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Nearly Six in Ten Payment Executives Unprepared for Growing Competition in Payments, According to New ACI Worldwide and Ovum ResearchIn increasingly competitive markets, the payment experience has emerged as a critical factor to grow market share. Yet a new Global Payments Insight Study of consumer finance, higher education, insurance and other billing organization executives-conducted by ACI Worldwide (NASDAQ: ACIW) and leading market research and advisory firm Ovum (News - Alert)-found that most organizations lack the payments innovation necessary to win consumers.
Principle findings of this study include:
Seismic shift from cash to electronic payments
Increasing investment in payment services as competition increases
ACI and Ovum will be hosting a webinar Thursday, une 9, at 2:00pm ET on the findings. Attendees will learn about the new payment options organizations are planning to win market share. To register and receive a copy of the report, please click here or visit http://www.aciworldwide.com/billpayinsights. Survey Methodology: The five-part Global Payments Insight study, conducted by ACI Worldwide and Ovum, asked more than 1,600 executives representing leading banks, retailers and billing organizations across the Americas, Asia-Pacific and EMEA about their experiences, perceptions and expectations of payments and how payments are shaping their behaviors today.
About ACI Worldwide (News - Alert)
© Copyright ACI Worldwide, Inc. 2016. Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI's sole discretion. ACI is providing the following information in accordance with ACI's standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.
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