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ACI Worldwide(ACIW) - 2024 Q1 - Quarterly Results
2024-04-30 13:22
Exhibit 99.1 ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2024 Q1 2024 HIGHLIGHTS • Revenue up 9% versus Q1 2023 • Net income (loss) improved $24 million over Q1 2023 to a loss of $8 million • Adjusted EBITDA up 93% versus Q1 2023 • Cash flow from operating activities up 208% versus Q1 2023 • Repurchased 2 million shares for $63 million • Raising guidance range for full-year 2024 Omaha, NE — April 30, 2024 — ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, ...
ACI Worldwide (ACIW), AFS Team Up to Modernize Digital Payments
Zacks Investment Research· 2024-04-02 16:36
ACI Worldwide (ACIW) partnered with Arab Financial Services (“AFS”) to modernize digital payments for the banking domain across the Middle East and Africa.Through this partnership, ACIW will upgrade AFS’ processes by implementing the ACI Enterprise Payments Platform. The platform will enable AFS to process every type of payment across a variety of currencies and in multiple institutions across the region. AFS currently operates in more than 20 countries and is owned by 37 banks.Moreover, the modernization w ...
Instant Payments To Significantly Boost Finances of Young Adults in Europe
Businesswire· 2024-03-17 23:01
OMAHA, Neb. & LONDON--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, instant payments technology, today revealed striking new data proving instant paymentsii will boost the financial prospects of young adults in the EU. New research from the Centre for Economics and Business Research (Cebr) commissioned by ACI Worldwide shows that for every 5% increase in the volume of instant payments, the number of 15 to 24-year-olds globally who saved money in the last year increas ...
ACI Worldwide (ACIW), comforte AG Team Up to Modernize Payments
Zacks Investment Research· 2024-03-12 17:06
ACI Worldwide (ACIW) recently partnered with comforte AG to use the latter’s data-based security solutions and help customers meet the Payment Cards Industry Data Security Standards (PCI DSS) v4.0 standard.PCI DSS is the technical and operational benchmark set for payment processing companies throughout the globe. The new partnership will help ACI Worldwide adhere to PCI DSS v4.0 standard to provide improved payment experiences, adopt emerging technologies and counter cyber threats.The PCI DSS v4.0 standard ...
ACI Worldwide and comforte AG Pave the Way for Payment Modernization with PCI DSS v4.0 Compliance
Businesswire· 2024-03-11 13:00
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and comforte AG, a leading provider of data-centric security solutions, today announced a partnership to help customers meet the new Payment Cards Industry Data Security Standards (PCI DSS) v4.0 standard. Under this partnership, ACI will use comforte’s data-centric security solutions, which ACI has rigorously tested to be compatible with ACI’s solutions. PCI DSS is a global standa ...
Altus Group Nominates Thomas Warsop to its Board of Directors
Newsfilter· 2024-03-07 21:01
TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- Altus Group Limited (ʺAltus Group" or the "Company") (TSX:AIF), a leading provider of asset and fund intelligence for commercial real estate ("CRE"), announced today the nomination of Thomas Warsop (President and CEO of ACI Worldwide Inc.) to stand for election to its Board of Directors (the "Board") at its upcoming annual general meeting of shareholders scheduled for May 1, 2024. "Tom Warsop is a seasoned technology executive with a proven track record of driving ...
Kiwibank Goes Live with ACI Worldwide's Enterprise Payments Platform
Businesswire· 2024-03-07 01:00
OMAHA, Neb. & SINGAPORE--(BUSINESS WIRE)--Kiwibank has successfully gone live with ACI Worldwide’s Enterprise Payments Platform, a managed cloud solution that will process all of Kiwibank’s account-to-account real-time payments. “Aligned with our vision for transformation and to build a new, modern, flexible tech stack, the ACI Enterprise Payments Platform is vital for future-proofing our payments system. By moving everything to ACI’s platform, we’ve replaced over 50% of the tech underpinning our banking ...
ACI Worldwide, Inc. Reports Financial Results for the Quarter and Full Year Ended December 31, 2023
Businesswire· 2024-02-29 11:01
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, announced financial results today for the quarter and full year ended December 31, 2023. "2023 was another year of progress for ACI, with steady revenue growth and improving margins,” said Thomas Warsop, president and CEO of ACI Worldwide. “In the Bank segment, we saw particular strength in our real-time payments and anti-fraud product lines, and our Bank recurring revenue continu ...
ACI Worldwide(ACIW) - 2023 Q4 - Annual Results
2024-02-28 16:00
Exhibit 99.1 ACI Worldwide, Inc. Reports Financial Results for the Quarter and Full Year Ended December 31, 2023 Q4 2023 HIGHLIGHTS • Total revenue of $477 million grew 5%1 • Total recurring revenue grew 7%1 • Net income of $123 million grew 36% • Total EBITDA of $210 million grew 8% • Cash flow from operating activities of $86 million grew 107% • Repurchased 1 million shares for $28 million • Expect 7-9% revenue growth in 2024 Omaha, NE — February 29, 2024 — ACI Worldwide (NASDAQ: ACIW), a global leader in ...
ACI Worldwide(ACIW) - 2023 Q4 - Annual Report
2024-02-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-K _________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 0-25346 _________________________________ ACI WORLDWIDE, INC. (Exact name of reg ...