ACI Worldwide (NasdaqGS:ACIW), a leading international provider of software for electronic payment systems, today announced that Sumitomo Mitsui Banking Corporation (SMBC) has selected ACI Enterprise Banker with advanced ACH capabilities to enable its business banking customers to manage all of their business banking transactions online.
ACI Enterprise Banker provides the competitive edge SMBC needs to grow its U.S. deposits and fee income customer base. ACI enables the bank to strategically target its customers that require ACH services.
"Businesses embrace online banking because it's the fastest, safest, most cost effective way to control the flow of funds in and out of an institution," said Mr. Takayoshi Koizumi, Senior Vice President/Head of Global Transaction Banking for SMBC, New York. "With ACI Enterprise Banker, SMBC can now help customers seamlessly manage cash flows and ACH payments."
Businesses are rapidly adopting advanced ACH payments online. With Enterprise Banker, SMBC can set its online banking services apart by offering single sign-on login, giving corporate banking customers a single point of access to all electronic banking services.
"As SMBC continues to grow its U.S. customer base, Enterprise Banker will enable the bank to meet the growing demand for online banking services in the business banking sector," said Ralph Dangelmaier, president of the Americas at ACI Worldwide. "Additionally, as commercial banking customers adopt new online banking technologies, SMBC can leverage Enterprise Banker to meet its customers' evolving requirements."