ACI Worldwide Steps Up to Markets Growing Open API Demands ACI launches new API manager capabilities to support financial institutions open banking strategies

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GlobeNewswire 17-Oct-2017 3:00 AM
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ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-timeelectronic payment and bankingsolutions, today announced the launch of new API manager capabilities available to all clients using ACIs Universal Payments (UP) solutions.
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As financial institutions look to more effectively compete in todays rapidly changing payments environment, ACIs API manager capabilities are designed to support customers in developing a strategic approach to the emerging open banking payments ecosystem, and to provide the tools to meet established and emerging regulatory requirements including PSD2 and GDPR.
ACIs new UP API manager capabilities are designed to:
Connect to any front-end gateway
Connect to any back-end system that a bank runs
Provide a middleware API layer to help orchestrate the message flows and business logic to allow banks and external developers to define and build appropriate APIs
Empower banks to manage the levels of authentication and authorization required to maintain control in the data being requested and accessed
Enable banks to meet customer expectations for a seamless payment experience
The solution capabilities support ACIs Universal Payments strategy and help banks lay the foundation for their own enterprise-wide open banking strategy. Banks can choose and build the endpoints to their systems, and manage which gateways they connect to and utilize.
The delivery of ACIs new API manager capabilities is a key milestone in the realization of our Universal Payments strategy, said Mandy Killam, executive vice president, ACI Worldwide. Rather than a tactical quick-fix to meet the PSD2 mandate deadline, our new capabilities will help clients protect their existing business, grow revenues in the short term and place them in the pole position of the open banking payments ecosystem. We will give them the tools and ability to monetize their open API strategy quickly and effectively.
The API manager capabilities will be available throughout ACIs UP portfolio of on-premise and cloud-based solutions.
Universal Payments (UP) is at the core of ACIs strategy to provide the broadest, most integrated suite of electronic payments solutions in the market. UP is ACIs vision of enablingreal-time, any-to-any electronic paymentsfor financial institutions, intermediaries, merchants and billers. Its uniqueunderlying technology framework, the UP Framework, consists of flexible, open payment services that enable organizations to innovate quickly, reduce risk and gain choice, flexibility and control over their payment strategies.
About ACI Worldwide
ACI Worldwide, theUniversal Payments(UP) company, powerselectronic paymentsfor more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands ofglobal merchants,rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize ourelectronic bill presentment and paymentservices. Through our comprehensive suite of software solutions delivered on customers premises or through ACIs private cloud, we provide real-time,immediate paymentscapabilities and enable the industrys most completeomni-channel paymentsexperience. To learn more about ACI, please visitwww.aciworldwide.com. You can also find us on Twitter@ACI_Worldwide.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0fa848d0-2ff9-4275-ae47-ef8631e51ece
Andrea SnyderACI Worldwide 6466754451 andrea.snyder@aciworldwide.comKatrin BoettgerACI Worldwide 7776147910 katrin.boettger@aciworldwide.com