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ACI Worldwide to Drive Payments Transformation for Swedish ICA Banken’s Merchants

ICA Banken to leverage ACI’s UP Merchant Payments to better serve Sweden’s biggest retailer and its thousands of customers

Monday, December 16, 2019

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NAPLES, FLA./LONDON, UK – December 16, 2019— ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that ICA Banken, one of Sweden’s leading banks, will implement ACI’s UP Merchant Payments solution to better serve ICA merchants.

ICA Banken is Sweden’s fifth largest bank and part of the ICA Group, which also owns and operates Sweden’s largest retail company, ICA Merchants. ICA Banken offers a complete suite of financial services to ICA Merchants and its thousands of customers; ICA Merchants has approximately 1,300 stores and a 36 percent market share within the country. As ICA Banken continues to experience unprecedented growth, the bank needed a flexible solution for payments. After a competitive search, ICA Banken ultimately selected ACI’s award-winning UP Merchant Payments.

“Leading global retailers and financial institutions rely on ACI’s proven payments solutions, which deliver scalability, reliability and security to not only compete, but also win in today’s ever-evolving environment,” said Debbie Guerra, executive vice president, ACI Worldwide. “UP Merchant Payments is a feature-rich and adaptable solution providing retailers with the flexible platform they need for the future. Serving customers in-store is rapidly changing and payments is at the heart of this revolution as retailers look to serve customers better and more efficiently. ACI is well positioned to help institutions like ICA Banken on their digital transformation journey.”

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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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.

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