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ACI Worldwide Increases Global Reach, Powering 25 Domestic and Pan-Regional Real-Time Schemes
ACI covers approximately one-third of the countries that offer real-time payments services MIAMI--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), a global
About this update from Aci Worldwide, Inc.
[{"type":"text","content":"\nACI covers approximately one-third of the countries that offer real-time payments services\n\n MIAMI--(BUSINESS WIRE)--\nACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced the expansion of the global reach of its industry-leading, real-time payments software solutions. ACI now powers 25 domestic and pan-regional real-time schemes across six continents — including nine central infrastructures — providing solutions to central banks, participant banks, fintechs and other payment service providers.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230131005963/en/(Graphic: Business Wire)\nEurope, the Middle East and the UK are ACI’s leading regional markets, with 12 countries having integrated real-time payment software capabilities, followed by nine countries in the Asia-Pacific and four in the Americas region. The latest additions to ACI’s growing client roster are the central banks of three nations in the Middle East.\n\n“In 2022, we signed three new countries who trust ACI to support their central infrastructure mandates,” said Alessandro Silva, ACI Worldwide’s chief revenue officer. “This adds to our long history of success in Asia, where ACI powers the central infrastructure for Indonesia, Malaysia and Thailand and supports many real-time payments schemes across the APAC region, including Singapore, Philippines and Australia.”\n\nGlobally, ACI covers approximately one-third of the countries that offer real-time payments services, reaching about 1.8 billion people* served by various organizations, including central governments, payment networks, banks, financial institutions and fintech companies.\n\nACI Worldwide’s platform expansion responds to rapidly increasing real-time payment adoption rates worldwide. According to intelligence by GlobalData, real-time payments will account for nearly a quarter of global electronic payments by 2026.\n\nGovernment and central intervention in national payment schemes is the primary driver of real-time adoption, with many nations mandating compliance or taking a consensus-driven and collaborative approach. The European Commission unveiled draft law recently that would require banks to offer instant payments in euros at no extra cost, and immediate payments in the U.S. is...