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 (ACIW) delivers innovative payment systems and financial technology solutions powering global electronic transactions. This dedicated news hub provides investors and industry professionals with essential updates on the company developments shaping the future of digital payments.
Access timely announcements including earnings reports, strategic partnerships, and product innovations in real-time payment processing. Our curated feed covers operational milestones, leadership changes, and technology advancements within ACIW's SaaS-based payment platforms serving financial institutions and merchants worldwide.
Bookmark this page for direct access to official press releases and verified news about ACI Worldwide's role in enabling secure omni-channel payments. Stay informed about critical developments affecting the electronic payments landscape through our maintained collection of company-specific updates.
ACI Worldwide has launched its proprietary Network Intelligence Technology to enhance fraud prevention strategies for banks and payment providers. This technology allows for the secure sharing of industry-wide fraud signals, leveraging machine learning to combat rising fraud attacks, especially in the digital payments sector affected by the Covid-19 pandemic. With APP fraud increasing by 71% in the UK, ACI's solution aims to provide a customized, hybrid approach to fraud prevention, combining proprietary signals with community insights.
ACI Worldwide (NASDAQ: ACIW) will host its analyst day on November 17 at 9:00 am ET. The leadership team will discuss the company's momentum, its role in real-time digital payment solutions, and strategies for enhancing shareholder value.
To register for the event, visit here or access the live webcast via this link for those unable to attend in person. A recording will be available post-event.
ACI Worldwide (NASDAQ: ACIW) has launched Omni-Commerce Payment Analytics, enhancing its Omni-Commerce solution. This new feature allows merchants to analyze payment data across multiple channels, delivering real-time insights on payment trends. The analytics tool aims to help merchants improve decision-making, reduce costs, and maximize conversions. Additionally, ACI's Omni-Commerce solution includes robust fraud management capabilities. The company was recently awarded by Juniper Research for excellence in payment solutions.
ACI Worldwide (NASDAQ: ACIW) reported Q3 2021 revenue of $317 million, reflecting a slight increase from Q3 2020. The company achieved a 50% year-over-year increase in net new ARR, with 99% of its guided revenue already signed for 2021. Adjusted EBITDA was $74 million, down from $87 million a year earlier, resulting in a margin of 32%. ACI revised its 2021 revenue guidance up to $1.355-$1.360 billion and adjusted EBITDA to $380-$385 million. Cash flow from operations decreased to $40 million.
ACI Worldwide (NASDAQ: ACIW) has achieved a top ranking in Aite-Novarica Group’s 2021 Aite Matrix for U.S. Cash Management Vendors. The company excelled in vendor stability, client service, and product features. Recognized for its robust functionality and successful partnerships with large banks, ACI's user-friendly platform is noted for its superior payments capabilities. This recognition reflects ACI's commitment to customer-centricity and its leadership in the payments sector, according to Jim Gillespie, head of digital banking.
ACI Worldwide (NASDAQ: ACIW) has partnered with Affirm to enhance U.S. merchants' checkout options by integrating Affirm's buy now, pay later services into ACI's Secure eCommerce solution. This collaboration allows merchants to improve conversion rates by offering flexible payment solutions without hidden fees. A report forecasts the buy now, pay later market to exceed $1.2 trillion by 2024, making this partnership timely and strategic. ACI’s Secure eCommerce also features advanced fraud prevention and business intelligence tools, further strengthening its market position.
ACI Worldwide reports a significant rise in digital payment adoption in India, with 60% of consumers using these services multiple times weekly for festive shopping. Digital payments are preferred by 41% of respondents, surpassing cash (26%) and card payments (23%). Concerns about fraud have decreased to 24%, with 33% now viewing digital payments as the most secure option. UPI transactions reached a record 3.65 billion in September. The study emphasizes the continuing shift towards digital payments and highlights the integration of online and in-store shopping experiences.
ACI Worldwide (NASDAQ: ACIW) has partnered with RocketFuel Blockchain (OTC: RKFL) to offer merchants the ability to accept over 50 cryptocurrencies, including Bitcoin, as payment methods. This integration into ACI's Secure eCommerce platform allows for a single integration that eliminates processing fees for merchants, a first in the industry. RocketFuel's solution supports bank transfers and QR code payments, enhancing the customer experience. This partnership aims to drive consumer adoption of cryptocurrency in eCommerce, providing merchants with smarter payment options without volatility concerns.
ACI Worldwide (NASDAQ: ACIW) will report its Q3 2021 financial results on November 4, 2021. Management will host a conference call at 8:30 am ET to discuss these results. Interested parties can access a real-time webcast at investor.aciworldwide.com. A replay will be available for two weeks.
ACI Worldwide is a leading provider of real-time digital payment solutions for corporations, enhancing transactions, fraud management, and risk assessments.
ACI Worldwide, a leader in real-time payment solutions, has reported that its Secure eCommerce solution surpasses global benchmarks in fraud prevention, as per the Merchant Risk Council's latest survey. ACI achieved an acceptance rate of 98%, significantly higher than the industry average of 74.4%, while maintaining a deny rate as low as 0.2% compared to 5.5%. These results showcase ACI's effective multi-layered fraud prevention strategy, which adapts to changing eCommerce dynamics. The findings highlight the company's superior performance amidst a challenging fraud landscape.