Ruth Fornell, Executive VP, ACI Worldwide

Scandinavian software provider EVRY has selected ACI Worldwide’s UP Retail Payments and UP Payments Risk Management with an aim to enhance its service across the Nordic and European market.

With the Nordic region moving towards a cashless society, ACI’s solution is expected to enable EVRY to strengthen its card and mobile payments capabilities. The solution aims to bridge the gap between IT provisions and payment capabilities and help EVRY attain its market demand.

“A scalable, reliable and secure payments infrastructure is critical in supporting the rapidly changing expectations of consumers in the market,” says Christer Jonsson, SVP – Card Services, EVRY. “With ACI, we will continue to provide banks and merchants access to fast and simple payment options as well as the ability to leverage rich data and analytics, all without compromising security. With ACI’s UP solutions, we can deliver faster and more efficient payment experiences for our clients.”

The supplier states that EVRY will be allowed to utilize ACI Interchange, a part of ACI’s solution that supports incoming and outgoing clearing and settlement processes for card transactions, including transactions initiated by mobile phone. EMV and magnetic stripe payment cards.

“Leading financial institutions have relied on ACI for more than 40 years, and by utilizing ACI’s world-class payments solutions, EVRY will be well positioned to offer new capabilities as payments evolve based on customer needs,” said Ruth Fornell, executive vice president, ACI Worldwide. “As modern digital innovations are being introduced, ACI is at the centre of facilitating the transition to open, real-time, digital payments processing.”

Recently, ACI Worldwide’s UP Retail Payments solution was selected by the payments solution provider Eafricalab to enhance its customer base and service across 25 African countries.

Founded in 2010, EVRY is a Norwegian technology company providing services relating to computing, including operation, outsourcing and online banking.

Avatar
by Megha Bhattacharya
Market Analyst at IBS Intelligence
×