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ACI Worldwide Becomes Corporate Member of CEPS ECRI Executive Board

ACI’s Paul Thomalla, global payments thought leader, appointed to institute’s executive committee

Tuesday, October 04, 2016

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LONDON— October 4, 2016—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Paul Thomalla, ACI’s senior vice president, global corporate relations, has joined the executive committee of the European Credit Research Institute (ECRI) of the Centre for European Policy Studies (CEPS). This leading think tank and forum debates on EU affairs that cover all European policy areas.   

ACI has been at the forefront of the payments industry for more than 40 years and has a strong record of working with governments, regulators and industry bodies around the world. With its involvement in CEPS ECRI, ACI will be able to further its leading role in helping to modernise European systems and frameworks to make them more responsive to consumers and businesses alike.

“I am honoured to become a board member of the CEPS ECRI. As someone who works closely with international bodies and is passionately involved in industry initiatives, I am excited to become a part of this organization, whose primary aim is to provide a forum for the exchange, sharing of insights and potential solutions to EU policy makers,” said Paul Thomalla. “I look forward to working with my fellow board members as we shape the strategic direction of European payments.”

“It is a great pleasure to welcome Paul as well as ACI Worldwide as a corporate member of ECRI. As a leader in global payments—supporting financial institutions, merchants and intermediaries—ACI brings a vast wealth of knowledge and expertise,” said Karel Lannoo, chief executive officer, CEPS. “The active collaboration between ECRI and ACI will help contribute to the development of adequate policies at both the national and European levels for retail financial services.”

About CEPS ECRI

The European Credit Research Institute (ECRI) is an independent, non-profit research institute that develops its expertise from an interdisciplinary team and networks of academic cooperation partners. It was founded in 1999 by a consortium of European banking and financial institutions. ECRI's operations and staff are managed by CEPS. ECRI provides in-depth analysis and insight into the structure, evolution and regulation of retail financial services markets in Europe. Through its research activities, publications, projects, focus groups and conferences, ECRI keeps its members and the wider public up-to-date on a variety of topics in the area of retail financial services at European level, such as retail payments, households loans, credit reporting, responsible lending and consumer protection. 

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 financial institutions 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.

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