Aci Worldwide Inc Stock Price, News & Analysis

ACI Worldwide (NASDAQ: ACIW) has announced a partnership with Japan Card Network, Inc. (CARDNET) to modernize its digital payments infrastructure. CARDNET, which processes over 30 billion domestic payment transactions annually, will leverage ACI's technology to enhance its services for 106 companies and over 889,000 point-of-sale terminals across Japan. The collaboration aims to meet increasing demand for advanced digital payment solutions in both domestic and international markets, further solidifying ACI's growth in the Asia Pacific region.

ACI Worldwide reported Q2 2022 financial results showing revenue of $340 million, a 13% increase from Q2 2021, and adjusted EBITDA of $66 million, up 10%. New ARR bookings rose 3% year-over-year, totaling $18 million, and 43% year-to-date. The bank segment revenue surged 24%, while the merchant segment revenue fell 2%. ACI expects Q3 revenue between $310 million and $325 million and reaffirms full-year guidance of $1.415 billion to $1.435 billion.

ACI Worldwide (NASDAQ: ACIW) will announce its Q2 2022 financial results on August 4, 2022, at 8:30 am EST. The company, a leader in real-time payments software, will host a conference call to discuss these results. Interested participants can access the teleconference via this link or dial in at (888) 645-4404. ACI Worldwide provides essential software solutions for processing digital payments globally.

ACI Worldwide (NASDAQ: ACIW) reported significant growth in transaction volumes and values, driven by consumer adoption of digital payments during events like Amazon Prime Days 2022. Overall transaction volumes increased by 25% and values by 20% compared to 2021. The 'Buy Now, Pay Later' trend saw an almost 50% rise in average transaction value. Mobile device transactions grew 25%, while fraud attempts remained stable, rising by only 0.1%. Regional insights indicated strong performance in North America and Australia, with transaction values surging significantly.

One Equity Partners has agreed to acquire ACI Worldwide's corporate online banking solutions, a leading API-driven service that processes over $1 billion in daily payments. The new entity will operate as Dragonfly Financial Technologies. With a strong management team and a blue-chip customer base, this acquisition is positioned to leverage the growing demand for digital banking solutions. Johan Roets, ACI's current Chief Administrative Officer, will lead the new company, emphasizing accelerated growth opportunities for banks adapting to complex technology requirements.