SunTrust renews ACI Base24 contract

Source: ACI Worldwide

ACI Worldwide (Nasdaq:TSAI), a leading international provider of enterprise e-payment solutions, today announced that SunTrust Banks, Inc. has renewed its commitment to ACI's BASE24 transaction processing software.

One of the largest commercial banking institutions in the U.S. with assets over $169 billion (U.S.), SunTrust will continue to benefit from reduced transaction costs and the scalability necessary to meet the increasing transaction volumes of its POS and ATM networks over the next five years.

"We rely on ACI software to help reinforce our position as a bank that provides the best personal solutions for our customers," said Will Kaser, senior vice president of delivery systems at SunTrust. "ACI has always provided the right combination of functionality, performance and value to meet the growing needs of our ATM and POS channels. We are pleased to renew this strategic partnership with ACI."

SunTrust will continue to leverage ACI's BASE24-atm and BASE24-pos software to route and authorize consumer payment transactions from over 2,800 ATMs. These solutions represent ACI's greatest strength in real-time payment processing.

"We are pleased to extend our relationship with one of our most valued customers," said Tom Houghton, vice president of U.S. banking operations at ACI Worldwide. "SunTrust clearly has expressed its desire to invest in "best-of-breed" technology to serve its customers with the highest quality of personal banking solutions."

BASE24 software continues to deliver a world-class routing, switching and authorization solution for online transaction processing. It serves as the foundation of ACI's Commerce Framework which represents the company's vision to combine best-of-breed products to manage transactions across the breadth of the payment value chain.

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