Engineering, an Italian systems integrator and outsourcing provider, has expanded its relationship with ACI Worldwide to support a new contract for issuing up to one million prepaid cards for online commerce.
Engineering has been a long-time ACI customer, using ACI Issuer and ACI Interchange to issue credit cards and provide processing services. ACI Issuer provides financial institutions with a single platform for issuing and supporting credit, debit, pre-paid and corporate cards. Engineering now plans to leverage ACI Issuer and ACI Interchange on the UNIX platform, enabling them to issue prepaid cards to new customers in a cost-effective manner.
“ACI Issuer on UNIX allows us to provide a cost effective platform to expand our processing services into prepaid,” said Paolo Olivieri, project manager, Engineering. “We have years of experience with Issuer in a mainframe environment, so we felt very comfortable moving to UNIX as a new platform. I am sure that the tremendous success we have experienced will continue and the new system will allow us to support new customers and control our operating expenses.”
Despite being behind the likes of Europe and China, the US payments industry is now rapidly advancing, said Anish Kapoor, CEO of AccessPay told GTNews in an exclusive interview.
Treasurers are more interested in cross-border payments and automation than real-time payments, as they are consistently asked to do more with less, argues Rick Burke, head of corporate payments at TD Bank in an exclusive interview.
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