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. develops and supports electronic payments software used by banks, billers, merchants, community banks and credit unions. Company updates center on payments modernization, real-time payments, card processing, fraud and financial crime controls, and digital bill payment through businesses such as Payment Software and Biller.
Recurring developments include earnings releases, guidance updates, share repurchases, product launches for the cloud-native ACI Connetic platform, and collaborations tied to payment verification and real-time payment infrastructure. ACI also publishes research on payment adoption, biller modernization and regional instant-payment systems, including activity in Latin America and other global markets.
A recent ACI Worldwide (NASDAQ: ACIW) survey conducted with YouGov reveals significant trends in taxpayer behavior. Nearly 40% of taxpayers plan to use their tax refunds for debt relief, while 44% choose to save, indicating financial caution amid inflation.
The survey highlights a strong digital shift, with 65% of respondents preferring digital payment methods, while paper checks declined to just 15%. Alternative payment solutions like PayPal, GooglePay, and ApplePay are particularly popular among Gen Z. 80% of respondents prefer electronic tax refund deposits.
Concerning tax filing methods, 39% will use electronic software, 27% will use professional services, and 11% will file by mail. The survey also revealed security concerns, with 17% experiencing phone scams, 16% phishing attempts, and 13% identity theft. ACI Worldwide, an IRS-approved service provider, has processed over $25 billion in IRS tax payments.
ACI Worldwide (NASDAQ: ACIW) has announced a strategic partnership with NationsBenefits to enhance the functionality of NationsBenefits' Benefits Mastercard® Prepaid Flex Card. The collaboration aims to improve retailer connectivity, payment options, and security for merchants accepting the Flex Card.
Through ACI's Intelligent Payments Orchestration technology, the partnership will:
- Streamline transaction efficiency
- Simplify merchant onboarding
- Enable real-time purchase adjudication at point of sale
- Provide decryption services to reduce PCI compliance burden for retailers
The partnership will give millions of health plan members access to an expanded network of participating retailers, including supermarkets, pharmacies, and convenience stores. The Flex Card allows members to purchase eligible items such as groceries, meal delivery, and over-the-counter medical products covered by their health plans.
ACI Worldwide (NASDAQ:ACIW) and Co-op, a leading U.K. convenience retailer, have extended their strategic technology partnership. Co-op will continue utilizing ACI's Payments Orchestration Platform for its 2400 stores across the UK, encompassing in-store, online, and mobile payment processing alongside comprehensive payments and fraud management.
Key developments include Co-op's successful migration of its payments and fraud prevention software to ACI's multi-tenant cloud platform hosted in Microsoft Azure in 2024, enhancing scalability, security, and data protection. The retailer implements ACI's point-to-point encryption and tokenisation technology to secure payments data.
ACI Worldwide (NASDAQ: ACIW) and Ingo Payments have partnered to launch ACI Speedpay Digital Disbursements, a new solution aimed at modernizing payment disbursement operations. The partnership addresses growing consumer demand for digital payments, with over 75% of Americans preferring digital transactions according to the ACI Speedpay Pulse 2024 Report.
The solution offers multiple payout options including real-time payments, PayPal/Venmo, signature debit, and ACH. It supports various disbursement types: point-in-time, batch-based, and real-time digital disbursements. This initiative helps businesses transition from paper checks to digital payments, streamlining reporting and reconciliation processes while reducing administrative overhead and improving cash flow efficiency.
ACI Worldwide (NASDAQ: ACIW) reported strong financial results for 2024, with total revenue growing 10% to $1.594 billion. Net income surged 67% to $203 million, while adjusted EBITDA increased 18% to $466 million. Cash flow from operating activities more than doubled, reaching $359 million.
Segment performance showed varied results: Bank segment revenue rose 14% with adjusted EBITDA up 20%, Merchant segment revenue increased 10% with adjusted EBITDA up 57%, while Biller segment revenue grew 6% but saw an 8% decrease in adjusted EBITDA. The company ended 2024 with $216 million in cash and $933 million in debt.
Looking ahead to 2025, ACI projects revenue growth of 7-9%, targeting $1.685-1.715 billion, with adjusted EBITDA expected between $480-495 million.
ACI Worldwide (NASDAQ: ACIW) has announced it will release its financial results for Q4 and full year 2024 on Thursday, February 27, 2025. The company will host a conference call at 8:30 a.m. Eastern time on the same day to discuss the results. Investors can access the conference through a live webcast at the company's investor relations website or join via phone using the toll-free number (888) 660-6377 with conference ID 3153574.
ACI Worldwide (NASDAQ:ACIW) has expanded its fintech partnership ecosystem by partnering with Banfico, a fintech specializing in regulatory technology and Open Banking solutions. The collaboration aims to help UK and European banks and payment service providers (PSPs) comply with Verification of Payee (VOP) and Confirmation of Payee (CoP) requirements.
The VOP service, mandatory for PSPs by October 2025 under the European Instant Payment Regulation, verifies account names and numbers before transfers to enhance payment security across the Single Euro Payments Area. As a Pay.UK-certified CoP aggregator, Banfico enables ACI to provide CoP services to Faster Payments customers in the UK, offering additional protection against fraud and identity scams.
ACI Worldwide (NASDAQ:ACIW) has been recognized as a key player in Datos Insights' latest vendor evaluation report for payment hub providers. The report highlights ACI's Enterprise Payments Platform for its global reach, supporting over 40 payment networks across 90+ countries.
The platform features a cloud-native architecture with modern APIs and modular services, enabling intelligent payments orchestration. Key strengths include support for 44 payment networks globally, unified user interface across payment types, and integrated fraud, risk and compliance solutions with AI-powered intelligence capabilities.
The platform serves 19 of the top 20 banks worldwide and supports 11 central bank infrastructures. According to Erika Baumann, Director at Datos Insights, ACI Worldwide stands out for its innovative approach and ability to deliver scalable solutions for global financial institutions.
ACI Worldwide (NASDAQ: ACIW) has appointed Philip Bruno as Chief Strategy and Growth Officer. Bruno brings over 30 years of experience from McKinsey & Company, where he served as partner and co-lead of the Global Payments Practice. In his new role, Bruno will lead ACI's growth strategy and oversee the commercial roll-out of ACI's payments hub, scheduled for launch in 2025.
The appointment aligns with ACI's 2024 strategy to become the global leader in Intelligent Payments Orchestration. Bruno's responsibilities will include developing corporate strategy, monitoring market dynamics, identifying growth opportunities, and partnering with customers to guide strategy execution. He holds an MBA from NYU's Stern School of Business and a BA in International Relations from the University of Pennsylvania.
ACI Worldwide (NASDAQ: ACIW) announced that Bridget Hall, Leader of Real-Time Payments for the Americas, has been named among American Banker's Most Influential Women in Payments for 2025. The award recognizes female leaders shaping the future of payments and advancing financial services.
Hall was acknowledged for her significant role in driving innovation at ACI Worldwide, particularly in launching transformative solutions across North and Latin America. Under her leadership, the company has implemented real-time payments solutions, AI-powered fraud prevention systems, and enhanced customer experiences. Her strategic vision has contributed to ACI's market success in these regions.
Beyond her professional achievements, Hall actively promotes mentorship and diversity in financial services, leading initiatives within ACI Worldwide to support women in technology and finance.