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ACI Worldwide Announces 2020 Innovation Award Winners, Recognizing Global Digital Payments Innovation
ALTO, The Co-Operative, Everlink, State Bank of India and Swarthmore College Receive Top Honors NAPLES, Fla.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ:ACIW),
About this update from Aci Worldwide, Inc.
[{"type":"text","content":"\nALTO, The Co-Operative, Everlink, State Bank of India and Swarthmore College Receive Top Honors\n\n NAPLES, Fla.--(BUSINESS WIRE)--\nACI Worldwide (NASDAQ:ACIW), a leading global provider of real-time digital payment software and solutions, today announced the winners of the 2020 ACI Innovation Awards. The awards recognize leading banks, financial intermediaries, merchants and billers around the world for their innovative use of ACI’s digital payments portfolio. Winners were selected by a panel of judges composed of ACI experts and industry analysts from Aite, Celent and Mercator Advisory Group.\n\n\nThis year’s winners include:\n\n\nALTO—a leading national switch in Indonesia. Alto implemented a robust, flexible, and scalable retail payments platform enabling rapid time-to-market for innovative payments services and channels. ACI's Retail Payments solution allowed ALTO to launch cutting edge payment services quickly and efficiently, enabling them to be at the forefront of digital payment services in Indonesia and across the ASEAN region.\n\n\nThe Co-Operative (Co-op)—one of the UK’s largest convenience food retailers. While many retailers are trying to make the customer experience as seamless and convenient as possible, Co-op took this a step further with its innovative Pay-in-Aisle technology. The app, which integrates with ACI's Omni-Commerce solution, allows time-pressed customers to scan products on their own device as they shop—a “frictionless experience.” Co-op is the first supermarket in the UK where there is no need to queue to check out.\n\n\nEverlink Payment Services Inc.—a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and SMEs across Canada. Everlink is perhaps the world’s first financial services provider to deploy a fraud management machine learning workbench into a production environment, be trained on modelling and deploy a highly effective detection model—in a single day, without the need of a data science team. This innovation has enhanced Everlink’s leadership position in the intermediary processor market in Canada and helped strengthen the organization for future payments transformation.\n\n\nState Bank of India (SBI)—India’s largest bank with more than 440 million account holders, SBI seamlessly updated and expanded its payment switch...