SAFCo Selects ACI Worldwide for Electronic Bill Payment Solutions

  SAFCo Selects ACI Worldwide for Electronic Bill Payment Solutions

     Leading auto finance company partners with ACI to increase consumer
        convenience in bill payment while decreasing processing costs

Business Wire

NAPLES, Fla. -- July 8, 2014

ACI Worldwide (NASDAQ: ACIW), a leading international provider of electronic
payment and banking solutions, announced today that Southern Auto Finance
Company (SAFCo) has selected its UP Bill Payment Solution to increase consumer
convenience and reduce payment processing costs. SAFCo customers will be able
to pay their loans electronically on a mobile device, computer or via phone
with a debit card or ACH (Automated Clearing House). They will also have the
option to sign up for an ongoing electronic bill payment relationship or to
make their loan payment quickly with no sign-up required.

Recently named to SubPrime Auto Finance News’ list of Top 100 sub-prime auto
lending, recovery and financial service providers, SAFCo is a leading
automotive financing company that operates in 14 states. As the company
expands its national reach, it is constantly working to improve processes and
offer innovative solutions, including bill pay advancement. After conducting a
broad vendor evaluation, SAFCo chose ACI’s comprehensive and integrated
electronic bill payment solution.

“As a finance company, payments are our lifeblood,” said Gary Stein, Chief
Financial Officer, SAFCo. “ACI’s electronic bill payment technology gives us a
competitive advantage by providing our customers the easiest and most flexible
ways to make their loan payments, resulting in both operational efficiencies
and significant cost savings for SAFCo and our customers.”

“As big banks and regional auto-lenders compete for market share, providing
convenient bill payment options can increase customer satisfaction, loyalty
and future purchase intent,” said Richard Crone, CEO, Crone Consulting LLC.
“We see increasing demand from consumers to pay from mobile devices and with
debit cards. Today’s lenders must not only offer these options, but also the
ability for consumers to pay quickly without having to sign up for online
banking. Many banks have more than 50 percent of their loans with customers
who do not have a checking account at their respective banks, yet banks do not
offer electronic payment options for this customer segment.”

“SAFCo recognizes the importance of catering to the wide range of consumer
preferences in order to win and retain business,” said Scott Fitzgerald, vice
president and product line manager, ACI Worldwide. “We’re seeing
forward-thinking consumer finance organizations expand their flexible bill
payment options to include mobile and debit cards. These capabilities provide
consumers fast and convenient payment options that make it easier to do
business with loan providers.”

About ACI Worldwide

ACI Worldwide, Inc., the Universal Payments company, powers electronic
payments and banking for more than 5,000 financial institutions, retailers,
billers and processors around the world. ACI software processes $13 trillion
each day in payments and securities 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 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 You can also find us on Twitter

© Copyright ACI Worldwide, Inc. 2014.
ACI, ACI Payment Systems, the ACI logo and all ACI product 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’
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Product roadmaps are for informational purposes only and may not be
incorporated into a contract or agreement. The development release and timing
of future product releases remains at ACI’s sole discretion. ACI is providing
the following information in accordance with ACI's standard product
communication policies. Any resulting features, functionality, and
enhancements or timing of release of such features, functionality, and
enhancements are at the sole discretion of ACI and may be modified without
notice. All product roadmap or other similar information does not represent a
commitment to deliver any material, code, or functionality, and should not be
relied upon in making a purchasing decision.


Media Contact:
ACI Worldwide, Inc.
Dan Ring, 781-370-3600
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