Source: ACI Worldwide
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that one of Scandinavia’s foremost IT services and software providers, EVRY, is utilizing ACI’s UP Retail Payments and UP Payments Risk Management solutions to better serve merchants and banks throughout the Nordics and European market.
EVRY, a long-time ACI customer, provides IT services and solutions for the banking and finance sector as well as to merchants in the Nordic region, where many countries are moving toward a cashless society. With ACI’s UP Retail Payments solution, EVRY will strengthen its card and mobile payments capabilities, bridging the features and functionalities of its current IT system with next-generation payment technologies. In addition, the power behind UP Retail Payments - the UP Framework - will enable EVRY and its customers to drive revenue by rapidly delivering innovative products and services that meet growing market and customer demand.
As part of ACI’s UP Retail Payments solution, EVRY will also ¬¬leverage ACI Interchange, which supports incoming and outgoing clearing and settlement processes for card transactions, including transactions initiated by mobile phone, EMV and magnetic stripe payment cards, for the major international payment schemes.
“A scalable, reliable and secure payments infrastructure is critical in supporting the rapidly changing expectations of consumers in the market, says Christer Jonsson, SVP Card Services in EVRY. “With ACI, we will continue to provide banks and merchants access to fast and simple payment options as well as the ability to leverage rich data and analytics, all without compromising security. With ACI’s UP solutions, we can deliver faster and more efficient payment experiences for our clients.”
“Leading financial institutions have relied on ACI for more than 40 years, and by utilizing ACI’s world-class payments solutions, EVRY will be well positioned to offer new capabilities as payments evolve based on customer needs,” said Ruth Fornell, executive vice president, ACI Worldwide. “As modern digital innovations are being introduced, ACI is at the center of facilitating the transition to open, real-time, digital payments processing.”