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February 09, 2016 9:02 PM ET

Software

Company Overview of ACI Worldwide Corp.

Company Overview

ACI Worldwide Corp. develops electronic payments and financial message processing solutions for financial institutions, banks, retailers, and payment processors worldwide. It offers software solutions to route and authorize electronic payment transactions; detect fraud and money laundering; issue and manage magnetic stripe and smart cards; deliver secure electronic correspondence; and automate payment settlement and claims processing. The company was incorporated in 1975 and is based in Omaha, Nebraska with additional offices in the Americas, Europe, the Middle East, Africa, and Asia Pacific. ACI Worldwide Corp. operates as a subsidiary of ACI Worldwide, Inc.

330 South 108th Avenue

Omaha, NE 68154-2684

United States

Founded in 1975

Phone:

402-390-7600

Fax:

402-330-1528

Key Executives for ACI Worldwide Corp.

Chief Executive Officer and President
Age: 65
President of EMEA and Managing Director of EMEA
Age: 65
President of Asia/Pacific
Compensation as of Fiscal Year 2015.

ACI Worldwide Corp. Key Developments

ACI Worldwide Corp. Provides Update on Lawsuit with BHMI

On September 24, 2015, a jury verdict was returned against ACI Worldwide Corp. for $43.8 million in connection with counterclaims brought in a lawsuit involving BHMI, Inc. in the District Court of Douglas County, Nebraska. Previously, the company had sued BHMI for the misappropriation of the company's trade secrets in a jury trial, and the jury found that the company had not met its burden of proof regarding these claims. BHMI then asserted counterclaims for breach of a non-disclosure agreement, tortious interference and violation of the Nebraska anti-monopoly statute, all of which were alleged to arise out of the company's filing of its claim. On September 24, 2015, the jury found for BHMI on its three claims and awarded $43.8 million in damages. The court has yet to determine whether BHMI will be awarded any attorneys fees and costs. The company disagrees with the results and intends to appeal the dismissal of the claims against BHMI and the verdict in favor of BHMI on its counterclaims.

PHFCU Selects ACI's WebFederal for Online Banking and Bill Payment Services

Pearl Harbor Federal Credit Union, or PHFCU, has selected WebFederal, an integrated online banking platform for credit unions, from ACI Worldwide to power its PHFCU Online, a mobile banking and bill payment services. PHFCU selected ACI's WebFederal online banking solution, which provides customers with a universal, real-time, omni-channel experience. PHFCU is hosting its application in ACI's secure and fully compliant data centers, which host banking and payment solutions for more than 4,000 financial institutions, retailers and billers.

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