ACI Worldwide To Power Payments for UK Retailer Co-op in Cloud
Portfolio Pulse from Benzinga Newsdesk
ACI Worldwide (NASDAQ:ACIW), a leader in real-time payments software, has announced the successful migration of Co-op's payments and fraud prevention technology to ACI's cloud platform on Microsoft Azure. This move leverages ACI's Payments Orchestration Platform for in-store, online, and mobile transactions, enhancing Co-op's operational efficiency, scalability, security, and data protection. The migration aligns with ACI's strategic alliance with Microsoft to offer cloud-based payment solutions.
January 11, 2024 | 7:10 am
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ACI Worldwide's successful migration of Co-op's payment systems to its cloud platform may lead to increased trust in ACI's services, potentially attracting more clients and partnerships.
The successful migration of Co-op's payment systems to ACI Worldwide's cloud platform demonstrates ACI's capability in handling large-scale payment solutions. This could lead to increased investor confidence in ACI's cloud services and potentially attract more business, positively impacting the stock price in the short term.
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