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Wednesday, April 17, 2024

ACI and AFS Unite for 10 Years to Modernize Digital Fee Options


ACI Worldwide, a worldwide real-time funds software program, has
introduced a strategic partnership with Arab Monetary Companies (AFS), the
area’s digital cost options supplier and fintech enabler, aiming
to reform the digital funds panorama throughout the Center East and Africa.

Regulated by the Central Financial institution of Bahrain and boasting
possession by 37 banks and monetary establishments, AFS serves over 60 shoppers
throughout greater than 20 nations within the area. The corporate’s portfolio
encompasses an array of digital cost services, together with card
processing, service provider buying, fintech options, and value-added providers.

Santhosh Rao, Senior Vice President, MEASA, ACI Worldwide

Santhosh Rao, the Senior Vice President of MEASA at ACI
Worldwide, commented: “Our versatile, agile and revolutionary cost software program
options will now be accessible to banks, monetary establishments and retailers
throughout the area. AFS is now in a robust place to assist all prospects in
the area on their quest for digital transformation and innovation, whereas
enabling the resiliency and repair high quality required by next-generation cost
techniques.”

Below the phrases of this transformative 10-year partnership,
AFS will leverage ACI’s Enterprise Funds Platform, a flexible transaction
processing resolution famend for its safety features, versatile
cloud-ready structure, and multi-language, multi-currency capabilities. By
harnessing this platform, AFS goals to spearhead a modernization drive inside
the retail banking sector, empowering its banking and fintech clientele with
enhanced capabilities and effectivity.

Streamlining Fee Processes: AFS and ACI Collaboration

Moreover, AFS is ready to deploy ACI’s Funds
Orchestration Platform, an answer designed to streamline cost
processes for retailers. This platform guarantees a seamless integration
expertise by means of a unified API interface, optimizing conversion charges whereas
minimizing operational overheads. By adopting this expertise, retailers and
cost service suppliers will be capable to ship enhanced buyer experiences
characterised by each comfort and safety.

“Because the funds panorama turns into ever extra
intricate and liable to disruption, a dependable expertise accomplice providing
industry-leading options is essential. Collectively, AFS and ACI Worldwide are
dedicated to empower our prospects with cutting-edge expertise that
streamlines operations, fosters development and unlocks new ranges of
profitability,” stated Samer Soliman, the CEO at Arab Monetary Companies.

ACI Worldwide, a worldwide real-time funds software program, has
introduced a strategic partnership with Arab Monetary Companies (AFS), the
area’s digital cost options supplier and fintech enabler, aiming
to reform the digital funds panorama throughout the Center East and Africa.

Regulated by the Central Financial institution of Bahrain and boasting
possession by 37 banks and monetary establishments, AFS serves over 60 shoppers
throughout greater than 20 nations within the area. The corporate’s portfolio
encompasses an array of digital cost services, together with card
processing, service provider buying, fintech options, and value-added providers.

Santhosh Rao, Senior Vice President, MEASA, ACI Worldwide

Santhosh Rao, the Senior Vice President of MEASA at ACI
Worldwide, commented: “Our versatile, agile and revolutionary cost software program
options will now be accessible to banks, monetary establishments and retailers
throughout the area. AFS is now in a robust place to assist all prospects in
the area on their quest for digital transformation and innovation, whereas
enabling the resiliency and repair high quality required by next-generation cost
techniques.”

Below the phrases of this transformative 10-year partnership,
AFS will leverage ACI’s Enterprise Funds Platform, a flexible transaction
processing resolution famend for its safety features, versatile
cloud-ready structure, and multi-language, multi-currency capabilities. By
harnessing this platform, AFS goals to spearhead a modernization drive inside
the retail banking sector, empowering its banking and fintech clientele with
enhanced capabilities and effectivity.

Streamlining Fee Processes: AFS and ACI Collaboration

Moreover, AFS is ready to deploy ACI’s Funds
Orchestration Platform, an answer designed to streamline cost
processes for retailers. This platform guarantees a seamless integration
expertise by means of a unified API interface, optimizing conversion charges whereas
minimizing operational overheads. By adopting this expertise, retailers and
cost service suppliers will be capable to ship enhanced buyer experiences
characterised by each comfort and safety.

“Because the funds panorama turns into ever extra
intricate and liable to disruption, a dependable expertise accomplice providing
industry-leading options is essential. Collectively, AFS and ACI Worldwide are
dedicated to empower our prospects with cutting-edge expertise that
streamlines operations, fosters development and unlocks new ranges of
profitability,” stated Samer Soliman, the CEO at Arab Monetary Companies.



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