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ACI Worldwide helps TransferWise connect to Faster Payments

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ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced it has provided the back-end technology for TransferWise’s successful integration into the Faster Payments Scheme.

Craig Saks, Group President Strategic Products, ACI Worldwide comments:

“In December, 2015, we announced that TransferWise had selected our UP Framework to power its global network.

“We are excited that TransferWise has been able to complete the onboarding process in record time and is the first fintech to connect to the Faster Payments Scheme via the New Access Model.”

“We encourage all PSPs and financial institutions looking to gain access to Faster Payments in the UK, to move to the New Access Model, which provides the ability to offer their customers real-time payments 24/7.”

For more on this story visit the following link: ACI Worldwide helps TransferWise connect to Faster Payments

Source: Finextra

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