ACI Worldwide, Inc. Announces T-Systems Hungary and Takarékinfo Partner to Ready Hungarian Banks for Real-Time Payments
January 28, 2019 at 02:00 am
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ACI Worldwide, Inc. announced that T-Systems and Hungarian processor Takarékinfo will utilize the company’s UP portfolio of solutions to enable 17 Hungarian banks to offer real-time payments services as part of their digital transformation projects. The company's UP Immediate Payments solution will enable 17 Hungarian banks to connect to the country’s domestic real-time payments scheme, set to launch in June 2019. UP Immediate Payments offers a complete range of capabilities for processing real-time payments, including origination, processing, clearing and settlement, fraud detection and connectivity, all on a single platform. By utilizing the company’s UP Immediate Payments solution all banks will be able to provide real-time balance data 24/7 to all customers across all banking channels. The ability to provide such balances is a crucial compliance requirement of the Hungarian real-time payments scheme. The ACI solution allows banks to run their card, non-card, digital, real-time, and any-to-any payments at scale, and thereby accelerate their payments innovation strategy.
ACI Worldwide, Inc. develops, markets, installs, and supports a line of software products and solutions primarily focused on facilitating real-time digital payments. The Companyâs segments include Banks, Merchants, and Billers. It provides payment solutions to large and mid-size banks globally for retail banking, real time, digital, and other payment services. It support merchants globally, including Tier 1 and Tier 2 merchants, online-only merchants and payment service providers, independent selling organizations, value-added resellers, and acquirers who service them. Within the Billers segment, the Company provides electronic bill presentment and payment (EBPP) services to companies operating in the consumer finance, insurance, healthcare, higher education, utility, government, and mortgage categories. Its solutions include ACI acquiring, ACI issuing, ACI enterprise payments platform, ACI low value real-time payments, ACI high value real-time payments, and others.
ACI WORLDWIDE, INC. 
