ACI Worldwide Recognized as Global Leader in Celent's Evaluation of Leading Card Management and Transaction Processing Providers
Independent research firm lauds ACI’s UP BASE24-eps integrated payment engine for its market growth
Wednesday, August 05, 2015
NAPLES, FLA—August 5, 2015—ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, announced today it has been recognized as an global leader by Celent, an independent research firm, in its recent report, “Card Management and Transaction Processing Vendors.”
Among the eleven packaged software vendors included in the report, Celent recognized ACI as one of two Global Leaders, “given its impact on the market with its transaction processing (e.g. BASE24 Classic and UP BASE24-eps) product. ACI was also among the top three most frequently mentioned names by other competitors and was recognized as having one of the broadest portfolios of software solutions in the market.
According to the report, Global Leaders are defined as companies with a large and established presence on a global scale, serving a broad range of clients. By revenue, packaged software vendors are mostly in two distinct camps with revenue either up to $120 million or above $1 billion. As noted in the report, “ACI is the largest pure software company, with cards and retail payments software being at the heart of its offerings.”
“This latest independent research illustrates the breadth and depth of, and demand for, our broader Universal Payments family of solutions,” said Nick Barnes, senior vice president and product line manager, ACI Worldwide. “Being a Global Leader is testament to our great team and great technology, which enables customers to get to market faster, increase revenues, improve compliance and enhance overall payments productivity.
ACI UP BASE24-eps is a next-generation integrated payment engine that acquires, authenticates, switches and authorizes financial transactions across multiple channels. It provides a full range of functionality to support payments – from traditional card, ATM and bank branch transactions through to all forms of mobile commerce and internet banking.
About ACI Worldwide
ACI Worldwide, the Universal Payments company, powers electronic payments and banking for more than 5,600 financial institutions, retailers, billers and processors around the world. ACI software processes $13 trillion each day in payments and securities transactions for more than 300 of the leading global retailers, and 18 of the top 20 banks worldwide. Through our comprehensive suite of software products and hosted services, we deliver a broad range of solutions for payment 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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