ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced its designation as a Leader in the IDC MarketScape: Worldwide Integrated Bank Payment Systems 2024 Vendor Assessment (doc # US50426423, September 2024). The assessment evaluated 12 vendors using multiple strategic and capability criteria, grouping results across four categories: Leaders, Major Players, Contenders, and Participants.
The report noted, “ACI has a deep background in payments and an extensive customer base across the globe. The Enterprise Payments Platform has notably broad support for payment schemes, including every global real-time payment network, as well as APIs for cross-border payments. ACI has invested heavily in AI and ML, which is extensively leveraged for fraud prevention and routing optimization.”
According to the report, “ACI's Enterprise Payments Platform offers financial institutions a robust, flexible platform for modernizing their payment infrastructure. The company is continuing to update the platform for additional functionality and keep pace with the rapidly changing global payments environment. The Enterprise Payments Platform will be especially attractive to institutions looking to operate in complex, global environments with a broad range of payment types.”
“We believe being recognized as a Leader by the IDC MarketScape underscores ACI Worldwide’s unwavering commitment to innovation and excellence in payments,” said Scotty Perkins, global head of product management, ACI Worldwide. “We are proud to be a longtime trusted partner to the largest financial institutions around the world, and our mission is to help them to stay at the forefront of the expanding payments ecosystem. We’re doing this by providing rich and highly resilient payment orchestration services built on a modern platform to supports future growth and innovation.”
“ACI’s Enterprise Payments Platform solution offers support for a notably broad set of global, domestic, real-time, and cross-border payment schemes, as well as for card-based payments,” said Aaron Press, IDC research director, worldwide payment strategies, and author of the assessment. “A key attribute of the ACI solution is the ability to address not just payments, but also fraud, complex routing, and other business challenges by combining data with advanced AI and ML tools. ACI has earned its reputation for delivering innovative solutions that solve complex problems for large, global enterprise providers.”
About ACI Worldwide
ACI Worldwide, an original innovator in global payments technology, delivers transformative software solutions that power intelligent payments orchestration in real time so banks, billers, and merchants can drive growth, while continuously modernizing their payment infrastructures, simply and securely. With nearly 50 years of trusted payments expertise, we combine our global footprint with a local presence to offer enhanced payment experiences to stay ahead of constantly changing payment challenges and opportunities.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
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