August 26, 2016 9:20 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: 66
President of EMEA and Managing Director of EMEA
Age: 66
President of Asia/Pacific
Compensation as of Fiscal Year 2016.

ACI Worldwide Corp. Key Developments

The Co-Operative Group Appoints ACI Worldwide to Run its Card Payment Operations Across All Food Stores and Fuel Sites

The Co-operative Group has appointed ACI Worldwide to run its card payment operations across all food stores and fuel sites. ACI will operate its latest encryption system to ensure The Co-op's customers' bank details, obtained from their cards during payment, are safe in transit between a Co-op outlet and the bank. The UP Merchant Payments solution, which uses point-to-point encryption (P2PE), an emerging system in the payments industry that protects credit and debit card data in transit, will go live at The Co-op's 2,800 stores early next year.

ACI Worldwide Inc. Presents at Craig-Hallum Capital Group 13th Annual Institutional Investor Conference, Jun-01-2016

ACI Worldwide Inc. Presents at Craig-Hallum Capital Group 13th Annual Institutional Investor Conference, Jun-01-2016 . Venue: The Depot Renaissance Minneapolis Hotel, 225 Third Avenue South, Minneapolis, Minnesota, United States.

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.

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