[May 24, 2018] |
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ACI Worldwide Announces 2018 Innovation Award Winners, Recognizing Global Payments Innovation
ACI
Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic
payment and banking solutions, today announced the winners
of the 2018 ACI Innovation Awards. The awards recognize leading banks,
financial intermediaries, merchants and corporates around the world for
their innovative use of ACI's UP portfolio of leading payment solutions.
The awards celebrate global payments innovation; winners were selected
by a panel of judges composed of ACI experts and industry analysts from
Aite Group, Celent and Ovum.
This year's winners include:
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ABN AMRO-one of Europe's largest banks, ABN AMRO implemented
several innovative fraud detection and prevention solutions,
reducing fraud losses by implementing "Fraud as a Service" and
predicting upcoming fraudulent events using non-financial data. With
the combination of these innovations, ABN AMRO can predict possible
fraud activities before any fraud losses occur.
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DBS- As the largest bank in Southeast Asia, DBS has introduced
a revolutionary payment framework underpinned by ACI's UP Real Time
Payments. Since the new platform went live three months ago, it has
enabled industry firsts such as the successful launch of the Singapore
Fast and Secure Transfers (FAST (News - Alert)) payment gateway, as well as the
WeChat Pay gateway, which enables customers outside of China the
ability to bundle their DBS credit cards with the WeChat Pay service.
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Erste Bank Hungary (EBH)-one of the largest financial service
providers in Central and Eastern Europe, EBH is one of the first banks
in the region to fully meet PSD2 and instant payments compliance
requirements. It is also one of only a few banks to deploy a
future-proofed solution with the ability to deliver additional value,
rather than a short-term workaround to meet compliance.
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LoanCare-a leading United States provider of full-service
residential servicing to the mortgage industry, LoanCare's agents can
remain in an application they are already using while providing a new
feature for debit card acceptance with little effort, while remaining
PCI (News - Alert) compliant-an industry first, as debit cards are not integrated
into any other system of record for mortgage servicing.
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Santander Bank-a United States-based wholly-owned subsidiary of
Santander Group, Santander introduced a new, multi-layer, secure
access platform with its launch of commercial online banking system,
Santander Treasury Link. This innovation delivers a single integrated
gateway and central provisioning platform, improving the client
experience for both clients and the bank's client onboarding and
servicing teams, by enabling the ability to manage acess to products
and services with greater ease and control. With Santander Link, the
branded single sign on digital access platform, the bank plans to add
access to more of its cash management solutions in the future.
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Suncorp (News - Alert) Group-one of Australia's largest banks. Suncorp is well
down the journey of true enterprise-wide, real-time payments risk
management with Debit Card, ATM, POS, Branch banking transactions and,
most recently, Digital Wallet in one solution with remaining Digital
banking channel migration also well under way. The initiative has
directly addressed the business challenge of achieving a
cross-channel, 360-degree view of activity while minimizing friction
to genuine customers. This has resulted in being able to provide a
more complete picture of the customer, which has not only
significantly increased the accuracy of fraud detection, but has also
enabled fraud analysts to make quick decisions when an account is
alerted as they have all the information needed on the one screen.
"As business and consumer preferences evolve and their expectations
increase, today's organizations must innovate or risk attrition. The
winners of this year's ACI Innovation Awards are on the cutting edge of
payments and epitomize the best in the industry," said Craig Saks, chief
operating officer, ACI Worldwide (News - Alert). "We are honored to partner with
thousands of customers and with the many thousands of talented and
forward-thinking individuals representing these organizations."
For additional information on the Innovation Awards program and winners,
please visit: www.aciworldwide.com/awards.
About ACI Worldwide ACI Worldwide, the Universal
Payments (UP) company, powers electronic
payments for more than 5,100 organizations around the world. More
than 1,000 of the largest financial institutions and intermediaries, as
well as thousands of global merchants, rely on ACI to execute $14
trillion each day in payments and securities. In addition, myriad
organizations utilize our electronic
bill presentment and payment services. Through our comprehensive
suite of software solutions delivered on customers' premises or through
ACI's private
cloud, we provide real-time, immediate
payments capabilities and enable the industry's most complete omni-channel
payments experience. To learn more about ACI, please visit www.aciworldwide.com.
You can also find us on Twitter (News - Alert) @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2018. ACI, ACI Worldwide, ACI
Payment Systems, the ACI logo and all ACI product names are trademarks
or registered trademarks of ACI Worldwide, Inc., or one of its
subsidiaries, in the United States, other countries or both. Other
parties' trademarks referenced are the property of their respective
owners.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180524005026/en/
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