ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that its global payment processing solution, ACI Money Transfer System, was awarded the 2016 Swift Certified Application for Payments label for the nineteenth consecutive year.
SWIFT’s financial services industry certification acknowledges that Money Transfer System effectively manages SWIFT messages in order to achieve certification.
“ACI is a proven partner, with consistent compliance to SWIFT’s guidelines to support an effective transaction banking marketplace,” said Filip Versluys, head of Business Architecture and Partner Programs at the SWIFT Institute. “We are pleased to recognize ACI’s accreditation and commitment to SWIFT’s standards for the 19th consecutive year.”
“ACI is committed to offering world class solutions to our banking customers,” said Jennifer Holton, vice president, UP Transaction Banking Product Management, ACI Worldwide. “Money Transfer System provides a reliable, flexible transaction banking solution—and we are thrilled to be recognized each year by the SWIFT community.”
Money Transfer System is an extensible payments and SWIFT messaging solution that provides global processing capabilities. With interfaces directly to SWIFTNet services, as well as multiple real-time gross settlement (RTGS), low value and real-time networks across the globe, the system is a single, integrated solution for domestic and international processing, including the SEPA Credit Transfer and Direct Debit schemes.
Money Transfer System is part of ACI's UP Transaction Banking solution. ACI's Universal Payments (UP) portfolio of solutions orchestrates all aspects of payments processing for any payment type, any channel, any currency and any network. ACI will feature UP Transaction Banking and UP for Immediate Payments demonstrations at the SWIFT Sibos Conference, September 26-29, in Geneva (booth F-59).