About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

ACI Worldwide Increases Global Reach, Powering 25 Domestic and Pan-Regional Real-Time Schemes

By: via Business Wire

ACI covers approximately one-third of the countries that offer real-time payments services

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced the expansion of the global reach of its industry-leading, real-time payments software solutions. ACI now powers 25 domestic and pan-regional real-time schemes across six continents — including nine central infrastructures — providing solutions to central banks, participant banks, fintechs and other payment service providers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230131005963/en/

(Graphic: Business Wire)

(Graphic: Business Wire)

Europe, the Middle East and the UK are ACI’s leading regional markets, with 12 countries having integrated real-time payment software capabilities, followed by nine countries in the Asia-Pacific and four in the Americas region. The latest additions to ACI’s growing client roster are the central banks of three nations in the Middle East.

“In 2022, we signed three new countries who trust ACI to support their central infrastructure mandates,” said Alessandro Silva, ACI Worldwide’s chief revenue officer. “This adds to our long history of success in Asia, where ACI powers the central infrastructure for Indonesia, Malaysia and Thailand and supports many real-time payments schemes across the APAC region, including Singapore, Philippines and Australia.”

Globally, ACI covers approximately one-third of the countries that offer real-time payments services, reaching about 1.8 billion people* served by various organizations, including central governments, payment networks, banks, financial institutions and fintech companies.

ACI Worldwide’s platform expansion responds to rapidly increasing real-time payment adoption rates worldwide. According to intelligence by GlobalData, real-time payments will account for nearly a quarter of global electronic payments by 2026.

Government and central intervention in national payment schemes is the primary driver of real-time adoption, with many nations mandating compliance or taking a consensus-driven and collaborative approach. The European Commission unveiled draft law recently that would require banks to offer instant payments in euros at no extra cost, and immediate payments in the U.S. is expected to see a strong uptick with the launch of FedNow in 2023.

From Latin America to Asia, to Africa, to Europe, governments taking the lead have also improved economic prosperity and promoted financial inclusion, with tangible success in strengthening GDP. By 2026, real-time payments are expected to facilitate an additional $131 billion in GDP in the world’s top five global real-time markets (India, China, Thailand, Brazil and South Korea), according to ACI’s 2022 Prime Time for Real-Time report.

Debbie Guerra, chief product officer of ACI Worldwide, said, “ACI’s decades of experience as a pioneer and trusted partner in real-time payments has allowed us to evolve our expertise to be a natural fit to empower payment networks, banks, merchants and billers across the world to stay ahead of customer demand and increasing regulatory changes and competitors for modern payments infrastructure with real-time. Within this landscape, our customers are accelerating the launch of new real-time payment services in months rather than years. ACI is leading the real-time revolution, meeting our customers at the forefront of technology with a ready solution scalable worldwide and easily adaptable with local requirements.”

Thomas Warsop, president and interim CEO of ACI Worldwide, added, “Our real-time implementations represent a significant long-term growth opportunity for ACI. The movement of funds within seconds rather than days unlocks money — billions of dollars every day — usually tied up in inefficient payment systems and with intermediaries. Money that people, businesses and government can instantly put to work to generate value, drive growth and enhance prosperity. Removing friction from payments also removes systemic limits on economic consumption and investment, lowers business costs, accelerates innovation and improves financial inclusion. In the background, ACI is powering central banks and banks, merchants and billers, processors and acquirers to facilitate payments end-to-end securely, reliably and in real-time across the globe.”

*Note to editors: Data provided by Global Data

About ACI’s Real-Time Payments Software

ACI’s innovative real-time payments software accelerates speed to market by bringing innovative payment offerings through a highly configurable, service-oriented architecture. It facilitates faster market share capture, bringing new customer experiences and payment methods, including instant payments, P2P and more. It offers value-added services for fast digital transformation through digital overlays, partnerships and platform offerings, and simplifies payment systems by supporting multiple global schemes and add-on capabilities from a single implementation.

About ACI Worldwide

ACI Worldwide is a global leader in mission-critical, real-time payments software. Our proven, secure and scalable software solutions enable leading corporations, fintech companies and financial disruptors to process and manage digital payments, power omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with a local presence to drive the real-time digital transformation of payments and commerce.

Contacts

More News

View More
3 Emerging Stocks You Haven't Heard Much From This Cycle
Via MarketBeat
Tickers AMZN GS MELI NIO TEO
Costco Investors Will Get A “Special” Treat For Christmas
Via MarketBeat
Tickers COST
3 Ways to Test the Crypto Market Without Owning Bitcoin
Via MarketBeat
Topics Artificial Intelligence ETFs
Tickers BTBT COIN WULF
Bargain Alert on 3 Stocks Investors Have Oversold
Via MarketBeat
Tickers AMTM DV GOGO
SoundHound Breaks Critical Resistance: How High Can It Get Now?
Via MarketBeat
Topics Artificial Intelligence
Tickers SOUN
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.