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    ACI Worldwide

    News stories featuring ACI Worldwide:

    ACI reports on mobile payments usage by Indian millennials

    June 27th, 2016

    More than two thirds of Indian millennials (67%) have purchased goods online and in-store using their mobile phone, research from ACI Worldwide reveals. “For those who shop using their mobile device, they do so more frequently — and with lower transaction values — than non-millennials,” the research firm says. “More than a third of respondents prefer alternative payments (e.g. PayPal, Alipay) for mobile-initiated purchases.”

    European spend on payments technology to rise

    April 26th, 2016

    Nearly three quarters of European retailers and financial institutions (71%) plan to increase their spending on payments technology in the next 18 to 24 months due to increasing competition and a feeling of being “under siege”, research from ACI Worldwide and Ovum shows. “Banks are seen as the primary provider of payment services by European retailers,” says ACI Worldwide. “87% want to work directly with banks.”

    Half of UK young adults pay with contactless each month

    July 21st, 2015

    Nearly half of 25-34 year olds in the UK (44%) use contactless payments in an average month, research from YouGov and payment systems provider ACI Worldwide has revealed. 54% of the same age group are also using mobile banking at least once a month, the survey found.

    Execs look to disrupt payments value chain

    June 4th, 2015

    Nearly half (44%) of payment executives globally cite reducing the number of fee collectors in the payments value chain as their “top opportunity”, ranking higher than targeted offers (41%) and mobile (39%), ACI Worldwide and Ovum reveal. Some 59% are evaluating direct connections with banks to cut reliance on card networks and 85% of banks want closer ties with organisations to reduce costs.

    84% of banks and retailers plan to invest in mobile payment technology

    May 1st, 2015

    The “overwhelming majority” of financial institutions and retailers are currently investing or planning to invest in new payment technologies within the next 18 to 24 months, with online (86%) and mobile payment technologies (84%) topping… More

    Most US retailers won’t be ready for EMV

    January 22nd, 2015

    More than half of all US retailers (55%) are still not fully prepared for the migration to EMV despite the impending October deadline, a survey for ACI Worldwide has revealed. Some 14% still have work to do, 19% are not prepared and 22% are still evaluating their options. “Just 12% of retailer respondents are already compliant, while 19% are confident they will meet the October deadline,” the survey found.

    ACI adds NFC with Bell ID

    June 22nd, 2012

    Payments processing software specialist ACI Worldwide is using technology from Bell ID to offer over-the-air management of secure tokens. ACI Token Manager for Mobile allows lifecycle management of applications, cryptographic keys and secure elements on NFC enabled devices. “The platform can be implemented by organisations choosing to launch mobile payment systems or seeking to add trusted service manager capabilities to their offerings,” says the company.

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