ACI Worldwide to Deliver Universal Payments Technology Via Microsoft Azure
November 19 2019 - 5:00AM
Business Wire
Global collaboration benefits banks and other
organizations embracing the cloud—reducing TCO, increasing
scalability and improving speed to market
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions, today announced
a global strategic collaboration with Microsoft via the Microsoft
Partner Network to support the payments industry’s rapid adoption
of technology deployed in the public cloud. As one of Microsoft’s
top 10 global ISV partners in the financial services industry, ACI
will support the company’s industry growth and extend the reach of
its own market-leading Universal Payments portfolio through
Microsoft Azure.
The industry has begun to reap the benefits of cloud, including
lower total cost of ownership (TCO), increased scalability, speed
to market, enhanced development tools, and the integration of
platform services such as data analytics and artificial
intelligence. The cloud, a vital component of today’s service
delivery model, enables banks and other organizations to capitalize
on new market opportunities and access new channels. By deploying
ACI’s UP solutions through the cloud, as well as via traditional
on-premises and on-demand implementations, banks, intermediaries,
merchants and corporates can thrive amid the unprecedented digital
disruption.
The collaboration will initially enable ACI Universal Payments
technology to be licensed by customers for implementation powered
by Azure. Through this relationship, ACI on-premises customers will
benefit from enhanced security, as well as a reduction in long-term
capital expenditure, adopting a scalable model for cloud-based
infrastructure—this will be particularly advantageous for neo banks
and innovators within existing banks and intermediaries.
“We have witnessed increased global interest in and rapid
adoption of ACI’s payments technology in the cloud from both new
and established organizations,” said Craig Saks, chief operating
officer, ACI Worldwide. “In fact, we have secured two significant
acquirer clients running our UP Retail Payments solution on
Microsoft Azure. As global trends, changing business models and
innovation create a new set of challenges for the world of
payments, this collaboration will allow banks and other
organizations committed to innovating and moving to the cloud to
become more agile, deploying new payment services more quickly. In
addition, they can develop proof of concepts, and launch and test
them in the marketplace at a low cost – this is already gaining
traction among our customers.”
Bill Borden, corporate vice president of financial services at
Microsoft Corp. said, “More leading banks worldwide are embracing
the cloud, and partnering with ACI on this key growth initiative
reinforces that trajectory. With the high level of stability,
resiliency, and performance of Microsoft Azure integrated with
ACI’s payments solutions, ACI can offer organizations the ability
to provide a wider range of services to their end customers.”
ACI’s UP family of solutions connects more ways to pay with more
payment capabilities than any other provider. The solutions
orchestrate thousands of payment capabilities – business services
such as authorization, authentication, tokenization and more – for
card-based and digital transactions including industry-standard
real-time payments applications. These capabilities are combined in
unique ways, forming the UP solutions that perform the payment
functions that banks, corporates, merchants and intermediaries
need.
About ACI Worldwide
ACI Worldwide, the Universal Payments (UP) company, powers
electronic payments for more than 5,100 organizations around the
world. More than 1,000 of the largest banks and intermediaries, as
well as thousands of global merchants, rely on ACI to execute $14
trillion each day in payments and securities. In addition, myriad
organizations utilize our electronic bill presentment and payment
services. Through our comprehensive suite of software solutions
delivered on customers’ premises or through ACI’s private cloud, we
provide real-time, immediate payments capabilities and enable the
industry’s most complete omni-channel payments experience. To learn
more about ACI, please visit www.aciworldwide.com. You can also
find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2019 ACI, ACI Worldwide, the ACI
logo, ACI Universal Payments, UP, the UP logo and all ACI
product/solution 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20191119005193/en/
Dan Ring E-mail: dan.ring@aciworldwide.com Phone:
781-370-3600
Nidhi Alberti E-mail: nidhi.alberti@aciworldwide.com Phone:
781-370-3600
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