STOCK TITAN

ACI Worldwide, Inc. - $ACIW STOCK NEWS

Welcome to our dedicated page for ACI Worldwide news (Ticker: $ACIW), a resource for investors and traders seeking the latest updates and insights on ACI Worldwide stock.

ACI Worldwide, Inc. (NASDAQ: ACIW) is a leading provider of mission-critical, real-time payments software solutions. The company offers a comprehensive suite of software and SaaS-based solutions that facilitate electronic payments and enable the industry's most complete omni-channel payments experience. ACI Worldwide powers electronic payments for more than 5,100 organizations globally, including over 1,000 of the largest financial institutions and intermediaries, as well as thousands of leading merchants. The company's software products process transactions for retail banking clients, utilities, healthcare providers, and community banks, facilitating $14 trillion in payments daily.

ACI Worldwide's latest projects include key partnerships and technological advancements, such as the collaboration with RYVYL EU to leverage the ACI Payments Orchestration Platform for improved transaction conversion rates and enhanced customer experiences. Additionally, the extension of its longstanding partnership with Kuvasz Solutions aims to advance the adoption of Colombia's real-time payments ecosystem, signifying ACI's commitment to driving digital payments transformation in Latin America.

Financially robust, ACI Worldwide reported significant growth in Q4 2023, with a total revenue increase of 5% YoY to $477 million, recurring revenue up by 7%, and a net income growth of 36% to $123 million. The company also repurchased 1 million shares for $28 million and expects continued revenue growth of 7-9% in 2024. These figures underscore ACI Worldwide's strong market position and strategic focus on expanding its payment technologies and global footprint.

In addition to its financial achievements, ACI Worldwide continuously enhances its product offerings. Recent advancements include the integration of cutting-edge data-centric security solutions through its partnership with Comforte AG to help clients meet the new PCI DSS v4.0 standards. This commitment to innovation and security ensures that ACI Worldwide remains at the forefront of the evolving payments industry, providing secure, scalable solutions that meet the needs of its diverse customer base.

For more information, visit ACI Worldwide or follow them on Twitter @ACI_Worldwide.

Rhea-AI Summary

ACI Worldwide (NASDAQ: ACIW) has announced a $400 million share repurchase authorization. This new authorization includes $65 million remaining from the company's existing buyback program. So far in 2024, ACI has repurchased about 3 million shares for $106 million. The repurchase can be executed at management's discretion either in the open market, through privately negotiated transactions, or via Rule 10b5-1 plans. The authorization has no expiration date, providing flexibility for future buybacks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
buybacks
-
Rhea-AI Summary

ACI Worldwide, Inc. reported strong financial results for Q1 2024 with revenue up 9% from Q1 2023, net loss improved to $8 million, adjusted EBITDA increased by 93%, and operating cash flow rose by 208%. The company repurchased 2 million shares, raised guidance for full-year 2024, and saw growth in all segments. ACI is confident in its ability to capitalize on opportunities ahead.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
Tags
-
Rhea-AI Summary

Global real-time payments growth has reached sustainable levels with 266.2 billion transactions recorded in 2023, a 42.2% YoY growth. India dominates the market with 49% of transactions, followed by Brazil, Thailand, China, and South Korea. The report highlights lessons from successful markets like India, Brazil, Indonesia, Malaysia, and Netherlands. By 2028, 575.1 billion real-time transactions are projected globally, accounting for 27.1% of all electronic payments. Key findings include the growth in Asia Pacific, Latin America, and Africa, as well as the importance of collaboration, inclusivity, merchant incentives, innovative use cases, and cross-border payments in driving real-time payments success.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
Tags
none
Rhea-AI Summary
ACI Worldwide, Inc. is set to release its financial results for the quarter ended March 31, 2024. The conference call is scheduled for Tuesday, April 30, 2024, at 8:30 a.m. ET. ACI Worldwide, a global leader in mission-critical payment solutions, aims to provide insights into its performance and outlook for investors and analysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
-
Rhea-AI Summary
AFS partners with ACI Worldwide to drive digital payments modernization in the Middle East and Africa using ACI Enterprise Payments and Orchestration Platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
Tags
none
-
Rhea-AI Summary
ACI Worldwide (ACIW) releases a report showing a decline in electronic tax filing popularity through software.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
none
Rhea-AI Summary
ACI Worldwide (ACIW) reports on the potential impact of instant payments growth on young adults' savings by 2028, addressing the risk of poverty or social exclusion in the EU.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
-
Rhea-AI Summary
ACI Worldwide (ACIW) emphasizes the urgency for businesses to transition to PCI DSS v4.0 before v3.2.1 retires in 2024, highlighting the importance of compliance with the new standards by March 31, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
-
Rhea-AI Summary
Kiwibank in New Zealand partners with ACI Worldwide for cloud-hosted payment processing, becoming the first bank in the country to adopt this technology. The move aims to modernize the bank's tech stack, improve performance, and enhance security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
none
Rhea-AI Summary
ACI Worldwide (ACIW) reports strong Q4 2023 results with total revenue reaching $477 million, a 5% growth. The company also saw a 7% increase in total recurring revenue and a 36% growth in net income. Total EBITDA reached $210 million, an 8% increase, while cash flow from operating activities grew by 107%. ACIW repurchased 1 million shares for $28 million and expects 7-9% revenue growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.26%
Tags

FAQ

What does ACI Worldwide do?

ACI Worldwide provides mission-critical, real-time payments software solutions, enabling over 5,100 organizations worldwide to process electronic payments securely and efficiently.

Who are ACI Worldwide's customers?

ACI Worldwide's customers include more than 1,000 of the largest financial institutions, intermediaries, and thousands of leading merchants globally.

What recent partnerships has ACI Worldwide announced?

ACI Worldwide recently announced partnerships with RYVYL EU to enhance transaction conversion rates and with Kuvasz Solutions to advance real-time payments adoption in Colombia.

How did ACI Worldwide perform financially in Q4 2023?

In Q4 2023, ACI Worldwide reported a revenue increase of 5% YoY to $477 million, with net income growing by 36% to $123 million and recurring revenue up by 7%.

What are ACI Worldwide's future growth expectations?

ACI Worldwide expects a 7-9% revenue growth in 2024, driven by new customer onboarding, interchange improvement efforts, and expanding its SaaS businesses.

How does ACI Worldwide ensure payment security?

ACI Worldwide partners with Comforte AG to integrate data-centric security solutions, helping clients meet PCI DSS v4.0 standards and ensuring robust payment security.

What are some of ACI Worldwide's core products?

ACI Worldwide offers a range of products including real-time payments software, omni-commerce solutions, electronic bill presentment and payment services, and fraud management solutions.

What is ACI Worldwide's role in the real-time payments market?

ACI Worldwide is a global leader in real-time payments software, facilitating $14 trillion in payments daily and powering 26 domestic and pan-regional real-time schemes across six continents.

How does ACI Worldwide support digital transformation?

ACI Worldwide supports digital transformation by providing scalable and secure software solutions that enable the real-time digital transformation of payments and commerce for its clients.

Where can I find more information about ACI Worldwide?

For more information, visit ACI Worldwide's official website at www.aciworldwide.com or follow them on Twitter @ACI_Worldwide.

ACI Worldwide, Inc.

Nasdaq:ACIW

ACIW Rankings

ACIW Stock Data

3.77B
105.18M
1.4%
104.18%
2.2%
Software Publishers
Information
Link
United States of America
ELKHORN