ACI’s cloud-based business banking platform lauded for robust functionality and payments excellence
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that it has been named Best-in-Class in the Aite Matrix: The Leading Providers of U.S. Cash Management Technology, 2020.
@ACI_Worldwide Recognized as Best-in-Class in Aite Matrix: The Leading Providers of U.S. Cash Management Technology, 2020 #payments #banking #fintech #digitalbanking
The Aite Matrix is a proprietary vendor assessment framework that evaluates the overall competitive position of vendors. This Aite Matrix evaluated nine leading cash management platform providers focusing on four key components including stability, client strength, product features and client services, and highlighting three types of vendor groupings, including Best-in-Class, Contenders and Incumbent or Emerging. ACI was selected as a Best-in-Class vendor, lauded for its robust functionality and payments excellence.
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The Aite Matrix recognized ACI and Universal Online Banker—its award-winning digital business banking platform—for being fully API-enabled and highly configurable and offering high levels of usability, robust functionality and API breadth beyond those of most of its primary competitors. It also highlighted Universal Online Banker’s strong enhancements to UI, platform intuitiveness and broadening of the customer experience beyond just cash management. As noted in the Aite Matrix, “this solution enables personalized experiences aligned with banks’ persona-based strategies and addresses unique and challenging requirements in key verticals such as property management, inventory management, and municipalities.”
“Today’s corporate and commercial bank customers require robust real-time capabilities that enable them to efficiently initiate payments, collect money owed, and manage their financial positions and operations as effectively as possible,” said Christine Barry, research director, Aite Group. “Doing so also requires automated onboarding for new products, digital guidance, and actionable insights and data from their banks, rich reporting, granular entitlements, and seamless integration with both their own systems and those of important fintech partners.”
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