STOCK TITAN

ACI Worldwide Ranked in the Top 20 Largest Global Providers of Financial Technology by IDC FinTech Rankings

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

ACI Worldwide has been ranked 19th in the IDC Financial Insights 2021 FinTech Rankings, an important recognition based on global revenues from financial institutions. This acknowledgment showcases ACI's commitment to its clients in the financial sector. IDC projects global IT spending in finance to reach $590 billion by 2025. ACI continues to receive accolades for innovation, winning multiple awards recently for solutions in digital payments, fraud prevention, and real-time payments, reflecting its strong position in the fintech landscape.

Positive
  • Ranked 19th in the IDC Financial Insights 2021 FinTech Rankings.
  • Recognition for multiple innovative solutions, enhancing brand reputation.
  • Global IT spending in finance projected to reach $590 billion by 2025, indicating market growth.
Negative
  • None.

MIAMI--(BUSINESS WIRE)-- ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, today announced its ranking in the IDC Financial Insights 2021 FinTech Rankings. ACI is ranked 19 on this international list of financial technology companies that were judged according to their global revenues attributed to financial institutions.

Now in its 18th year, the IDC FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to be $590 billion (USD) by 2025.

“Being named in the top 20 of IDC FinTech Rankings is a significant accomplishment for ACI Worldwide, demonstrating its commitment to the success of its financial institution clients,” said Marc DeCastro, research director at IDC Financial Insights. “We congratulate ACI Worldwide for being ranked 19 in the 2021 IDC FinTech Rankings Top 100 list.”

This latest recognition follows ACI’s positions in other recent industry rankings.

  • Recognized by Retail Systems Awards 2021 for its innovative approach to using machine learning to detect and prevent fraud. In the category “Artificial Intelligence Project of the Year,” ACI was honored for how it enhances machine learning models with incremental learning.
  • Honored by global consultancy Frost & Sullivan with the Product Leadership Award for Real-Time Payments.

To view the FinTech report, please click here.

About ACI Worldwide

ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use our proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce.

© Copyright ACI Worldwide, Inc. 2021

ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution 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.

Dan Ring

dan.ring@aciworldwide.com



Nidhi Alberti

Nidhi.alberti@aciworldwide.com

Source: ACI Worldwide

FAQ

What does the IDC Financial Insights 2021 FinTech Rankings indicate for ACI Worldwide?

The IDC Financial Insights 2021 FinTech Rankings ranked ACI Worldwide 19th based on global revenues from financial institutions, showing its strong market presence.

How significant is ACI's ranking in the FinTech industry?

Being ranked 19th highlights ACI's commitment to its financial institution clients and positions it among the top fintech companies globally.

What are the projections for IT spending in the financial sector?

IDC forecasts global IT spending in finance to reach $590 billion by 2025, suggesting significant growth opportunities.

What recent awards has ACI Worldwide received?

ACI has received several awards for its innovative payment solutions and fraud prevention technologies, enhancing its industry reputation.

ACI Worldwide, Inc.

NASDAQ:ACIW

ACIW Rankings

ACIW Latest News

ACIW Stock Data

5.48B
103.94M
0.88%
101.01%
2.34%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
ELKHORN