ACI Worldwide Extends Fintech Partnership Ecosystem through Banfico Alliance

OMAHA, Neb. & LONDON–(BUSINESS WIRE)–

ACI Worldwide, a pioneer in global payments technology, has recently announced the expansion of its fintech partnership ecosystem with a collaboration with Banfico, a leading fintech company specializing in regulatory technology, global account verification, and Open Banking solutions. This exciting partnership will enhance ACI’s offerings in the account-to-account payments space, particularly in Europe and the UK, where ACI already processes payments for hundreds of Payment Service Providers (PSPs) with industry-leading instant payment solutions.

Banfico’s expertise in regulatory technology and Open Banking solutions complements ACI’s existing capabilities, creating a powerful combination that will benefit customers looking for secure, efficient, and innovative payment solutions. By leveraging Banfico’s technology, ACI can further enhance its payment processing services, providing its clients with enhanced account verification and regulatory compliance capabilities.

How Will This Partnership Affect Me?

As a consumer or business owner, this partnership between ACI Worldwide and Banfico could have several positive impacts on your day-to-day payment experiences. By leveraging Banfico’s solutions, ACI can offer faster, more secure, and more reliable account-to-account payments, making it easier for you to transfer funds, pay bills, and make purchases online. Additionally, the enhanced regulatory technology and compliance capabilities provided by Banfico can help protect your financial information and ensure that your transactions are secure and compliant with relevant regulations.

How Will This Partnership Affect the World?

The partnership between ACI Worldwide and Banfico has the potential to have a significant impact on the global payments industry. By combining ACI’s market-leading instant payment solutions with Banfico’s expertise in regulatory technology and Open Banking solutions, the two companies are poised to drive innovation and reshape the way payments are processed and verified worldwide. This collaboration could lead to greater financial inclusion, improved security, and enhanced efficiency in the global payments ecosystem, benefiting businesses, consumers, and financial institutions around the world.

Conclusion

The partnership between ACI Worldwide and Banfico represents a powerful alliance that has the potential to revolutionize the payments landscape. By combining their complementary expertise and solutions, the two companies are well-positioned to drive innovation, enhance security, and improve efficiency in the global payments ecosystem. As a consumer or business owner, you can expect to benefit from faster, more secure payments, while the world at large stands to gain from a more inclusive and technologically advanced payments industry.