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ACI Worldwide Collaborates With Red Hat To Expand Payments Cloud Offering
ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced a collaboration with Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, to enable financial institutions and payment providers to utilize ACI solutions on the platform.
The collaboration will open new ways for ACI customers to take advantage of the cloud, allowing for an advanced, cohesive strategy for ACI to support both private and public cloud environments as more customers move to cloud-native solutions.
Transitioning to cloud-based infrastructure requires careful consideration, as payment systems are increasingly complex. ACI Worldwide provides customers that have been running its mission-critical system for decades a proven transition path to new architectures.
“This latest initiative is just one part of ACI’s cloud strategy, which aims to responsibly guide financial institutions and payment providers on their journey to the cloud and the ongoing shift to cloud-native applications,” said Scotty Perkins, head of cloud, ACI Worldwide. “With this collaboration, ACI is addressing the industry trend of taking different paths and speeds toward cloud modernization. It means that our customers don’t have to choose between their cloud strategy and ACI, and that there are multiple ways to incorporate mission-critical ACI solutions into customers’ technical infrastructures.”
“We look forward to collaborating with ACI to leverage Red Hat OpenShift for open hybrid cloud to help deliver mission-critical payment systems for customers globally,” said Ramon Villarreal, payments industry lead, Red Hat. “At Red Hat, we are committed to supporting our partners and customers in financial services in building and running world-class systems, maximizing innovation and time to market, whilst enabling the resiliency and service quality required by next-generation payment systems.”
ACI already offers a majority of its solution portfolio for financial institutions on premise, as a cloud deployment in Microsoft Azure and as a managed service. The addition of support for Red Hat OpenShift expands those capabilities for the future.
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Platform Veteran Geoff Towers Joins Platform One Board
Geoff Towers, the CEO of multiple platforms throughout his career, has joined the Platform One board as a non-executive director.
Mastercard Advances Instant Cross-Border Payments with TIPS Cross-Currency Pilot
Mastercard today announced its participation in a Eurosystem-led pilot, conducted in collaboration with Danmarks Nationalbank and Sveriges Riksbank, on the TARGET Instant Payment Settlement (TIPS) platform, testing instant cross-currency payments (TIPS X-CCY). Participation in the pilot represents a key milestone in Mastercard’s strategy to build direct connectivity to payment infrastructures and demonstrates how instant cross‑border payments can be executed and settled instantly at infrastructure level.
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Ryan Expands Global Presence and European Reach Through Acquisition of Svalner Atlas Advisors
Ryan, LLC (“Ryan”), a leading global tax services and software provider, today announced it has entered into a definitive agreement to acquire Svalner Atlas Advisors, a premier independent tax and transaction advisory firm headquartered in Stockholm, Sweden. The acquisition will expand Ryan’s presence across the Nordics and Benelux regions while enhancing the Firm’s ability to deliver integrated cross-border tax and advisory services throughout Europe.
Silverflow Accelerates Post-Series B Growth with New Amsterdam HQ and 20% Headcount Increase
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EXCLUSIVE: “Payments Re-Engineered” – Nigel Thacker, Silverflow and Victor Padee, Aevi in ‘The Fintech Magazine’
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