ACI Worldwide enhanced its ACI Connetic platform with card payment solutions. This strategic move will enable financial organizations to handle multiple payment channels through a single user interface that is cloud-based. Today, the financial sector is under pressure to migrate its legacy systems to newer technologies. Keeping this in view, ACI developed this product to facilitate complex global processing operations. This is a major step toward a unified payment platform. This means that banks are able to scale up their operations as never before.
“When we introduced ACI Connetic, we set a new benchmark for how banks operate in the digital economy,” said Thomas Warsop, CEO and President, ACI Worldwide. “With ACI Connetic for Cards, we’re bringing that standard to the heart of retail payments, modernizing the issuing, acquiring, and ATM capabilities banks depend on. It gives institutions a future-ready foundation that improves flexibility and agility by opening a low-risk path to new services, new payment types, and continuous innovation.”
Cloud-Native Architecture Driving Payment Innovation
The platform was built using a microservices architecture to deliver the highest level of flexibility and performance. Besides that, it is capable of supporting the schematics of both traditional cards as well as the newer, real-time payment methods. This feature allows merchants to effectively offer products that meet the local consumers’ tastes. Above all, the cloud-based architecture drastically cuts down on the total cost of ownership for IT departments. Switching to this method allows for quicker time to market new financial offerings. Besides, it fortifies the computer system with safety features that are of a very high standard. For the protection of confidential financial data. The platform works in total harmony with the existing banking cores. So that the interruption at the time of deployment is kept to a minimum. Eventually, this innovation is another proof of point for ACI’s dominance in the global fintech arena. Through fostering agility and integration, the company assists its customers in the journey through a digital-first economy.
“Banks need payments infrastructure that can evolve without elevating risk,” said Bill Farris, head of issuing and acquiring at ACI Worldwide. “ACI Connetic for Cards brings card processing and account‑to‑account payments together on a single, cloud‑native platform, enhanced with advanced fraud and identity intelligence to deliver stronger resilience and operational efficiency. This is modern payments infrastructure built to evolve at the pace our customers require without risking stability.”
“At Solaris, we value both the innovation and the depth of capability delivered through ACI Connetic,” said Peter Hüftlein, head of product accounts, Solaris SE. “The unified, cloud-native approach supports us to simplify operations, accelerate change, and innovate across payment types with far greater control. ACI Connetic for our instant payments capabilities gives us a resilient, modern foundation that supports our growth and lets us deliver new customer experiences at speed.”
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News Source: Businesswire.com
