions.”

The updated mobile commerce framework supports the ability to process payments initiated on mobile devices through the retailer’s existing payments infrastructure. Most mobile wallets currently operating are designed to bypass the retailer’s existing payments infrastructure. As a result both internal and external costs are increased and the retailer’s ability to manage the customer relationship is negatively impacted.
By having the transaction flow through the existing infrastructure, retailers will be able to meet consumer needs without introducing any significant changes to their store or headquarter operations. The framework architecture has been designed to quickly and easily integrate with current and emerging mobile wallet provider applications. Retail Commerce Server 5.0 offers a number of other benefits to the customer including:
• Segmented payment data and configuration rules set for retailers with multiple brands - This new multi-tenant feature allows for a single instance of the Retail Commerce Server payment switch while providing the retailer the ability to uniquely customize each banner or franchise’s payment experience as needed. 
• Enhanced interoperability with other transaction types - The integration toolkit (ITK) allows the merchant to integrate their POS application to the Retail Commerce Server payment flow.  The ITK handles the message processing from the point of sale (POS) to the payment switch.   Retail Commerce Server 5.0 extends in-store support for key transaction types such as a credit application, fleet cards, phone card (PH), and Canadian debit transactions
“In this fast changing payment environment, large retailers require both reliability and flexibility,” said George Peabody, Director, Emerging Technologies Advisory Service, Mercator Advisory Group. “They need systems that perform traditional payments functions flawlessly and offer the flexibility to accommodate new payment methods, including mobile wallets, as well as couponing and other incentives approaches. A platform that provides both positions the retailer to deploy new customer-facing services while keeping integration issues to a minimum.”

Tuesday, August 7, 2012

ACI Worldwide Strengthens Product Leadership with Executive Appointment

Press release:


ACI Worldwide Strengthens Product Leadership with Executive Appointment

Daniel Frate to join as Executive Vice President, Global Markets and Product Management
Tuesday, August 07, 2012
Mr. Frate brings more than twenty five years of payments experience to this new role, having most recently served as Executive Vice President and Head of Products and Pricing at PNC Bank. Building on ACI’s product leadership position, Mr. Frate will be charged with delivering customer satisfaction through tight alignment of product roadmaps with market needs.  Mr. Frate will be based out of the company’s Naples, Florida headquarters.

“Dan has a keen appreciation of the customer’s perspective and is an excellent addition to the executive team,” said Philip Heasley, President and CEO, ACI Worldwide.  “With oversight of the sales and services functions as well as product management, Dan will ensure that we continue to meet our customers’ needs by delivering market-leading solutions.” 

David Morem, currently EVP, Global Products and a senior ACI executive since 2006, will transition to the role of EVP, Global Maintenance. He will lead the product maintenance and customer support operations for the company, and will be responsible for delivering world class support for all ACI products, a key aspect of the company’s priority on customer satisfaction. 

“Dave’s team of payments experts are dedicated to ensuring the long-term success of customer deployments,” said Mr. Heasley. “Unique in the payments marketplace, ACI supports customers for the lifetime of their applications, which includes investments in ongoing maintenance and mandates updates for all ACI products.”

The company also announced today that Ralph Dangelmaier, Executive Vice President, Global Markets, will be leaving ACI to head a privately-held company.  Mr. Dangelmaier joined ACI through its 2006 acquisition of P&H Solutions.
 
“I would like to thank Ralph for his dedication and tireless commitment to ACI,” said Mr. Heasley. “He has built a robust team that will continue to lead the payments marketplace.”