Aci Worldwide Inc Stock Price, News & Analysis

ACI Worldwide has launched ACI Smart Engage, a mobile engagement platform enhancing the shopping experience for consumers. This innovation allows merchants to deliver offers directly to consumers' smartphones using geolocation and multimedia ads, facilitating one-click purchases anytime, anywhere. By integrating this feature into existing mobile applications, merchants can boost sales and engage customers effectively. Smart Engage is part of the company’s Omni-Commerce platform, supporting versatile payment solutions.

ACI Worldwide reported Q1 2022 financial results with revenue of $323 million, a 13% increase from Q1 2021. Adjusted EBITDA rose 50% to $68 million, and net income reached $16 million, improving from a net loss of $2 million in the previous year. New Annual Recurring Revenue (ARR) bookings surged 117% to $21 million. ACI reaffirmed its 2022 guidance with expected revenue growth of $1.415 billion to $1.435 billion and adjusted EBITDA between $400 million and $415 million.

ACI Worldwide (NASDAQ: ACIW) has announced its significant involvement in the FedNow Pilot Program, enhancing the upcoming U.S. real-time payments system set for launch in 2023. Since 2021, ACI has played a pivotal role, contributing to essential testing and design phases. A recent report indicates that real-time payments constituted 0.9% of U.S. total payments volume in 2021, expected to increase significantly with FedNow's introduction, potentially reaching 25.6% of global electronic payments by 2026. ACI aims to support customers in their transition to this new system.

Prolific Banking, Inc. has partnered with ACI Worldwide (NASDAQ: ACIW) to integrate Prolific's On-Ramp solution into ACI's Universal Online Banker. This collaboration aims to enhance automated enrollment for commercial banking clients, leveraging ACI APIs for seamless service integration. Jim Gillespie, VP at ACI, emphasized the value added for banks through this partnership. Prolific's president, Scott Graf, highlighted a commitment to open solutions and integration. The Prolific Open Digital platform focuses on digital transformation in banking, improving client experiences and revenue generation.

ACI Worldwide (NASDAQ: ACIW) is set to participate in the Smarter Faster Payments 2022 conference from May 1-4 in Nashville, TN. Experts from ACI will discuss key topics, including fraud prevention and real-time payments. Notably, Marc Trepanier will address high-value fraud in real-time payments on May 2, while Craig Ramsey will leverage insights from 20 countries regarding FedNow. ACI aims to enhance digital banking capabilities and address the increasing cyber threats in the evolving payments landscape.

The latest report from ACI Worldwide highlights substantial growth in real-time payment transactions, with a global increase from 118.3 billion in 2021 to a projected 427.7 billion by 2026, marking a YoY growth of 64.5%. Real-time payments are expected to contribute an additional GDP of US$173 billion by 2026. The report indicates that developed economies, particularly in Europe, are lagging behind emerging markets like India and Brazil, resulting in untapped economic opportunities. Enhancing real-time payment systems can unlock significant benefits across various sectors.

ACI Worldwide has released its Prime Time for Real Time 2022 report, indicating that global real-time payment transactions grew by 64.5% year-over-year, reaching 118.3 billion in 2021 and projected to hit 427.7 billion by 2026. This growth will contribute an estimated US$173 billion to global GDP by the same year. The report emphasizes the importance of real-time payments in enhancing economic growth, financial inclusion, and efficiency in 'gig economies'. Key findings highlight the rapid expansion in emerging markets compared to developed nations.

ACI Worldwide has released its report on the growth of real-time payments, highlighting that real-time payment transactions in India reached 48.6 billion in 2021. This surge is expected to contribute an additional US$45.9 billion to India's GDP by 2026. Globally, real-time transactions grew by 64.5% year-over-year, with projections to rise from 118.3 billion in 2021 to 427.7 billion by 2026. The findings underscore the significant role of modernization in enhancing economic efficiencies, particularly in developing countries.