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ACI Worldwide Partners With Kuvasz Solutions To Advance Real-Time Payments Adoption in Colombia
ACI WorldwideACI Worldwide(US:ACIW) Businesswireยท2024-02-28 12:00

Core Insights - ACI Worldwide has extended its partnership with Kuvasz Solutions to enhance the adoption of Colombia's new domestic real-time payments ecosystem, which was announced in December 2023 [1][2][3] - The partnership aims to provide swift and secure implementation of ACI's payment solutions, leveraging Kuvasz's expertise in the Latin American market [2][3] - ACI Worldwide currently supports 26 real-time payment schemes globally, reaching approximately 1.8 billion people through various financial institutions and payment networks [3][4] Company Overview - ACI Worldwide is recognized as a global leader in mission-critical, real-time payments software, offering scalable solutions for digital payments, omni-commerce, bill payments, and fraud management [4] - The company has a significant presence in the real-time payments sector, powering 10 central infrastructures across six continents [3][4] Market Impact - The partnership is expected to facilitate the rapid adoption of real-time payment solutions among banks, fintechs, and merchants in Colombia, promoting economic growth and financial inclusion [3] - ACI's collaboration with Kuvasz Solutions is positioned as a model for future implementations in the Latin American region, potentially establishing Colombia as a leader in real-time payments [3]