ACI Recognized as Industry Leader in Ovum’s Payment Switching Vendor
Leading research firm lauds both BASE24-eps and Postilion for their market
impact—ACI only vendor with two industry leadership positions
NAPLES, Fla. -- January 24, 2014
ACI Worldwide (NASDAQ: ACIW), a leading international provider of electronic
payment and banking systems, announced today that it has been recognized as an
industry leader by Ovum, an independent research firm, in its new report,
“Ovum Decision Matrix: Selecting an Electronic Retail Payment Switch
Platform.” The report examines software solutions for payment switching.
As noted in the report, “financial institutions are struggling to cope with
burdensome regulations, reduced revenues and new competitors. Across the
globe, financial institutions and processors are looking for partners that
excel in application development, have implementation expertise and provide a
robust set of capabilities to help ease the pressures on them.”
“ACI’s BASE24-eps and Postilion platforms both offer a high degree of
reliability and crucially, configurability,” said Gilles Ubaghs, senior
analyst, financial services technology, Ovum. “This makes these platforms both
moreflexible to new payment innovations and more adaptable to a rapidly
shifting payments landscape.”
Ovum positioned ACI’s retail banking solution, BASE24-eps, as a leader and
stated “ACI BASE24-eps scored very highly across nearly every subcategory
within Ovum’s decision matrix. It is the next generation of the still dominant
BASE24 classic platform.”
Ovum has also positioned ACI’s Postilion solution as a leader, noting “now
that it has the added resources and support of ACI, Postilion is well placed
to expand its functional features through the added resources of ACI’s
extensive R&D activities and wider support services.”
“Customers have benefited from using our retail payment solutions to get to
market faster, increase revenues, improve compliance and enhance overall
payments productivity, and Ovum’s ranking is testament to that,” said Jeff
Hale, senior vice president, retail payments, ACI Worldwide. “We are honored
to have both BASE24-eps and Postilion recognized as leaders. This shows we are
providing customers with functionally rich, flexible and scalable solutions to
meet their payment processing needs.”
To download a complimentary copy of the report, please click here or visit
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than 5,000
financial institutions, retailers, billers and processors around the world.
ACI software enables $13 trillion in payments each day, processing
transactions for more than 250 of the leading global retailers, and 21 of the
world’s 25 largest banks. Through our comprehensive suite of software products
and hosted services, we deliver a broad range of solutions for payments
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.
© Copyright ACI Worldwide, Inc. 2014.
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ACI Worldwide, Inc.
Dan Ring, 781-370-3600
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