ACI Worldwide : Spotlights Immediate Payments at MEFTECH 2018
May 08, 2018 at 03:15 pm EDT
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ACI Worldwide Spotlights Immediate Payments at MEFTECH 2018
Tuesday, May 08, 2018
Naples, FLA - May 8, 2018 - Payments and fraud experts from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, will present at the upcoming MEFTECH conference in Riyadh, Saudia Arabia, May 9 - 10, 2018. Additionally, ACI will spotlight its UP Real-Time Payments Solution, including its real-time fraud management capabilities, at the conference.
MEFTECH is the longest running banking and financial technology event in the MENA Region (Middle East and Northern Africa). Over the years, MEFTECH has brought together more than 8,000 financial industry executives and over 1,000 technology providers in Bahrain, Dubai and Abu Dhabi.
ACI Sessions:
Real-Time Payments in the Middle East & Making the Most of the Opportunity
Executive panel on how real-time payments will affect banking in the Middle East and the most promising value-added services banks can offer customers with real-time payments
ACI speaker: Craig Ramsey, Head of Real-Time Payments, ACI Worldwide
Date: May 9, 12:00 - 12:30
Location: Main Auditorium
The Business Case for Immediate Payments
Round table discussing the business case for real-time payments, how Islamic/Sharia banking will be influenced by real-time and fraud prevention in the real-time world
ACI speaker: Craig Ramsey, Head of Real-Time Payments, ACI Worldwide
Date: May 9, 2:45 - 3:15pm
Location: Roundtable Theatre
ACI has an unmatched global customer base of financial institutions and payment service providers using its UP Real-Time Payments solution. In the UK, the solution has been used by financial institutions to access the UK Faster Payments scheme since its launch in 2008. Currently, more than 70% of the direct participants of the UK's Faster Payments Scheme use ACI's solutions. Last year EBA Clearing selected ACI as one of the 'frontrunner service providers' for the pan-European EBA SEPA Instant Credit scheme. ACI has also partnered with VocaLink to offer a complete end-to-end immediate payments solution for a domestic or regional immediate payments network. Additionally, ACI has customers using UP Real-Time Payments to access Singapore FAST and the Australian NPP (New Payments Platform). ACI is also implementing The Clearing House RTP system and Zelle for customers in the US. ACI serves on the ISO 20022 Real-Time Payments Group and the EPC Instant Payments Technology Group, and chairs the IPFA rules working group.
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ACI Worldwide Inc. published this content on 08 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 May 2018 19:14:02 UTC
ACI Worldwide, Inc. develops, markets, installs, and supports a line of software products and solutions primarily focused on facilitating real-time digital payments. The Companyâs segments include Banks, Merchants, and Billers. It provides payment solutions to large and mid-size banks globally for retail banking, real time, digital, and other payment services. It support merchants globally, including Tier 1 and Tier 2 merchants, online-only merchants and payment service providers, independent selling organizations, value-added resellers, and acquirers who service them. Within the Billers segment, the Company provides electronic bill presentment and payment (EBPP) services to companies operating in the consumer finance, insurance, healthcare, higher education, utility, government, and mortgage categories. Its solutions include ACI acquiring, ACI issuing, ACI enterprise payments platform, ACI low value real-time payments, ACI high value real-time payments, and others.