ACI Worldwide has formed an strategic alliance with Italian software and IT services company Dedagroup to enable Italian financial institutions and payment service providers (PSPs) to implement and adopt real-time banking services.
ACI’s Universal Payments (UP) solutions portfolio allows PSPs to connect to any domestic or pan-European EPC-based instant payments scheme.
ACI Worldwide director of solution consulting immediate payments Barry Kislingbury said: “The partnership between ACI and Dedagroup comes at a crucial time when financial institutions in Europe are preparing for the launch of several domestic and pan-European schemes.
“These new schemes will empower consumers and businesses to send and receive real-time payments from their existing accounts. They will also provide a platform for banks to launch new and innovative services for today’s digital economy.”
Dedagroup Business Solutions CEO Gianni Spada commented: “The introduction of real-time payments offers financial institutions in Italy a great opportunity to develop new and innovative banking services for their customers. The benefits will be for everyone: Consumers will be able to pay pills or send money to friends and family immediately. Faster cash flows will optimize cash and supply chain management for businesses.
“The immediacy of transactions will also lead to better trade agreements. The partnership with ACI will enable us to provide banks with the necessary support in the implementation of real-time payments solutions.”