ACI Worldwide

297 results about this entity

Period: 02 Jan 2008 - 30 Apr 2024

ACI makes offer for S1

Payments outfit ACI Worldwide has made a $540 million cash and stock takeover move for S1 Corporation, urging the latter's shareholders to spurn a proposed merger with Fundtech.

Banking standards alliance recruits new members

Banking standards alliance, the Banking Industry Architecture Network (Bian), has signed up Commonwealth Bank of Australia, Rabobank Group, Scotiabank and ACI Worldwide as new members.

Fundtech confirms takeover talks

Payments technology outfit Fundtech has said that it is in talks with a potential suitor over a possible acquisition of the company.

Global card fraud on the rise - ACI

Nearly a third of people have been victims of card fraud in the last five years, up from a fifth just 18 months ago, according to figures covering eight countries for a survey commissioned by ACI Worldwide.

Cash management market to buck bank IT spending downturn

Bank spending on cash management technology is set to grow by 7.1% in 2010, escaping IT budget restraints elsewhere in the industry, according to research from Boston-based analyst house Celent.

Thomson Reuters rally can't stop index slide

As Finextra conducted its six-monthly review and refresh of index constituents, three new companies joined the Finextra50 Financial Technology Index, which closed down 5.1% last week to 51.01. Thomson Reuters led the few gainers, while Yucheng and Linedata led the many losers.

ACI and Oracle FSS lead Finextra50 up 12.6%

ACI Worldwide and Oracle Financial Services Software led the bounce-back in the Finextra50 Financial Technology Index last week, each gaining more than 40%. The index closed up 12.6% to 54.89, but a number of companies, including Advent Software and Bravura Solutions, continued their recent slide.

Fintech index hits new low after week of turmoil

The Finextra50 Financial Technology Index closed last Friday down four per cent on the previous week to 77.74, despite the bounce in global markets after news of the proposed US government bailout for banks laden with bad debt.

ACI shares fall on job cuts news, Gresham up on takeover rumours

The Finextra50 Financial Technology Index held steady last week, dropping just .5% to 86.08. ACI Worldwide and Computershare led the fallers, while Firstsource and Gresham Computing led the gainers.

ACI to axe jobs in efficiency drive

Payments processor ACI Worldwide is cutting its global workforce under a consolidation and efficiency programme aimed at generating annual cost savings of $30 million during 2008 and 2009.

Poor results for ACI and Jack Henry lead Finextra50 down 2.7%

It was a mixed bag for financial technology companies last week as earnings reporting season hit full swing. Missed expectations and downgraded forecasts dragged Cognizant, ACI Worldwide and Jack Henry lower, while positive results from GL Trade and Pegasystems saw them rise. The Finextra50 Financial Technology Index ended Friday down 2.7% to 85.31.

Indian fintech vendors battered again

Continuing market volatility resulted in Indian fintech stocks taking a bath last week, further depressing the Finextra50 stock index.

Diebold surges on takeover bid; Indian fintech stocks suffer

The disclosure of a $3bn unsolicited takeover bid for Diebold by United Technologies Corporation (UTC) sent shares in the ATM manufacturer soaring last week and made the vendor one of the few firms to post gains in the Finextra50 index.

Chordiant battered by gloomy outlook; S1 rallies on Q4 profit

Shares in Chordiant Software continued to fall last week on the back of an earlier outlook statement which warned of weakening demand for its technology from banks in North America. Meanwhile shares in S1 Corporation surged after the Atlanta-based vendor posted a fourth quarter profit, making it the top performer in the Finextra50 index.

Finextra50 up 4.25% led by ACI and Patsystems

The Finextra50 Financial Technology Index closed last week up at 87.64, as the fintech sector recovered slightly more than most global markets last week. Despite several falling stocks, such as Actuate which lost 31% of its value last week, the majority of companies saw decent rises, led by ACI Worldwide which benefited from the resolution of its most recent accounting troubles.

Finextra50 starts year with record low

Led by big falls for Fundtech and ACI Worldwide, the Finextra50 Financial Technology Index fell 4.31% by the end of the year's first week, reaching 91.24. Few companies saw any gains in a depressed start for most markets worldwide, but Gresham Computing did see a bounce back after a recent slump, while FirstSource and Nucleus Software in India also rose.

Finextra50 ends 2007 down 4.65% since benchmark

The Finextra50 Financial Technology Index held steady over the final two weeks of December, finishing the year at 95.35 despite big falls for ACI Worldwide and Gresham Computing.