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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
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  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
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Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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ACI Worldwide to Accelerate Indonesia’s Real-Time Revolution with New BI-FAST Payment Services and Expanded Bank Participation

BI-FAST, Indonesia’s domestic real-time payments scheme powered by ACI Worldwide, has announced plans to expand its services to include bulk credit, direct debit and Request for Pay

Scheme now has 106 direct participants, representing 87% of the national retail payments market

BI-FAST, Indonesia’s domestic real-time payments scheme — provided by Bank Indonesia and powered by ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software — has announced plans to launch a wide range of new real-time payment services as the scheme celebrates its first anniversary.

Since its launch in December 2021, BI-FAST has successfully onboarded a total of 106 participants, 19 of which through multi-tenant aggregators are using ACI Worldwide’s multi-tenant Real-Time Payments Solution to connect to BI-FAST. The participants represent 87% of the national retail payments market, responding to rapidly increasing demands for a fast, easy, secure, and affordable national payments system.

Powered by ACI Worldwide, BI-FAST payment services will be extended to include bulk credit, direct debit and Request for Pay services. BI-FAST also expects the number of participants to continue expanding including additional multi-tenant aggregators, from the leading national switches of Indonesia. One of the multi-tenant aggregators, PT Rintis Sejahtera, has already gone live with the solution.

These participants and multi-tenant aggregators will all be using ACI Worldwide’s real-time payments solution to connect to BI-FAST. The use of this consistent real-time payments solution will harmonize the country’s entire payments ecosystem and drive ongoing infrastructure efficiency. The next phase will see BI-FAST expanding outwards to interconnect with other regional real-time schemes for cross-border payments, forming the region’s real-time payments network.

According to ACI Worldwide’s Prime Time for Real-Time report, real-time transactions in Indonesia are set to rise to 1.6 billion in 2026, which would help to generate an additional $747 million of economic output, equivalent to 0.05% of the country’s forecasted GDP. The theoretical impact of all payments being real-time could add as much as 2.7% to formal GDP by 2026, according to the study.

“ACI Worldwide is proud of the successful rollout of BI-FAST over its first year and the high onboarding rates among financial institutions and banks in Indonesia,” commented Leslie Choo, senior vice president, managing director – APAC, ACI Worldwide. “After just one year, BI-FAST is quickly enabling a completely new payments ecosystem in the country — accelerating the digital transformation of Indonesia’s economy, driving economic growth and bringing millions of unbanked citizens into the formal financial sector.”

Bank Indonesia and ACI Worldwide were able to implement and launch BI-FAST in less than nine months, making it one of the fastest implementations of a country’s real-time central infrastructure ecosystem on record. The ACI Low Value Real-Time Payments technology driving Bank Indonesia’s central infrastructure hub allows more than 100 payment scheme players to connect, and includes risk management that safeguards payments data and transactions. When complete, the scheme will incorporate 135 banks as well as merchants and payment service providers, making it one of the world’s largest real-time payment initiatives.

ACI Worldwide has a successful track record of implementing critical central infrastructures across ASEAN countries. It powers the real-time ISO 20022 central infrastructure and all member bank ecosystem of Malaysia's RPP, and real-time ISO 20022 bulk payment of Thailand’s National ITMX. ACI Worldwide’s 30 years of experience in Indonesia makes it uniquely positioned to continue to support the digital transformation of the country’s payments ecosystem and economy.

About ACI Worldwide

ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use our proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce.

© Copyright ACI Worldwide, Inc. 2022

ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

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