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The Myth of ‘Checking Accounts’ and Other Early Lessons from the Floor at Payments 2013

It’s clear that we’ve moved to a new era in payments. Is a checking account really a “checking” account? Clearly not! Moven’s Brett King describes it as a utility. Such ‘utilities’ being able to handle a variety of channel interactions is quickly becoming the expectation. Gen Y has no expectation or experience, as pointed out by our keynote, of writing checks.

So flexibility, choice and control around the evolving payments environment is more relevant than ever.

Payments Expert

ACI Worldwide powers electronic payments for financial institutions, retailers and processors around the world with its broad and integrated suite of electronic payment software.

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