ACI Worldwide joins US Faster Payments Council

Monday 25 November 2019 10:53 CET | News

Real-time electronic payment and banking solution ACI Worldwide has announced joining the US Faster Payments Council.

As a member of the council, ACI supports its aim of facilitating faster payments ubiquity in the US. ACI currently supports 18 real-time domestic schemes around the world, including Zelle and TCH in the US, and will support FedNow as it moves toward production. ACI provides processing for approximately 50% of the UK’s Faster Payments (UKFP), the core processing infrastructure for Malaysia’s Real-Time Retail Payments Platform (RPP), and STET’s real-time payments platform for PSPs in Europe.

Additionally, ACI has customers using UP Real-Time Payments to access Singapore FAST and the Australian NPP (New Payments Platform). ACI also serves on the ISO 20022 Real-Time Payments Group and the EPC Instant Payments Technology Group.

The FPC is an industry-led membership organisation whose mission is to facilitate a payment system where Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability. By design, the FPC encourages a diverse range of perspectives and is open to all stakeholders in the US payment system.

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Keywords: ACI Worldwide, US faster payments council, Faster Payments, online payments, online banking solution, United States, instant payments, B2B payments, ISO 20022 Real-Time Payments Group, North America
Categories: Payments & Commerce
Countries: United States
This article is part of category

Payments & Commerce