With more than two decades of senior executive experience, van Rensburg, a mobile banking pioneer, founded Fundamo, a leading developer of mobile banking and payment solutions. Fundamo, which launched the first mobile banking solution in 1999 and processed billions of transactions annually in 34 countries for millions of account holders, was acquired by Visa in 2011. He continued at Visa as a senior vice president. Prior to Fundamo, van Rensburg served as CIO of the Sanlam Group, a major South African financial services company. He also previously served as a founding partner of Infomet, which was acquired by IBM in 1990.

“I have long admired ACI, a company with an extensive and impressive track record of payments success and innovation,” said van Rensburg. “ACI possesses a rich collection of solutions and experienced payment professionals, singularly focused on helping its clients and partners become more competitive and achieve greater success in this ever-evolving landscape. I am excited to join this talented team and further expand the company’s global Universal Payments footprint.”

“In the rapidly changing payments industry, there are countless opportunities to innovate and bring new products to market, and we’re excited to have Hannes lead this key business development area,” said Craig Saks, group president, ACI Worldwide. “Hannes is a banking and payments visionary as well as a true technologist; his many years of leadership experience will greatly benefit not only ACI, but also our customers and partners.”