GlobeNewswire
2012-06-25
Transforms Payments Processing Platform and Enables
Innovation With BASE24-eps on IBM Power 770 Systems
NEW YORK, June 25, 2012 (GLOBE NEWSWIRE) -- ACI Worldwide, Inc.
(Nasdaq:ACIW), a leading international provider of payment systems,
announced today it is working with Credit Agricole Cards and Payments
to update the company's payments infrastructure and deliver world-class
scalability, reliability and agility to one of the biggest banks in
Europe, that manages one of the world's largest ATM networks. Credit
Agricole Cards and Payments has built its payment infrastructure using
BASE24-eps(R), ACI's flagship payment engine.
Credit Agricole Cards and Payments is the processor for the payments
business of Credit Agricole, and has been a customer of ACI Worldwide
since 2009. As the foundation for its ongoing project to upgrade and
improve its payment processing infrastructure and enable innovation,
Credit Agricole Cards and Payments has implemented BASE24-eps running
on IBM Power 770 systems. This project enables the bank to begin
supporting customers internationally.
"We are committed to investing in the best technology to enable us to
deliver the best possible service to our customers," said Bernard Noel,
CEO of Credit Agricole Cards and Payments. "ACI is a global leader in
payments and was the clear choice of partner for Credit Agricole Cards
and Payments. When we selected BASE24-eps we knew we were getting a
solution that could grow with us in the future, both in France and
internationally, and give us a strong foundation on which to build our
business. Our best-of-breed solution will not only help us support
Credit Agricole, but also many other clients outside of the group and
throughout Europe."
The first step of this overhaul program was the creation of a new
vendor-independent ATM acquiring solution to support Credit Agricole's
network of 22,000 ATMs. The latest element of the project involved the
creation of an international switch, enabling Credit Agricole Cards and
Payments to route its clients' payments directly to MasterCard, without
going through the national switch in France.
Credit Agricole is MasterCard's largest customer in France, and this
enhancement will deliver significant cost savings. Credit Agricole
Cards and Payments has also started working with ACI to use BASE24-eps
for transaction authorization for the 30 million cards issued by the
various Credit Agricole institutions.
"ACI's solutions enable financial institutions to perform efficiently
and effectively so they can maximize the benefit to their customers,"
said Ralph Dangelmaier, president of global markets and services at ACI
Worldwide. "By helping them to deliver cutting edge technologies which
result in greater efficiencies we are helping them assume a stronger
position in today's global economy. We look forward to developing our
relationship with Credit Agricole and contributing to their future
success."
As part of the ongoing project, Credit Agricole Cards and Payments has
selected ACI Payment Service Management(TM) powered by Prognosis(R) to
work alongside BASE24-eps. The Prognosis solution from Integrated
Research provides deep insight and complete visibility across
BASE24-eps implementations, and provides financial key performance
indicators and analysis - allowing stakeholders to make timely,
informed business decisions in rapidly changing financial conditions.
"Credit Agricole Cards and Payments is a great example of an
organization planning to grow internationally and putting the strongest
possible footprint in place to support that growth," said James Wallis,
Vice President, Global Payments Industry, Finance Sector at IBM. "The
team is forward thinking and innovative, and Credit Agricole Cards and
Payments joins many other ACI customers in choosing IBM Power systems
to run BASE24-eps. The ongoing alliance between ACI and IBM is
continuing to show real benefits for our joint customers."
For more information about BASE24-eps please visit:
http://www.aciworldwide.com/en/Products-and-services/Retail-payments/Pa
yments-processing/BASE24-eps.aspx
For more information about ACI Payment Service Management powered by
Prognosis please see http://www.aciworldwide.com/prognosis.
About Credit Agricole Cards & Payments
Credit Agricole Cards & Payments is the French market leader for card
and payment with 7.2 million cards produced on average each year,
operating mainly in electronic payments, payments processing and
payment instrument security. Each year, Credit Agricole Cards &
Payments processes approximately 8 billion transactions, representing
EURO200bn per day in terms of issued and received volume. More
information is available on www.credit-agricole.com.
About ACI Worldwide
ACI Worldwide powers electronic payments and banking for more than
1,650 financial institutions, retailers and processors around the
world.ACI software enables $12 trillion in payments each day,
processing transactions for 14 of the leading global retailers, and 24
of the world's 25 largest banks.Through our integrated suite of
software products and hosted services, we deliver a broad range of
solutions for payments processing, card and merchant management, online
banking, mobile, branch and voice banking, fraud detection, and trade
finance.To learn more about ACI and the reasons why our solutions are
trusted globally, please visit www.aciworldwide.com. You can also find
us on www.paymentsinsights.com or on Twitter @ACI_Worldwide.
(C) Copyright ACI Worldwide, Inc. 2012.
ACI, ACI Payment Systems, the ACI logo and all ACI product names are
trademarks or registered trademarks of ACI Worldwide, Inc., or one of
its subsidiaries, in the United States, other countries or both. Other
parties' trademarks referenced are the property of their respective
owners.
Product roadmaps are for informational purposes only and may not be
incorporated into a contract or agreement. The development release and
timing of future product releases remains at ACI's sole discretion. ACI
is providing the following information in accordance with ACI's
standard product communication policies. Any resulting features,
functionality, and enhancements or timing of release of such features,
functionality, and enhancements are at the sole discretion of ACI and
may be modified without notice. All product roadmap or other similar
information does not represent a commitment to deliver any material,
code, or functionality, and should not be relied upon in making a
purchasing decision.
CONTACT: Media Contact (ACI):
Rick Sheehy
Public Relations Manager
P: 781-370-3643
E-mail:Richard.Sheehy@aciworldwide.com
Media Contact (Credit Agricole Cards & Payments)
Oliver Biton
Tel: + 33 1 57 72 35 93
+33.6.79.61.90.52
E-mail: olivier.biton@ca-cedicam.fr