Aite Group Recognizes ACI Worldwide as the Industry's Fastest Growing Biller Direct Electronic Bill Payment Provider
Success fueled by offering more efficient electronic bill payments
NAPLES, Fla.--(BUSINESS WIRE)-- A new report from independent research firm Aite Group has recognized ACI Worldwide (NAS: ACIW) as the industry's fastest growing biller direct electronic bill payment provider (2009-2012). The report, titled "Biller Direct and Walk-in Bill Pay: An Update," examines key metrics for nine major biller direct payment providers—those vendors that enable billers to accept epayments from consumers via the web, call center and interactive voice response (IVR).
ACI, which entered the biller direct market through its March 2013 acquisition of Online Resources Corporation, offers ACI Bill Payment Solutions, an integrated suite of services that solve the complexity of electronic bill payment. ACI Bill Payment Solutions enable businesses in consumer finance, insurance and utilities, among other industries, to offer unmatched consumer convenience by meeting all consumer payment preferences; they also generate greater cost savings by integrating all channels and payment types to streamline operations.
"As payment processing has become ever more complex with growing numbers of payment channels and methods, funding sources and security concerns, billers now face added pressures to increase efficiency while enhancing consumer convenience," said Gwenn Bézard, co-founder and research director, Aite Group.
"ACI offers a value proposition unmatched in the electronic bill presentment and payment industry—a single integrated system delivering streamlined operations that drive efficiency and provide consistent customer experiences," said Eric Labiak, senior vice president, sales and marketing, ACI On Demand. "Our growth in this market has been fueled by meeting billers' demands to offer the most consumer convenience and replace higher cost manual processes with more efficient electronic bill payments."
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than 2,600 financial institutions, retailers, billers 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.
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