Company Market Research Report: ACI Worldwide
Company Overview
- Name: ACI Worldwide, Inc.
- Mission of the company: To continually redefine the payments landscape with market leadership and transformative technology, ensuring fast, secure, and efficient payment access for all.
- Founded: 1975
- Founders: No information is available
- Key People:
- Patrick Cattermole, Westpac New Zealand
- John Briggs, Senior Vice President, CFO, and Treasurer, Hy-Vee
- Jim Baumgartner, Former President and CEO, Moneris Solutions
- Gavin Waugh, The Wendy's Company
- Chuck Easum, Ohio Mutual Insurance Group
- Headquarters: 6060 Coventry Drive, Elkhorn, Nebraska 68022, United States
- Number of Employees: Approximately 4,000
- Revenue: $1.45 billion in 2023
- What the company is known for: ACI Worldwide is known for delivering transformative software solutions that power intelligent payments orchestration in real-time, enabling global financial institutions, merchants, and billers to drive growth and modernization of payment infrastructures.
Products
- ACI Enterprise Payments Platform
- Description: A cloud-native platform offering comprehensive payment transformation capabilities.
- Key Features: Seamless integration, scalability, security, and multi-currency processing capabilities.
- ACI Payments Orchestration Platform
- Description: A robust, end-to-end platform facilitating omni-commerce payments.
- Key Features: Cross-channel payment acceptance, fraud prevention, and optimization of the payment journey.
- ACI Speedpay
- Description: Billing, presentment, and communication services to enhance bill payment.
- Key Features: Wide range of bill payment options, APIs, SDKs, and enhanced customer satisfaction.
- Fraud Management Solutions
- Description: Solutions designed to prevent and manage fraud across multiple sectors.
- Key Features: Real-time fraud detection, AI-based orchestration, and comprehensive chargeback prevention.
Recent Developments
- New Products and Features:
- The ACI Fraud Management platform continues to receive accolades for its innovation, including the Retail Risk Awards 2022 and the Juniper Research Future Digital Awards.
- DATOS named ACI Worldwide as the best-in-class in payments orchestration, underscoring its competitive edge.
- Partnerships:
- ACI Worldwide extended its partnership with HyperPay to advance AI-driven payment solutions in the MENA region.
- Collaborated with Zimswitch to protect Zimbabweans from payment fraud, highlighting its commitment to global fraud prevention initiatives.
Awards and Recognition
- Recognized as a Worldwide Leader in Integrated Bank Payment Systems by IDC MarketScape in November 2024.
- Recipient of CFO Tech Outlook's accolade as a top financial fraud detection solution provider.
- Recognized with the Payments Awards 2022 for Security Innovation of the Year with ACI Fraud Management.
Global Reach and Industry Served
- Global Presence: Operates in 45 countries with a detailed global perspective to address local challenges in 94 countries.
- Industries Served:
- Financial Institutions
- Retail and eCommerce
- Travel and Transportation
- Utility
- Telecommunications
Conclusion
ACI Worldwide continues to redefine the payments landscape by leveraging its extensive global footprint, nearly 50 years of expertise, and commitment to innovation. Through strategic partnerships and a comprehensive suite of products and services, the company maintains a competitive edge in delivering solutions that meet the evolving demands of the global payments ecosystem.