News from the Wire

ACI Worldwide to power online payments for Franklin University

Monday, July 28, 2014 — 11:40:49 (EDT)

Naples, Fla., July 28, 2014 -- ACI Worldwide (NASDAQ: ACIW), a leading international provider of electronic payment and banking solutions, today announced that Ohio-based Franklin University has selected ACI to power its online payments.

As one of the largest private universities in Ohio, with a growing enrollment approaching 10,000 undergraduate and graduate students, Franklin University wanted a proven payment provider with technology that required no additional programming to integrate with the University’s ERP system. It also wanted technology that provided a low total cost of ownership. ACI’s electronic payment solutions and integrated strategic partnerships with wide-ranging ERP providers made it the ideal payment partner for the University.

ACI is a market leader in providing electronic payment solutions to colleges and universities with more than 300 higher education institutions in the United States and Puerto Rico utilizing its payment processing solutions. For more than twenty years, colleges and universities have relied on ACI’s solutions to provide students and parents with convenient and secure methods to pay tuition and fees—phone, web and in-person payment systems for 24/7/365 convenience and reliability.

“When we set out to implement the self-service payment option with our Colleague software, we needed a trusted vendor with strong solutions that had a close relationship with Ellucian,” said Christine Kurth, director, University Information Systems, Franklin University. “We asked other institutions for recommendations and they overwhelmingly praised ACI. ACI’s solution was easy to implement and fully integrated with our Colleague system."

“We are pleased to provide Franklin University with a convenient and secure online tuition and fees payment option,” said Eric Labiak, senior vice president, ACI Worldwide. “Our online payment options will deliver an enhanced payment experience for the school’s continuing education students.”

About ACI Worldwide ACI Worldwide, the Universal Payments company, powers electronic payments and banking for more than 5,000 financial institutions, retailers, billers and processors around the world. ACI software processes $13 trillion each day in payments and securities transactions for more than 250 of the leading global retailers, and 21 of the world’s 25 largest banks. Through our comprehensive suite of software products and hosted services, we deliver a broad range of solutions for payment processing; card and merchant management; online banking; mobile, branch and voice banking; fraud detection; trade finance; and electronic bill presentment and payment. To learn more about ACI, please visit www.aciworldwide.com . You can also find us on Twitter @ACI_Worldwide.

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Source: Company press release.