ACI Worldwide has joined the US Faster Payments Council (FPC), a membership organisation that works to enable fast, real-time payments.
The membership is expected to help ACI boost faster payments in the country. The company’s UP Real-Time Payments solution is said to facilitate services for corporate as well as retail customers.
ACI already supports 18 real-time domestic schemes globally, including Zelle and The Clearing House (TCH) in the US. It also agreed to support the Federal Reserve’s upcoming FedNow service.
ACI Worldwide head of real-time payments Craig Ramsey said: “As consumer demand for speed, convenience and simplicity with payments increases, the push for real-time payments will continue to accelerate, and the launch of multiple real-time payments systems in US is clear evidence of that.
“ACI’s goals are aligned with the FPC’s as we look to drive the successful implementation, adoption and monetisation of real-time payments in the US.”
Faster Payments Council executive director Kim Ford said: “As an independent, solution-agnostic member organisation, the FPC is in a unique position to work with all industry stakeholders and tackle challenges that may be more difficult to address through bilateral cooperation alone.
“We look forward to leveraging ACI’s vast experience in global payments as we continue to create dialogue and facilitate action to drive the adoption of faster payments in the US.”
Earlier this week, ACI partnered with Microsoft to offer its Universal Payments portfolio via the Microsoft Azure cloud platform.