Aci Worldwide Inc Stock Price, News & Analysis

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.

ACI Worldwide released its report on the state of real-time payments in the Asia-Pacific region, highlighting significant growth. In 2021, there were 118.3 billion real-time transactions worldwide, a 64.5% year-on-year increase, expected to reach 427.7 billion by 2026. The economic impact is notable, with additional GDP growth projected at US$173 billion by 2026. Nations like Thailand and Singapore see substantial cost savings and economic output generated through real-time payments, signaling a shift towards faster, more efficient transaction systems in the region.

A recent report by ACI Worldwide highlights the slower adoption of real-time payments in Australia and New Zealand compared to regional competitors. In 2021, global real-time payment transactions reached 118.3 billion, with projections of 427.7 billion by 2026. The economic impact study indicates that real-time payments could contribute an additional US$173 billion to GDP by 2026. Australia, accounting for 5.5% of total payment transactions, realized $205 million in savings in 2021, while New Zealand is exploring options for its first real-time scheme.

ACI Worldwide (NASDAQ: ACIW) will report its Q1 2022 financial results on May 5, 2022. A conference call is scheduled for 8:30 am EST and can be accessed via webcast or by dialing toll-free (866) 914-7436. ACI Worldwide is a leader in real-time payments software, providing solutions to corporations, fintechs, and merchants for managing digital payments, omni-commerce, bill payments, and fraud risk. The company's global presence supports real-time digital transformation in commerce.

ACI Worldwide will participate in Ellucian Live 2022 from April 10-13, 2022, in Denver, CO. The event focuses on meeting new student demands for digital and alternative payments. Since December 2021, ACI has signed with numerous schools, serving nearly 200,000 students. Experts from ACI will discuss mobile payments and survey findings showing that over half of students prefer alternative payment methods. These insights aim to help higher education institutions enhance payment experiences while reducing costs.

ACI Worldwide (NASDAQ: ACIW) has announced that ALTO, Indonesia’s leading interbank switch, has integrated ACI Fraud Management into its Retail Payments solution. This partnership enhances ALTO's capabilities, positioning it as the most advanced end-to-end enterprise payments solution in the industry. The integration aims to bolster security against the rising threat of cybercrime in real-time payments, driven by the recent launch of BI-FAST, Indonesia's first national real-time payment system, thereby addressing evolving regulatory requirements and safeguarding customer data.

ACI Worldwide has launched an industry-first Fraud Scoring Services platform using its patented Incremental Learning Technology. This platform allows financial institutions to reduce fraud losses by up to 75%. Initially available in North America and Europe, it will expand globally. The service offers enhanced machine learning capabilities, improving operational efficiency and fraud detection while reducing costs. ACI's technology adapts continuously to changing fraud patterns, providing real-time solutions for financial institutions.

ACI Worldwide (NASDAQ: ACIW) has announced it is the first vendor to offer Venmo as a payment option for federal taxpayers, in addition to PayPal payments. This expansion aims to enhance taxpayer convenience, security, and increase satisfaction by facilitating digital tax payments. ACI reports that 90% of IRS electronic payments via ACI are made online or through mobile, with mobile payments growing by 85% from 2021 to 2022. ACI has securely processed over $25 billion in IRS tax payments for more than 20 years.