Business
ACI Worldwide and Ingo Payments to Power Faster, Flexible Digital Disbursements
New ACI Speedpay Digital Disbursements solution boosts consumers’ financial autonomy OMAHA, Neb.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), an original
About this update from Aci Worldwide, Inc.
[{"type":"text","content":"\nNew ACI Speedpay Digital Disbursements solution boosts consumers’ financial autonomy\n\n OMAHA, Neb.--(BUSINESS WIRE)--\nACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and Ingo Payments, a leading provider of embedded banking and money mobility solutions, today announced a partnership to provide a flexible, fast and secure digital disbursements solution: ACI Speedpay Digital Disbursements. This new solution is a value-added feature as part of the ACI Speedpay platform to help businesses scale their disbursement operations efficiently to meet customer expectations and evolving regulatory standards.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250318775347/en/Ingo Payments\nMany businesses today still rely on paper checks to disburse funds. However, according to the ACI Speedpay Pulse 2024 Report, consumer preference for digital payment channels is trending upward, with more than 75% of Americans preferring digital transactions. Digital payment accelerates disbursements, ensuring that consumers receive funds swiftly, especially during times of financial need. For example, timely and efficient insurance claim payouts after a natural disaster provide financial reprieve, reduce stress and strengthen customer loyalty.\n\nWith the new partnership, ACI and Ingo will provide flexible integration solutions that cater to the diverse needs of business customers, whether they require embedded payment capabilities or fully hosted SaaS-based disbursement experiences. The solution will support a range of disbursement options, including point-in-time disbursements, batch-based disbursements and real-time digital disbursements.\n\nACI Speedpay Digital Disbursements enables businesses to offer multiple payout options, including real-time payments, PayPal/Venmo, signature debit, and ACH. Businesses can streamline reporting and reconciliation by eliminating the delays associated with check deposits, reducing administrative overhead and improving cash flow efficiency.\n\n“At ACI Speedpay, we like to say - life is hard enough, let's make bill pay easy - the same can be said for disbursements, where consumers need their money fast and sent via their preferred payment type,” said Ron Shultz, General Manager of ACI Speedpay. “Our partnership with Ingo P...