The ACI Connetic platform is leading to rapid modernization in the UK banking sector. ACI Worldwide has announced the enhancement of its cloud-native offering. In addition, UK banks are now able to consolidate various payment schemes into a single platform. The platform supports seamless integration with SWIFT, CHAPS, and Faster Payments. As a result, financial institutions are able to simplify their operations and minimize complexity. In addition, the single platform enables enhanced payment processing efficiency.
“ACI Connetic is gaining real global traction and the UK deployment is a major milestone,” said Richard Albery, head of banking, UK and Ireland at ACI Worldwide. “Banks are facing unprecedented pressure to modernize quickly as payments grow more complex. ACI Connetic is more than a new payments product; it’s an operating model built for the digital economy, giving institutions the agility and scale they need to grow.”
Cloud, Scalability, and Industry Impact
The ACI Connetic platform further improves the scalability and resilience offered to banks. On the other hand, the cloud-native architecture provides for the quicker launch of new services. As a result, banks can easily keep up with the changing demands of their customers. The platform enables real-time payments and international transactions. In addition, it improves the compliance and risk management functions. Banks can further improve visibility into payment processes. In conclusion, the ACI Connetic platform indicates the increasing need for a comprehensive payment ecosystem. As a result, UK banks can speed up their digital transformation projects.
“Microsoft Azure is increasingly becoming a foundational platform for high-performance enterprise payments,” said Christian Sarafidis, Chief Executive, EMEA Financial Services. “Our collaboration with ACI Worldwide helps banks access a cloud-native approach that supports security, compliance, resilience, and scalability, while enabling continuous innovation. As payments continue to evolve, cloud technology is playing an important role in helping institutions respond to digital commerce, regulatory change, and rising customer expectations.”
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News Source: Businesswire.com
