Aci Worldwide Inc Stock Price, News & Analysis

ACI Worldwide (NASDAQ: ACIW) has partnered with COMO Global S.A., enhancing COMO's payments gateway, COMO World, with ACI Secure eCommerce. This collaboration aims to support COMO's expansion into new markets by providing access to a wide range of local and cross-border acquirers and diverse payment methods. The enhanced platform will enable merchants to accept multiple payment types securely while benefiting from advanced fraud prevention and business intelligence tools.

ACI Worldwide, a leader in real-time digital payment solutions, will release its financial results for Q4 and full-year 2021 on February 24, 2022. A conference call is scheduled for 8:30 am ET to discuss these results and 2022 financial guidance. Interested participants can join via a webcast or by phone. This earnings report is pivotal for investors as it will provide insights into the company's performance and future financial expectations.

ACI Worldwide has played a critical role in launching Indonesia's first national real-time payments infrastructure, BI-FAST, in under nine months. This initiative, part of Indonesia's Payment System Blueprint 2025, aims to modernize the nation's payment systems and enhance digital economy integration. Currently, over 20 banks are live with services including 24/7 real-time credit transfers and integrated fraud detection. The implementation will connect 135 banks and service providers, marking it as one of the largest real-time payments projects globally.

A new global report reveals that 65% of banks view Open APIs as essential for modernizing payment systems, allowing access to diverse fintechs and consolidating payment types. A third of banks now generate over half their income from payment processing, with 86% of large banks deriving over 30% of revenues from this channel. The report also highlights that over 90% of financial institutions consider payment hubs critical for addressing payment-related challenges, with 45% planning to implement a hub in the next five years.

ACI Worldwide reported a 28% growth in buy now, pay later (BNPL) transactions from October to December 2021 compared to 2020, peaking at over 43% in October. Overall transaction values rose 28% in October 2021 due to early holiday shopping driven by supply chain fears. The buy online, pick up in-store (BOPIS) method saw a 68% increase during the holiday season. However, fraud attempts surged 14% between Thanksgiving and Cyber Monday, particularly targeting electronics. The travel and ticketing sectors showed strong growth, with nearly 100% increase in transactions.

ACI Worldwide (NASDAQ: ACIW) has received numerous industry accolades in 2021, highlighting its leadership in payment solutions. Recognized in areas such as AI, Digital Banking, and Fraud Management, ACI's achievements include best-in-class rankings and awards for its innovative software and technology. Key recognitions involve the Best Application of AI at AI Awards Ireland and the Best Online Payment Solution at the Payments Awards. This ongoing recognition validates ACI's commitment to enhancing its offerings as they evolve towards a NextGen real-time payments cloud.

ACI Worldwide announced a new partnership with KyckGlobal to enhance digital disbursement options for billers in the U.S. This partnership allows billers to offer customers a variety of payment methods, including international payments and cash options. The collaboration aims to streamline payments in sectors like education and insurance, enabling quick and convenient disbursements. The service utilizes a cloud-based engine that supports multiple payment types, aimed at improving customer experience and reducing disbursement delays.

ACI Worldwide and Dover Fueling Solutions have announced a new point-to-point encryption (P2PE) security solution aimed at enhancing the protection of customer credit and debit card data during fueling transactions. This collaboration responds to the recent liability shift in the U.S., which necessitates stronger security measures. The P2PE technology encrypts cardholder data from the moment of entry to decryption at the payment platform, safeguarding against various cyber threats. This initiative underscores the companies' commitment to secure transactions for fuel retailers.

ACI Worldwide (NASDAQ: ACIW) announced a $250 million share repurchase authorization, underscoring its confidence in the company's transformation and future potential. This includes $38 million remaining from prior approvals. The firm has repurchased $100 million in stock since early 2020 and plans to allocate a significant portion of the new buyback within the next year. CEO Odilon Almeida highlighted the strategy's alignment with their long-term vision to lead in real-time payments. CFO Scott Behrens emphasized their commitment to returning cash to shareholders, backed by strong cash flow and financial flexibility.