ACI Worldwide Recognized by Independent Research Group as Best-in-Class for Payments Capability
ACI Universal Payments Platform supports all features evaluated in report
NAPLES, Fla.--(BUSINESS WIRE)-- ACI Worldwide (NAS: ACIW) , a leading international provider of payment systems, announced today that ACI Universal Payments Platform, the enterprise payments solution unveiled earlier this year, has been named a 'Best-in-Class' solution in Payments Capability in the 2013 Payments Hub report by CEB TowerGroup. Universal Payments Platform's broad capabilities meant it was rated in each category evaluated in the feature audit of the research.
The comprehensive payments hub analysis evaluates nine key technology firms across the industry using 22 attributes defined by CEB TowerGroup. The final report covers market drivers, case studies, spending forecasts, investment priorities and emerging technologies as well as a full-feature audit. ACI's Universal Payments Platform is noted specifically in the Payments Capability category for delivering "linear scalability, high performance and platform independence for transaction processing."
"Financial institutions increasingly find themselves in markets that require the ability to process any payment type, in any format, via any channel," said Andy Schmidt, Research Director, Commercial Banking at CEB TowerGroup. "This need will only increase as non-cash payment volumes continue to grow globally. Leading institutions are actively seeking out firms capable of supporting these volumes with a solution that is both scalable and resilient."
"We are proud to be recognized by CEB TowerGroup as 'Best-in-Class' for Payments Capability. This independent evaluation validates that Universal Payments Platform delivers both the flexibility and enterprise-class scalability needed to transform complex payment environments and help customers get ahead in this dynamic marketplace," said WA Proctor, Director, Product Management at ACI Worldwide.
About ACI Universal Payments Platform
The Universal Payments Platform is a set of technologies and frameworks that orchestrate all aspects of payments processing for any payment type, any channel, any currency and any network. Combined with ACI's industry-leading retail, wholesale, merchant, fraud and mobile payment solutions, it delivers an innovative architecture that bridges existing systems and future needs. Universal Payments Platform provides purpose-built payments functionality, monitoring, fault-tolerance, orchestration capabilities and automated failover features to ensure the continuous availability of payments processing.
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than 2,600 financial institutions, retailers and processors around the world. ACI software enables $13 trillion in payments each day, processing transactions for more than 250 of the leading global retailers, and 18 of the world's 20 largest banks. Through our integrated suite of software products and hosted services, we deliver a broad range of solutions for payments 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.
Technology Assessment Disclaimer
CEB does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated "best in class." CEB TowerGroup research publications consist of the opinions of CEB TowerGroup's analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
© Copyright ACI Worldwide, Inc. 2013.
ACI, ACI Payment Systems, the ACI logo 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.
ACI Worldwide, Inc.
Courtney Cydylo, 781-370-3697
KEYWORDS: United States North America Florida
The article ACI Worldwide Recognized by Independent Research Group as Best-in-Class for Payments Capability originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.