First Data and ACI Worldwide broaden relationship
ACI Worldwide, Inc. (Nasdaq:ACIW), a leading international provider of electronic payments software and solutions, today announced that it has entered into a new, multi-year global enterprise relationship with First Data Corporation, a global leader in electronic commerce and payment processing. First Data will combine ACI solutions with its offerings to provide its customers with payment and transaction processing services.
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First Data uses ACI's payment solutions, including BASE24-eps(R), BASE24(R) and ACI Proactive Risk Manager(TM), to offer a wide range of payment processing and fraud management solutions around the world. ACI helps ensure that First Data can offer the most innovative and flexible services, with market-leading performance and service levels. This new agreement allows First Data to cost-effectively develop new products and drive infrastructural efficiencies, creating even more competitive services.
"We are committed to offering the best payment processing services in the world and partners like ACI help make it happen," stated Kevin Kern, Executive Vice President and Chief Technology Officer for First Data. "We're excited about this new relationship, and expect to work closely with ACI to drive innovation and efficiencies across our global infrastructure."
Ralph Dangelmaier, president of global markets and services at ACI Worldwide said, "We're pleased that First Data has demonstrated its commitment to our relationship with this new global agreement. We've been strong partners in the past, and we now have a platform for an even stronger partnership in the future. It's important to us that First Data derives as much value as possible from our solutions and services and we look forward to working together to achieve this goal."