20 October 2017
visit www.response.ncr.com

ACI and Compaq combine for electronic payments

12 December 2001  |  3088 views  |  0 ACI and Compaq combine for electronic payments

ACI Worldwide and Compaq Computer Corporation have entered an agreement to jointly deploy e-payment solutions for the financial services market.

Under the agreement, Compaq's Zero Latency Enterprise (ZLE) technology will be combined with ACI's Commerce Framework to provide financial institutions with a more customer-centric payment infrastructure. It follows a recent agreement between the vendors to work together on the marketing and deployment of an integrated, entry-level solution for the emerging mobile payment market.

Through this latest collaboration, banks will be able to electronically deliver statements, bills and alerts that give consumers up-to-date relationship snapshots, say the companies, plus solicit the purchase of new or different products that expand consumer relationships with their bank. This can be done at ATMs, Internet sites of mobile phones.

Compaq and ACI say that through the provision of a holistic view of the customer, banks will be better placed to consider credit-based accounts, mortgages and investment accounts when authorising debit transactions. Similarly, banks will more easily be able to detect when a fraudulent transaction has occurred or a significant change to an account balance is recognised.

Commenting on the combined products, Jeff Hale, senior vice president of strategic business development at ACI, says: "The resulting technology and solutions will allow banks to dramatically improve the way they interact with their customers in a multitude of delivery channels, both wired and wireless."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Compaq wins multi-million dollar American Express contract

Compaq wins multi-million dollar American Express contract

30 November 2001  |  3003 views  |  0 comments
CertaPay contracts with ACI for P2P payments security

CertaPay contracts with ACI for P2P payments security

28 November 2001  |  3516 views  |  0 comments
ACI Wallet applies Visa verification standard

ACI Wallet applies Visa verification standard

15 November 2001  |  3353 views  |  0 comments
Compaq and Microsoft promote m-banking roadmap

Compaq and Microsoft promote m-banking roadmap

24 October 2001  |  5952 views  |  0 comments

Related company news

 

Related company information

ACI Worldwide

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.innotribe.com

Who is commenting?

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15921 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
9019 views comments | 16 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8162 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7196 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6337 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job