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ACI Worldwide, Inc. - ACIW STOCK NEWS

Welcome to our dedicated page for ACI Worldwide news (Ticker: ACIW), a resource for investors and traders seeking the latest updates and insights on ACI Worldwide stock.

ACI Worldwide, Inc. (NASDAQ: ACIW) is a leading provider of mission-critical, real-time payments software solutions. The company offers a comprehensive suite of software and SaaS-based solutions that facilitate electronic payments and enable the industry's most complete omni-channel payments experience. ACI Worldwide powers electronic payments for more than 5,100 organizations globally, including over 1,000 of the largest financial institutions and intermediaries, as well as thousands of leading merchants. The company's software products process transactions for retail banking clients, utilities, healthcare providers, and community banks, facilitating $14 trillion in payments daily.

ACI Worldwide's latest projects include key partnerships and technological advancements, such as the collaboration with RYVYL EU to leverage the ACI Payments Orchestration Platform for improved transaction conversion rates and enhanced customer experiences. Additionally, the extension of its longstanding partnership with Kuvasz Solutions aims to advance the adoption of Colombia's real-time payments ecosystem, signifying ACI's commitment to driving digital payments transformation in Latin America.

Financially robust, ACI Worldwide reported significant growth in Q4 2023, with a total revenue increase of 5% YoY to $477 million, recurring revenue up by 7%, and a net income growth of 36% to $123 million. The company also repurchased 1 million shares for $28 million and expects continued revenue growth of 7-9% in 2024. These figures underscore ACI Worldwide's strong market position and strategic focus on expanding its payment technologies and global footprint.

In addition to its financial achievements, ACI Worldwide continuously enhances its product offerings. Recent advancements include the integration of cutting-edge data-centric security solutions through its partnership with Comforte AG to help clients meet the new PCI DSS v4.0 standards. This commitment to innovation and security ensures that ACI Worldwide remains at the forefront of the evolving payments industry, providing secure, scalable solutions that meet the needs of its diverse customer base.

For more information, visit ACI Worldwide or follow them on Twitter @ACI_Worldwide.

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ACI Worldwide reported Q1 2022 financial results with revenue of $323 million, a 13% increase from Q1 2021. Adjusted EBITDA rose 50% to $68 million, and net income reached $16 million, improving from a net loss of $2 million in the previous year. New Annual Recurring Revenue (ARR) bookings surged 117% to $21 million. ACI reaffirmed its 2022 guidance with expected revenue growth of $1.415 billion to $1.435 billion and adjusted EBITDA between $400 million and $415 million.

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ACI Worldwide (NASDAQ: ACIW) has announced its significant involvement in the FedNow Pilot Program, enhancing the upcoming U.S. real-time payments system set for launch in 2023. Since 2021, ACI has played a pivotal role, contributing to essential testing and design phases. A recent report indicates that real-time payments constituted 0.9% of U.S. total payments volume in 2021, expected to increase significantly with FedNow's introduction, potentially reaching 25.6% of global electronic payments by 2026. ACI aims to support customers in their transition to this new system.

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Prolific Banking, Inc. has partnered with ACI Worldwide (NASDAQ: ACIW) to integrate Prolific's On-Ramp solution into ACI's Universal Online Banker. This collaboration aims to enhance automated enrollment for commercial banking clients, leveraging ACI APIs for seamless service integration. Jim Gillespie, VP at ACI, emphasized the value added for banks through this partnership. Prolific's president, Scott Graf, highlighted a commitment to open solutions and integration. The Prolific Open Digital platform focuses on digital transformation in banking, improving client experiences and revenue generation.

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ACI Worldwide (NASDAQ: ACIW) is set to participate in the Smarter Faster Payments 2022 conference from May 1-4 in Nashville, TN. Experts from ACI will discuss key topics, including fraud prevention and real-time payments. Notably, Marc Trepanier will address high-value fraud in real-time payments on May 2, while Craig Ramsey will leverage insights from 20 countries regarding FedNow. ACI aims to enhance digital banking capabilities and address the increasing cyber threats in the evolving payments landscape.

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The latest report from ACI Worldwide highlights substantial growth in real-time payment transactions, with a global increase from 118.3 billion in 2021 to a projected 427.7 billion by 2026, marking a YoY growth of 64.5%. Real-time payments are expected to contribute an additional GDP of US$173 billion by 2026. The report indicates that developed economies, particularly in Europe, are lagging behind emerging markets like India and Brazil, resulting in untapped economic opportunities. Enhancing real-time payment systems can unlock significant benefits across various sectors.

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ACI Worldwide has released its Prime Time for Real Time 2022 report, indicating that global real-time payment transactions grew by 64.5% year-over-year, reaching 118.3 billion in 2021 and projected to hit 427.7 billion by 2026. This growth will contribute an estimated US$173 billion to global GDP by the same year. The report emphasizes the importance of real-time payments in enhancing economic growth, financial inclusion, and efficiency in 'gig economies'. Key findings highlight the rapid expansion in emerging markets compared to developed nations.

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ACI Worldwide has released its report on the growth of real-time payments, highlighting that real-time payment transactions in India reached 48.6 billion in 2021. This surge is expected to contribute an additional US$45.9 billion to India's GDP by 2026. Globally, real-time transactions grew by 64.5% year-over-year, with projections to rise from 118.3 billion in 2021 to 427.7 billion by 2026. The findings underscore the significant role of modernization in enhancing economic efficiencies, particularly in developing countries.

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ACI Worldwide released its report on the state of real-time payments in the Asia-Pacific region, highlighting significant growth. In 2021, there were 118.3 billion real-time transactions worldwide, a 64.5% year-on-year increase, expected to reach 427.7 billion by 2026. The economic impact is notable, with additional GDP growth projected at US$173 billion by 2026. Nations like Thailand and Singapore see substantial cost savings and economic output generated through real-time payments, signaling a shift towards faster, more efficient transaction systems in the region.

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A recent report by ACI Worldwide highlights the slower adoption of real-time payments in Australia and New Zealand compared to regional competitors. In 2021, global real-time payment transactions reached 118.3 billion, with projections of 427.7 billion by 2026. The economic impact study indicates that real-time payments could contribute an additional US$173 billion to GDP by 2026. Australia, accounting for 5.5% of total payment transactions, realized $205 million in savings in 2021, while New Zealand is exploring options for its first real-time scheme.

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FAQ

What is the current stock price of ACI Worldwide (ACIW)?

The current stock price of ACI Worldwide (ACIW) is $52.11 as of December 23, 2024.

What is the market cap of ACI Worldwide (ACIW)?

The market cap of ACI Worldwide (ACIW) is approximately 5.4B.

What does ACI Worldwide do?

ACI Worldwide provides mission-critical, real-time payments software solutions, enabling over 5,100 organizations worldwide to process electronic payments securely and efficiently.

Who are ACI Worldwide's customers?

ACI Worldwide's customers include more than 1,000 of the largest financial institutions, intermediaries, and thousands of leading merchants globally.

What recent partnerships has ACI Worldwide announced?

ACI Worldwide recently announced partnerships with RYVYL EU to enhance transaction conversion rates and with Kuvasz Solutions to advance real-time payments adoption in Colombia.

How did ACI Worldwide perform financially in Q4 2023?

In Q4 2023, ACI Worldwide reported a revenue increase of 5% YoY to $477 million, with net income growing by 36% to $123 million and recurring revenue up by 7%.

What are ACI Worldwide's future growth expectations?

ACI Worldwide expects a 7-9% revenue growth in 2024, driven by new customer onboarding, interchange improvement efforts, and expanding its SaaS businesses.

How does ACI Worldwide ensure payment security?

ACI Worldwide partners with Comforte AG to integrate data-centric security solutions, helping clients meet PCI DSS v4.0 standards and ensuring robust payment security.

What are some of ACI Worldwide's core products?

ACI Worldwide offers a range of products including real-time payments software, omni-commerce solutions, electronic bill presentment and payment services, and fraud management solutions.

What is ACI Worldwide's role in the real-time payments market?

ACI Worldwide is a global leader in real-time payments software, facilitating $14 trillion in payments daily and powering 26 domestic and pan-regional real-time schemes across six continents.

How does ACI Worldwide support digital transformation?

ACI Worldwide supports digital transformation by providing scalable and secure software solutions that enable the real-time digital transformation of payments and commerce for its clients.

Where can I find more information about ACI Worldwide?

For more information, visit ACI Worldwide's official website at www.aciworldwide.com or follow them on Twitter @ACI_Worldwide.

ACI Worldwide, Inc.

Nasdaq:ACIW

ACIW Rankings

ACIW Stock Data

5.42B
103.94M
0.88%
101.01%
2.34%
Software - Infrastructure
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