ACI Worldwide, Inc., a software company, develops, markets, installs, and supports a range of software products and solutions for facilitating electronic payments to banks, financial intermediaries, merchants, and billers worldwide. The company offers ACI Acquiring, a merchant management system to deliver digital innovation, improve fraud prevention, and reduce interchange fees; ACI Issuing, a digital payments issuing solution; and ACI Enterprise Payments Platform that provides payment processing and orchestration capabilities for digital payments. It also provides ACI Low Value Real-Time Payments, a platform for processing real-time payments; and ACI High Value Real-Time Payments, a payments engine that offers multi-bank, multi-currency, 24x7 payment processing, and SWIFT messaging. In addition, the company offers ACI Omni Commerce, a scalable, omni-channel payment processing platform; ACI Secure eCommerce solution; ACI Fraud Management, a real-time approach to fraud management; ACI Digital Business Banking, a cloud-based digital banking platform; and ACI Speedpay, an integrated suite of digital billing, payment, disbursement, and communication services. The company offers electronic bill presentment and payment services to consumer finance, insurance, healthcare, higher education, utility, government, and mortgage sectors; implementation services, including product installations and configurations, and custom software modifications; and business and technical consultancy, on-site support, product education, and testing services, as well as distributes or acts as a sales agent for software developed by third parties. It markets its products under the ACI Worldwide brand. The company was formerly known as Transaction Systems Architects, Inc. and changed its name to ACI Worldwide, Inc. in July 2007. The company was founded in 1975 and is headquartered in Naples, Florida.
IPO Year:
Exchange: NASDAQ
Website: aciworldwide.com
Date | Price Target | Rating | Analyst |
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11/8/2024 | $57.00 → $60.00 | Buy → Neutral | DA Davidson |
10/18/2024 | Overweight → Equal-Weight | Stephens | |
3/8/2024 | $38.00 | Buy | Jefferies |
11/21/2023 | $31.00 | Buy | Seaport Research Partners |
11/2/2022 | Buy → Hold | Needham | |
7/15/2022 | $31.00 | Overweight | Stephens |
Losses to APP scams are expected to record an average CAGR of 12% from 2023-2028. Real-time payment APP scam losses are expected to grow to $6.1 billion by 2028, comprising 80% of total APP scam values. One in four scam victims will leave their current financial institution, underscoring the critical need for FIs to protect customers and maintain trust. Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 billion by 2028 across six leading real-time payment markets (U.S., U.K., India, Brazil, Australia and UAE), according to the latest Scamscope report from ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, in partner
Zimswitch will utilize ACI Fraud Management and Payments Intelligence to combat fraud in Zimbabwe ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, today announced that Zimswitch, Zimbabwe's national electronic payments switch and a leading payments technology company, has chosen ACI's Fraud Management and Payments Intelligence solution to enhance its fraud prevention and management capabilities. Through this implementation, Zimswitch aims to bolster the security of Zimbabwe's digital payment infrastructure and provide an elevated level of protection and security for financial institutions and consumers. This press release features multimedia. View the ful
Q3 2024 HIGHLIGHTS Revenue up 24% versus Q3 2023 Net income up 115% versus Q3 2023 Adjusted EBITDA up 61% versus Q3 2023 Cash flow from operating activities up 114% versus Q3 2023 Raising guidance range for full-year 2024 ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, announced financial results today for the quarter ended September 30, 2024. "We are very pleased with our third quarter results and the continued positive momentum in the business. We saw particular strength within our Bank and Merchant segments and are once again raising our full-year outlook," said Thomas Warsop, president and CEO of ACI Worldwide. "This year the team has done
One Equity Partners ("OEP"), a middle market private equity firm, today announced it has completed its sale of Dragonfly Financial Technologies ("Dragonfly" or "the Company"), a digital business banking and cash management solutions provider, to FIS, a global leader in financial technology. Financial terms of the transaction were not disclosed. OEP carved the ACI Digital Business Banking Solutions unit out of parent company ACI Worldwide (NASDAQ:ACIW) in September 2022 and rebranded the independent Company as Dragonfly Financial Technologies. The Dragonfly digital business banking platform was designed to meet the demanding standards of financial institutions supporting the largest and mo
Real-time payments drive economic growth and bring millions into the financial ecosystem, according to ACI Worldwide's Real-Time Payments: Economic Impact and Financial Inclusion report Real-time payments are forecast to generate $285.8 billion of additional global GDP growth and create more than 167 million new bank account holders by 2028, according to a new report published by ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, in collaboration with The Centre for Economics and Business Research (Cebr). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241020352057/en/Infographic: Real-Time Payments
Conference Call Scheduled for Thursday, November 7, 2024, at 8:30 a.m. ET ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the third quarter 2024 on Thursday, November 7, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free (888) 660-6377. Please provide your name, the conference name of ACI Worldwide, Inc. and conference ID 3153574. About ACI Worldwide ACI Worldwide is a g
ACI joins Red Hat partner ecosystem to support cloud enablement for ACI's industry-leading enterprise payments platform across any cloud infrastructure with Red Hat OpenShift ACI Worldwide (NASDAQ:ACIW), an innovator in global payments technology, today announced a collaboration with Red Hat Inc., the world's leading provider of open source solutions, to make ACI's cloud-native Enterprise Payments Platform available on any cloud infrastructure. With this collaboration, ACI will help customers ease their migration to the cloud to better adapt to the rapidly evolving digital economy and power the next generation of payment services. Using Red Hat OpenShift empowers banks, merchants, and bil
Consumers turning to billers to safeguard their data as threat of digital payments fraud escalates Digital payment preferences are surging, according to the 2024 ACI Speedpay Pulse Report, published by ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology. More than three-quarters of Americans now prefer to pay their bills digitally, especially Gen Z and Millennials, who show a significant inclination toward mobile payments. However, this increase in digital payments also brings about heightened risks – almost one in five consumers surveyed has fallen prey to online identity theft. ACI's annual Speedpay Pulse research report looks at consumer billing and payme
Mexican financial technology company Mexipay will leverage ACI's Digital Central Infrastructure solution to enable new payment options in Mexico ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, and Mexipay, a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico's real-time payments ecosystem, with the aim of driving instant payments adoption and boosting economic growth and financial inclusion for Mexico's businesses and consumers. Mexipay will utilize ACI's Digital Central Infrastructure solution, part of the award-winning ACI Enterprise Payments Platform, to address the need for enhanced real
ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, was ranked "Best in Class" for Merchant Payments Orchestration in a new Datos Insights report. The report used four categories to analyze payments vendors: provider stability, client strength, client service and product features. ACI Worldwide achieved the highest ranking and average score across categories and was the only vendor to earn the "Best in Class" accreditation. In addition to receiving the top ranking and "Best in Class" recognition, ACI Worldwide ranked first across specific categories, including ‘Top client rating for delivering on promises,' and ‘Top client rating for features and functionalit
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4 - ACI WORLDWIDE, INC. (0000935036) (Issuer)
4 - ACI WORLDWIDE, INC. (0000935036) (Issuer)
4 - ACI WORLDWIDE, INC. (0000935036) (Issuer)
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Q3 2024 HIGHLIGHTS Revenue up 24% versus Q3 2023 Net income up 115% versus Q3 2023 Adjusted EBITDA up 61% versus Q3 2023 Cash flow from operating activities up 114% versus Q3 2023 Raising guidance range for full-year 2024 ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, announced financial results today for the quarter ended September 30, 2024. "We are very pleased with our third quarter results and the continued positive momentum in the business. We saw particular strength within our Bank and Merchant segments and are once again raising our full-year outlook," said Thomas Warsop, president and CEO of ACI Worldwide. "This year the team has done
Conference Call Scheduled for Thursday, November 7, 2024, at 8:30 a.m. ET ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the third quarter 2024 on Thursday, November 7, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free (888) 660-6377. Please provide your name, the conference name of ACI Worldwide, Inc. and conference ID 3153574. About ACI Worldwide ACI Worldwide is a g
Q2 2024 HIGHLIGHTS Revenue up 16% versus Q2 2023 Net income of $31 million, up $38 million from Q2 2023 Adjusted EBITDA up 62% versus Q2 2023 Cash flow from operating activities of $55 million, up 215% versus Q2 2023 Announced $400 million share repurchase authorization Repurchased 1.7 million shares for $57 million Raising guidance range for full-year 2024 ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced financial results today for the quarter ended June 30, 2024. "We are pleased to report another quarter of strong growth in revenue and adjusted EBITDA, with both exceeding our financial guidance. Year-to-date
Conference Call Scheduled for Thursday, August 1, 2024, at 8:30 a.m. ET ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the second quarter 2024 on Thursday, August 1, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free (888) 660-6377. Please provide your name, the conference name of ACI Worldwide, Inc. and conference ID 3153574. About ACI Worldwide ACI Worldwide is a
Q1 2024 HIGHLIGHTS Revenue up 9% versus Q1 2023 Net income (loss) improved $24 million over Q1 2023 to a loss of $8 million Adjusted EBITDA up 93% versus Q1 2023 Cash flow from operating activities up 208% versus Q1 2023 Repurchased 2 million shares for $63 million Raising guidance range for full-year 2024 ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced financial results today for the quarter ended March 31, 2024. "Q1 results exceeded our expectations, and we are increasing the high end of our full year targets," said Thomas Warsop, president and CEO of ACI Worldwide. "We continue to see strength in the Bank seg
Conference Call Scheduled for Tuesday, April 30, 2024, at 8:30 a.m. ET ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the first quarter 2024 on Tuesday, April 30, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free (888) 660-6377. Please provide your name, the conference name of ACI Worldwide, Inc. and conference ID 3153574. About ACI Worldwide ACI Worldwide is a glo
Q4 2023 HIGHLIGHTS Total revenue of $477 million grew 5%1 Total recurring revenue grew 7%1 Net income of $123 million grew 36% Total EBITDA of $210 million grew 8% Cash flow from operating activities of $86 million grew 107% Repurchased 1 million shares for $28 million Expect 7-9% revenue growth in 2024 ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced financial results today for the quarter and full year ended December 31, 2023. "2023 was another year of progress for ACI, with steady revenue growth and improving margins," said Thomas Warsop, president and CEO of ACI Worldwide. "In the Bank segment, we saw part
Conference call scheduled for Thursday, February 29, 2024, at 8:30 a.m. ET ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the fourth quarter and full year 2023 on February 29, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free (800) 715-9871. Please provide your name, the conference name of ACI Worldwide, Inc. and conference ID 3153574. About ACI Worldwide ACI World
Q3 2023 HIGHLIGHTS Total revenue grew 21%1 Total recurring revenue grew 10%1 Net income of $38 million grew 64% Total EBITDA grew 147% to $103 million1 Reiterating guidance for full-year 2023 ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced financial results today for the quarter ended September 30, 2023. "We are pleased to report solid third quarter results," said Thomas Warsop, President and CEO of ACI Worldwide. "Operational focus helped us exceed our overall financial targets. Our Bank segment continues to show encouraging trends, including 13% adjusted recurring revenue growth, and our Biller segment has materi
Conference Call Scheduled for Thursday, November 2, 2023, at 8:30 a.m. ET ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the third quarter of 2023 on November 2, 2023. Management will host a conference call at 8:30 a.m. Eastern Time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free (888) 660-6377. Please provide your name, the conference name of ACI Worldwide, Inc. and conference ID 3153574. About ACI Worldwide ACI Worldwide is a glob
ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, and RS2, a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. The new offering combines the best of ACI's and RS2's acquiring and issuing capabilities, supporting financial institutions, integrated software vendors, payment facilitators, independent sales organizations and payment processors on their digital transformation and modernization journey. It brings the global expertise and technology of both companies to the Brazilian market jointly for the first time. The combined new cloud-enabled technology platform
50 million instant cross-border payments were processed by STET and ACI Worldwide in the last 12 months STET's CSM platform leverages ACI technology to offer interoperability with the other major European instant payment scheme
The new approval includes $65 million remaining under the company's existing share repurchase authorization. Year to date 2024, ACI has repurchased approximately 3 million shares for $106 million.
DA Davidson analyst Peter Heckmann maintains ACI Worldwide (NASDAQ:ACIW) with a Buy and raises the price target from $36 to $42.
Craig-Hallum analyst George Sutton maintains ACI Worldwide (NASDAQ:ACIW) with a Buy and raises the price target from $38 to $40.
Ratings for ACI Worldwide (NASDAQ:ACIW) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 0 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 3 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have recently evaluated ACI Worldwide and provided 12-month price targets. The average target is $39.25, accompanied by a high estimate of $40.00 and a low estimate of $38.00. This upward trend
Needham analyst Mayank Tandon reiterates ACI Worldwide (NASDAQ:ACIW) with a Hold.
U.S. stocks were lower, with the Dow Jones index falling over 100 points on Tuesday. Shares of Eli Lilly and Company (NYSE:LLY) rose sharply during Tuesday's session after the company raised its FY24 revenue guidance. Eli Lilly reported first-quarter revenue of $8.77 billion, up 26% year over year, marginally missing the consensus of $8.92 billion, driven by increases of 16% in volume and 10% due to higher realized prices. Eli Lilly posted an adjusted EPS of $2.58, beating the consensus of $2.46, higher than $1.62 a year ago, according to data from Benzinga Pro. Eli Lilly forecasts fiscal year 2024 sales of $42.4 billion -$43.6 billion versus prior guidance of $40.4 billion-$41.6 bi
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New offering combines the best of ACI's and RS2's acquiring and issuing capabilities to launch a joint solution for the Brazilian market Cloud-enabled platform allows payment companies to launch new products and services quickly ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, and RS2, a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. The new offering combines the best of ACI's and RS2's acquiring and issuing capabilities, supporting financial institutions, integrated software vendors, payment facilitators, independent sales organizations and payment p
ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today the appointment of two new independent directors, Katrinka McCallum and Juan Benitez, to the company's Board of Directors. Katrinka McCallum most recently served as Vice President of Customer and Product Experience at Red Hat, having held various leadership roles within Red Hat's Products & Technologies organization for more than a decade. Throughout her career, spanning more than two decades in enterprise software, Ms. McCallum has led business units, sales and marketing organizations as well as engineering and operations teams. Ms. McCallum is a member of the board at Rimini St
Technology industry leader to drive innovation and product roadmap for leading real-time payments solution provider ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments solutions, today announced the appointment of Abe Kuruvilla as chief technology officer. In this role, Kuruvilla will lead ACI's innovation agenda, optimizing the way the company develops and delivers its industry-leading software solutions globally to banks, merchants and billers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231030539904/en/(Photo: Business Wire) "Abe's appointment comes at a pivotal time for the industry and
ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, today announced that its Board of Directors (the "Board") has appointed Thomas Warsop as President and Chief Executive Officer, effective June 1, 2023. Warsop, a seasoned executive and financial services technology expert, has served as Interim President and CEO since November 2022. He will also continue to serve on the ACI Board, where he has been a director since 2015. Adalio Sanchez will continue as non-executive Chair of the Board. "Since joining ACI eight years ago as a member of our Board, and as Interim President and CEO over the last six months, Tom has been instrumental in the refinemen
ACI Worldwide (NASDAQ:ACIW), the global leader in mission-critical, real-time payments software, has announced that Amanda Mickleburgh, product director for merchant fraud, has been appointed Co-Chair of the European Advisory Board of the Merchant Risk Council (MRC). The MRC is a global membership organization connecting eCommerce payments and fraud professionals through education, networking and knowledge sharing. Amanda Mickleburgh has held a variety of strategic roles since joining ACI Worldwide in 2007, with a strong focus on eCommerce fraud prevention. Specifically, she has developed expertise in leveraging data intelligence to aide checkout conversion and remove friction from payment
MIAMI--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced the appointment of two new independent directors, Mary Harman and Samir Zabaneh, to the company’s Board of Directors. Ms. Harman most recently served as Managing Director, Enterprise Payments at Bank of America Corporation, having held various leadership roles there for more than a decade. Prior to Bank of America, Ms. Harman held positions at GE Equity at General Electric Company and at Ernst & Young LLP. She also served as Chairman of the Board at Early Warning. Mr. Zabaneh most recently served as Executive Vice President, Global
NAPLES, Fla.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that it has entered into an agreement with Starboard Value LP (“Starboard”), an investment firm which owns approximately 7.7 percent of ACI Worldwide outstanding common stock. Under the terms of the agreement, the Company will be adding two new independent directors. These directors will be appointed to the ACI Board in March 2021, temporarily increasing the number of directors on the Board to 12, all but one of whom are independent. “We are pleased to have reached this agreement with Starboard and look forward to welcoming t
NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of ACI Worldwide, Inc. (NASDAQ: ACIW) ("ACI" or the "Company"), with an ownership interest of approximately 9% of the Company's outstanding shares, today announced that it has delivered a letter to David Poe, ACI's Chairman, and Odilon Almeida, ACI's President and CEO, with copies to the Company's Board of Directors. The full text of Starboard's letter can be viewed at the following link: http://www.starboardvalue.com/wp-content/uploads/Starboard_Value_LP_Letter_to_ACIW_Board_12.02.2020.pdf About Starboard Value LPStarboard Value LP is a New York-based
DA Davidson downgraded ACI Worldwide from Buy to Neutral and set a new price target of $60.00 from $57.00 previously
Stephens downgraded ACI Worldwide from Overweight to Equal-Weight
Jefferies initiated coverage of ACI Worldwide with a rating of Buy and set a new price target of $38.00
Seaport Research Partners initiated coverage of ACI Worldwide with a rating of Buy and set a new price target of $31.00
Needham downgraded ACI Worldwide from Buy to Hold
Stephens initiated coverage of ACI Worldwide with a rating of Overweight and set a new price target of $31.00
Needham reiterated coverage of ACI Worldwide with a rating of Buy and set a new price target of $45.00 from $40.00 previously
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