Tuesday, July 28, 2020View Showroom
NAPLES, Fla.—July 29, 2020—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that its subsidiary, ACI Payments, Inc., has received Nacha Certified status. The Nacha certification verifies that ACI has achieved the highest standards of ACH payment processing outlined by Nacha for its bill payments solution, ACI Speedpay. The company has been Nacha Certified since 2018.
Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable electronic payments and financial data exchange within the U.S. and across geographies. It supports the development of rules, standards, governance, education, advocacy and innovation, which benefits providers and users of those systems.
“Our clients expect us to meet all compliance and regulatory requirements when processing ACH payments,” said Sanjay Gupta, executive vice president, ACI Worldwide. “Achieving Nacha Certified status gives them that peace of mind and continues to position us as a leader in the bill payments market.”
“Nacha certification is a thorough and comprehensive process,” said Michael Herd, senior vice president, ACH Network Administration, Nacha. “For organizations that rely on ACI for its bill payment services, having Nacha standards for sound core practices in ACH payment processing is important.”
ACI Speedpay is an integrated suite of PCI-compliant and Nacha Certified bill presentment and payment services that powers mobile, web, IVR (interactive voice response), eBill, call center and eLockbox (consolidated remittances) payment options with integrated fraud protection and flexible payment restructure plan options. The solution is utilized by thousands of customers across multiple industries, including consumer finance, government, healthcare, higher education, insurance, subscription services and utilities.
ACI Payments, Inc. provides bill payment services for the ACI Speedpay, Official Payments and Speedpay service brands of ACI Worldwide.