ACI Worldwide Recognized as a Leader in the IDC MarketScape: Worldwide Integrated Payment Platforms 2019-2020 Vendor Assessment
ACI recognized for its deep background in payments and extensive customer base across financial institutions of every size in every region
Tuesday, March 03, 2020
NAPLES, Fla.—March 3, 2020—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that it has been named a Leader in the IDC MarketScape: Worldwide Integrated Payment Platforms 2019-2020 Vendor Assessment.
The IDC MarketScape study presents a 2019-2020 assessment of vendors that provide integrated payment processing platform technology to the financial services market. The comparative report, which includes 14 global providers of integrated payment platforms, recognized ACI’s ability to offer financial institutions of any size a flexible platform for modernizing their payment infrastructure. In the assessment, the IDC MarketScape also highlighted ACI’s API-enabled UP Platform, which delivers support for all global real-time schemes and APIs for cross-border payments.
“As we spotlighted within the report, ACI has a deep background in payments and an extensive customer base across financial institutions of every size in every region, said Aaron Press, research director, IDC Worldwide Payments Strategies. “ACI’s Universal Payments solutions offer financial institutions of any size a flexible platform for modernizing their payment infrastructure.”
“ACI is proud to be recognized by the IDC MarketScape as a Leader in the Worldwide Integrated Payment Platforms MarketScape,” said Jeremy Wilmot, group president, Banks & Intermediaries, ACI Worldwide. “Our position reflects our commitment to delivering customers a world-class payments hub that supports both card and non-card payments for all digital payment types—RTGS, domestic and cross border, immediate payments, alternative payments and more—across consumer and corporate segments, which can be deployed in the public, private or hybrid cloud. It also reflects our truly global expertise in real-time payments and value-added digital overlay services, which make our value proposition so powerful.”
A recognized expert in faster payments, ACI has been a global leader in payments technology for more than 40 years. The company currently supports 18 real-time domestic schemes around the world, including Zelle and TCH in the US, and will support FedNow as it moves toward production. ACI provides processing for approximately 50 percent of the UK’s Faster Payments (UKFP), the core processing infrastructure for Malaysia’s Real-Time Retail Payments Platform (RPP), and STET’s real-time payments platform for PSPs in Europe. Additionally, ACI has customers using UP Real-Time Payments to access Singapore FAST and the Australian NPP (New Payments Platform). ACI also serves on the ISO 20022 Real-Time Payments Group and the EPC Instant Payments Technology Group.
Download the IDC MarketScape excerpt to see why ACI was named as a Leader for Worldwide Integrated Payment Platforms.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.