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It's been a week of announcements and new initiatives from ACI Worldwide. Here's a round-up of what the Florida-based payments systems innovator has been up to in just the past seven days.

Issue Multiple Cards of Different Types in Less Time

Last Wednesday, ACI announced the latest version of ACI Issuer. The solution provides a single platform for credit, debit, pre-paid, and contactless card management.

The latest version includes flexible, rule-based product definition, and promises an easy integration with online channels. ACI Issuer 4.4 is multi-language, multi-institution, and multi-currency.

All Things to All Channels, All Currencies, All Networks

The goal of ACI Universal Payments Platform is to make it easier for financial institutions to adapt to changes in the industry. This includes everything from new regulatory developments to the challenge of mobile commerce.

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Universal Payments Platform integrates all aspects of payment processing, regardless of type, currency, channel or network. It is geared toward helping organizations bring new products to market, achieve a better view of their customer and business data, and respond to changing regulations and compliance needs.

Online Banking Goes Mobile

Bringing personal finance management, integrated bill payment, and account-to-account transfers to iOS and Android smartphones are the main attractions of ACI's Architect Mobile Banking feature. The launch of the solution helps the company bridge the distance between online banking and the potential for growth in banking via mobile devices. 

ACI partners with more than 1,700 financial institutions and payment processors globally. Driving $13 trillion in payments daily, the company processes payments for more than 250 of the world's leading retail businesses, and 18 of the biggest banks. 

ACI Worldwide has been a Finovate alum since 2011, when they participated in FinovateFall. See them demo their Mobile Enterprise Banker product, in collaboration with MShift, here.

  • Finovate-F-Logo.jpgAdobe and SapientNitro form partnership. Come see Adobe's new tech at FinovateSpring.
  • Forbes lists Zopa as 1 of 10 top P2P lending platforms in Europe. 
  • MicroStrategy unveils upgrade to company's enterprise analytics platform. See them demo at FinovateSpring in May.
  • Bank Systems & Technology takes a look at ACI Worldwide's new Universal Payments Platform.
  • CommunityLend's FinanceIt named 1 of Branham300's Top 25 Up-and-Coming companies.
  • Is TransferWise a "simplified PayPal for business banking"?
  • ACI Worldwide to offer Mobile Bill Pay Suite.
  • Bank Investment Consultant features social media resource Finect. Come meet Finect at FinovateSpring in San Francisco in May.
  • Newser takes a look at Green Dot's new online bank: GoBank. See a demo of GoBank at FinovateSpring.
  • Motherhood Moment interviews TipRanks CEO and co-founder Uri Gruenbaun. See TipRanks in action at FinovateSpring.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- April 23, 2013

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  • Executive Magazine profiles TransferWise and talks Middle East expansion.
  • Reference Data Review takes a look at Fenergo's efforts to make compliance easier and more efficient.
  • ACI Worldwide announces Universal Payments Platform.
  • TransferWise wins Estonia's "Best E-Service" contest.
  • Joe Brancucci, CEO of GTE Financial joins Mortgage Harmony Advisory Board.
  • Keith Kelly, Mortgage Harmony CEO, awarded a Tech All-Star Award by Mortgage Banking Magazine. Check out Mortgage Harmony's live demo at FinovateSpring.
  • Ping Identity named 2013 Top Workplace by The Denver Post for second consecutive year.
  • SecureKey named Top Growth Company in 2013 Branham300 list of Top 10 Growth Companies.
  • Global Security Services Company selects Kofax to automate accounts payable operations in Latin America. Check out Kofax at FinovateSpring.
  • ProfitStars wins 2013 Payments System Awards from NACHA - the Electronic Payments Association.
  • ACI Worldwide's Architech Mobile Banking provides PFM, integrated bill payment and account-to-account transfers to iOS, Android smartphones.
  • Azimo wins SWIFT Innotribe challenge; advances to finals at Sibos 2013 in Dubai.
  • peerTransfer now serving more than 300 colleges and universities, has partnered with 48 new educational institutions during the first quarter of 2013.
  • Zooz closes $2 million Series A round led by XSeed Capital. See Zooz in action at FinovateSpring in May.
  • GeoComply and Locaid team up to bring geolocation services to mobile and Internet gaming industry. See Locaid demo at FinovateSpring in May.
  • Innov8social interviews Julia Streuli, head of communications for Bright Funds. Join Bright Funds in San Francisco for FinovateSpring.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Webmasterchecks drops PayPal and makes Dwolla its exclusive payment service provider.
  • Mobile World Live considers Braintree's offline strategy. Come to FinovateSpring to check out its live demo.
  • Kony Solutions talks to banks about selling shares in a public offering as early as this year.
  • Xero releases updates that facilitate payroll reporting.
  • Chicago Tribune takes a look at TipRanks. Join TipRanks in San Francisco in May for FinovateSpring.
  • Alliance Data Retail Services reports on its geofence pilot program with Locaid.
  • EyeVerify wins third eyeprint patent for its mobile security technology. See them demo at FinovateSpring.
  • ACI Worldwide announces latest version of ACI Issuer, a cost-savings solution for card-issuing and account management.
  • Actiance partners with Symantec to provide integrated compliance, eDiscovery and archiving for social business.
  • BrightScope brings Nerd's Eye View publisher Michael Kitces to its advisory board.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- March 14, 2013

  • Thumbnail image for Finovate-F-Logo.jpgTemenos to partner with Caisse Financial Group, providing T24, Insight, Temenos Connect.
  • ACI Worldwide completes Online Resources Corporation acquisition.
  • Standard Chartered Bank moves Africa headquarters from Dubai to Johannesburg.
  • TechCrunch reports: Intuit launching Intuit Pay mobile payments service in the UK.
  • LearnVest aims to hit 100 planners by year-end.
  • TechCrunch reports: PayPal Here takes on Square Register with new iPad payments app.
  • SafetyPay and giropay join forces to secure internet payments in Germany.
  • TIBCO enhances real time loyalty marketing platform.
  • PrintWeek interviews GMC Software Technology COO Michael Watts.
  • CSI Enterprises set to announce updates to its globalVCard pay systems solution at the Innovation Project 2013 in March.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgCapital Access Network has provided SMBs access to more than $3 billion in working capital and facilitated 100k transactions since its inception.
  • Online CV certification service Veritas Vitae enlists miiCard to help eliminate CV fraud.
  • Forbes highlights BillGuard as 1 of 7 Tel Aviv-based startups.
  • Finextra reports Yorkshire Building Society taps eWise for PFM service.
  • Affinity Solutions to discuss brand loyalty, transaction-enabled marketing at Loyalty Expo 2013.
  • ACI Worldwide assures that it will maintain roadmaps, commitments to ORCC customers in wake of acquisition.
  • Bazaarvoice chooses Cohn & Wolfe as agency of record for North America.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- March 6, 2013

  • Thumbnail image for Finovate-F-Logo.jpgTSYS makes Ethisphere Institute's list of the world's most ethical companies.
  • Opportunity International becomes the first microfinance provider to license analytics solution, Insight, from Temenos.
  • ACI Worldwide presenting at Wedbush Securities Transformational Technologies Management Access Conference today.
  • PayPal signs agreement with Japan-based Softbank and Nihon PayPal KK to extend the PayPal Here mobile payment service to small businesses and entrepreneurs.
  • Cartera Commerce selected by AlwaysOn as OnMedia Top 100 Private Company for third consecutive year.
  • MyBankTracker compares Mint, HelloWallet, and Pageonce.
  • Billhighway announces availability of Give mobile fundraising application.
  • My Money Purdue talks about budgeting with Buxfer.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Online Resources' Virtual Collection Agent does debtors a favor by getting rid of the inconvenience and potentially unpleasant interaction with a living, breathing debt collector.

So now, with the recently announced update VCA 5.0, Online Resources is poised to do a few favors for the financial institutions and billers, as well.

Among the new features are:

  • Tracking support for marketing campaigns and automated online offers
  • The ability to manage multiple accounts for individual customers with single sign-in for the consumer
  • Multi-language capability, and the option for WCAG 2.0 Level AA compliance certification

VCA offers consumers privacy, intelligent automation, and a tailor-fit resolution when paying in full is impossible. The update comes as Online Resources is en route to becoming part of ACI Worldwide, courtesy of a $260 million dollar deal announced earlier this year. 

Online Resources is one of 20 "Finovate charter alums," having presented this very technology at the very first Finovate event in 2007.

  • Finovate-F-Logo.jpgVoiceTrust and Finantix partner to provide voice-driven, secure mobile solutions.
  • Upstart Business Journal reports ShopKeep and LevelUp partner to keep up with the competition.
  • FamZoo introduces Family Pack of prepaid cards through partnership with TransCard.
  • Monitise collaborates with Blackberry & Permatabank to launch mobile payments service on Blackberry Messenger in Indonesia.
  • Lend Academy features Interview with New Prosper CEO Stephan Vermut.
  • SafetyPay partners with Computop to offer SafetyPay as part of its Paygate payment platform.
  • EnStream to enable the support of SecureKey's authentication, identity & online payment solutions on mobile phones in Canada.
  • Virtual Piggy & WorldPay integrate to deliver youth payment solution internationally.
  • Luminous partners with Nihilent Technologies to sell Luminous' solutions in India.
  • Tuition.io featured in this week's Venture Capital program.
  • Mortgagebot expands space in Mequon with lease for new building.
  • PayPal to stop personal payments in Singapore on February 20 due to regulatory instructions.
  • iMore.com interviews Kashoo CEO Jim Secord at MacWorld|iWorld 2013.
  • TSYS announces acquisition of NetSpend in deal worth more than $1 billion.
  • ProfitStars announces year-over-year growth in P2P users, payments for its iPay Solutions service.
  • Metaforic's product line now available for mobile apps written in Objective-C, the most commonly used language on iOS platform.
  • Delaware Online hails eDeposit as a boon for small businesses.
  • ACI Worldwide launches ACI Proactive Risk Manager to help FIs detect payment fraud.
  • Bazaarvoice builds new research and development unit, Bazaarvoice Media Labs.
  • Jack Henry & Associates add remote deposit capture to Android and iPhone versions of goDough app.
  • Opencart announces full integration of Klarna invoice and partial payment system.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Thumbnail image for Finovate-F-Logo.jpgIt was a big day for Finovate alumni. ACI Worldwide and FIS, themselves both Finovate alums, rang the register on a couple of smaller fintech companies they hope will make them even bigger players in the online banking and payments world.

Online Resources Bought by ACI Worldwide

In an all-cash deal worth $260 million, the purchase of Online Resources will help ACI Worldwide bring broader online banking and full-service bill payment options to its network of financial institutions.   

The deal is also expected to increase the company's customer base, with 1,000 banks, billers and other FIs coming along with Online Resources into the ACI Worldwide fold.

A look at the numbers:

  • Online Resources provides services to more than 1,000 FIs and billers
  • It processes more than 240 million bill payment transactions each year
  • It connects more than 9,000 billers
  • The combined entity anticipates cost synergies (i.e., saving in operating expenses) of more than $19 million.
  • Common shareholders will receive $3.85 per share, an 83% premium over yesterday's closing price

FIS Purchases mFoundry

FIS's decision to buy the 78% of mFoundry that it did not already known is seen as an opportunity for the company to assert itself in the mobile arena, while expanding its customer base in the process.

FIS already has a sizable footprint when it comes to banking and payments technology. And in bringing mFoundry fully on board, the company has helped fuel optimism about the prospects for greater innovation and "convergence" among the various players within the industry.

More on the deal:

  • mFoundry serves more than 800 banks and credit unions across the country
  • The acquisition will cost FIS $120 million (valuing mFoundry at about $160 million) 
  • The deal is expected to close by the end of March
  • Founded in 2004, mFoundry's clients include Bank of America, Zions Bank, and more than a third of the top-50 financial institutions in the U.S.
  • FIS serves more than 14,000 FIs in more than 100 countries

mFoundry and Online Resources both participated in our very first Finovate back in 2007. mFoundry was also on stage more recently at FinovateFall 2010.

  • Finovate-F-Logo.jpgDallas Business Journal reports PayTap helps split bills among friends, family.
  • Taulia to provide e-invoicing and supplier self-services to real estate market.
  • Ping Identity announces annual bookings grew more than 50% for the third consecutive year, cites other growth metrics.
  • Locaid to provide geofencing, location authentication for GTECH.
  • Nationwide shares pointers on how to use eDeposit.
  • ACI Worldwide announces winners of its 2013 Excellence Award.
  • Bazaarvoice to help UK furniture retailer Harveys execute social media strategy.
  • CurrencyFair wins "Start up of the Year" in The Next Web's Irish Startup Awards competition.  See them demo at FinovateEurope in London!
  • In this Forbes piece, BankersLab CEO and Co-Founder Michelle Katics gives a crash course on what it's like to take a startup global.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgTechCrunch reports Braintree's New Payments Layer Lets Users Sign Up For Apps Without Re-Entering Their Credit Card Data.
  • Mitek and Allied Payment Network Expand Availability of Mobile Photo Bill Pay.
  • Backbase and iQStore sign partnership agreement for Russian market.
  • Xero integrates with Harvest, a time tracking and invoicing software company.
  • CNBC's Squawk on the Street features BOKU.
  • HID Global partners with BehavioSec to improve fraud detection system.
  • Facebook integration, customer management features added to Flint mobile app.
  • ACI Worldwide to buy Online Resources for more than $120 million.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- January 30, 2013

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  • Jemstep launches new Portfolio Manager service.
  • Aite Group names ACI Worldwide "Vendor to Watch" in 2013.
  • Acculynk's PayLeap now features API developer integration tools.
  • Figlo is 1 of 16 companies to join a global alliance with Microsoft.
  • American Banker reports Simple Enacts New Security Features.
  • All Things D lists Tuition.io as 1 of 2 companies to help college grads with empty pockets.
  • Netbanker reports: Movenbank Provides a Peek at its User Interface. Come check it out at FinovateEurope, less than 2 weeks away.
  • Experian extends Precise ID fraud prevention to online Social Security related services.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- January 23, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTemenos wins praise as "top advisor solution" from Aite Group.  Come see their demo at FinovateEurope in February!
  • Pageonce reaches $1 million mark in daily mobile bill payments processed.
  • A look at TradeKing after the merger.
  • ACI Worldwide's Money Transfer System helps FIs with Dodd-Frank compliance.
  • EZBOB forms partnership with ChannelGrabber.  Watch EZBOB in action at FinovateEurope!
  • Monitise and CGI Logica form mobile FS alliance to target European retail banks.
  • Tradeshift partners with Intuit to bring its social invoicing platform to more than 5m QuickBooks users.
  • American Banker reports: Fiserv extends relationship with BofA. Come to FinovateEurope in London to see its live demo.
  • CNBC talks with Alexa Von Tobel, LearnVest CEO.
  • Bill.com and Expensify announce product integration.
  • GrowthBusiness profiles Holvi. Comes see Holvi's new tech at FinovateEurope next month.
  • Fast Company reports you can now pay taxes in Iowa using Dwolla.
  • SimpleTuition reports 2012 success metrics for SmarterBucks program.
  • DemystData a finalist in AWS Global Startup Challenge. 
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- January 21, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAndroid Does takes a look at the latest update to Pageonce Money & Bills app.
  • ACI Wordwide announces winners of its Excellence Award for 2013.
  • Forbes considers Movenbank's view of online reputation. See Movenbank demo live at FinovateEurope February 12 and 13.
  • The Des Moines Register takes an inside look at Ben Milne's thoughts on the future of Dwolla.
  • SafetyPay announces record growth: Number of transactions in 2012 increased 149% over 2011, the dollar value of transactions increased by 88.5% in 2012 over 2011.
  • BBVA announces mobile RDC for iPhone. Come see BBVA demo its new tech at FinovateEurope in London.
  • Lending Club issues the 100,000th loan on its lending platform.
  • Credit.com's "Credit Cards" app now available on Google Play.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Thumbnail image for ACIWorldwide.jpgCalling the latest version a collaborative effort between the company and customers, ACI Worldwide this week announced the release of Money Transfer System 5.0.

MTS 5.0 features include repair reporting, network validation tools, and the addition of global clearing channel such as KASSIP and SAIRE. KASSIP is the Kuwait Automated Settlement System for Inter-Participant Payments. SAIRE is the Saudi Arabian Riyal Interbank Express.

Additionally, the issues that financial institutions face with regard to sanctions checking have been addressed in MTS 5.0. The Enhanced Sanctions Filter provides SDN (Specially Designated Nationals) list storage and enrichment, real-time scanning, exception processing, and other services.

See ACI Worldwide's most recent Finovate demo here.

Finovate Alumni News-- January 7, 2013

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  • ACI Worldwide launches ACI Money Transfer System 5.0.
  • Suncorp Bank chooses FIS to manage ATM and POS transactions
  • 500Friends to integrate LoyaltyPlus platform with Bazaarvoice.
  • Financial Edge Community CU partners with SaveUp.
  • Mitek issued new patent for "Methods for Mobile Image Capture and Processing of Documents".
  • The Financial Brand checks out the "Simple" way of banking.
  • The New York Times looks at SoMoLend's take on crowdfunding, seeking out institutions to serve as lenders.
  • New York Times looks at Enloop's hassle free business plan writing service.
  • The Telegraph highlights TransferWise as a cost-saving option for overseas money transfers.
  • Luxembourg's Nordea Bank picks Temenos to standardize IT infrastructure.
  • GMC Software Technology helps Gala Bingo move to "third generation" bingo tickets.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
IMG_1080.JPGThe FinTech 100, a list of the top revenue-grossing fintech firms, was announced Wednesday at BAI Retail Delivery

Nine Finovate alumni made the cut, including BancVue, debuting at number 95. Pictured to the right are James Ladas and Gabe Krarcek from BancVue. 

Here are the Finovate alumni, listed according to rank:

2011 Rank: 1
2010 Rank: 3

Fiserv
2011 Rank: 2 
2010 Rank: 1

2011 Rank: 10
2010 Rank: 11

2011 Rank: 18
2010 Rank: 18

2011 Rank: 19
2010 Rank: 20

2011 Rank: 24
2010 Rank: 15

2011 Rank: 34
2010 Rank: 34

2011 Rank: 62
2010 Rank: 76

2011 Rank: 95
2010 Rank: NR

See the full list here. To learn how the rankings are calculated, see the American Banker article
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The BAI Retail Delivery conference begins tomorrow with 29 Finovate alumni participating in sessions and/or exhibiting on the trade show floor.

Session Speakers
  • Tuesday, Global Game-Changer Session
    Speaker: Jim Taschetta from FreeMonee
  • Wednesday, Technology for Business Summit 
    Speaker: Mitch Jacobs from On Deck Capital
  • Wednesday, Technology for Business Summit Session 
    Speaker: David Eads from Kony Solutions
  • Thursday, Technology for Business Summit Session
    Speaker: Eric Connors from Yodlee
  • Thursday, Marketing & Product Management Summit Session 
    Speaker: Rod Witmond from Cardlytics
Exhibitors 
BAI Mobile Link
Mobile Link Panel Discussions
Solutions Theatre
Jim Bruene and I (julie@netbanker.com) will be in attendance and will update the blog and Twitter with new developments throughout the event. 
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This morning, ACI Worldwide and MShift did a joint demo of their Mobile Enterprise Banker for tablets:

"It is a tablet-optimized business banking solution. The solution is targeted towards business executives who are interested in robust and graphically rich presentations of company data as well operational tasks like ACH and Wire release and bill payment."

Product Launch: May 2012

HQ Location
  • ACI: Elkhorn, NE 
  • MShift: Fremont, CA 
Company Founded
  • ACI: 1975 
  • MShift: 1999 
Website
Presenting Jeff Chen (VP Business Development, MShift) & Ileen Pinhasi (Product Manager, ACI Worldwide)

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Watch Demos

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