Home » Pay News » Fiserv Will Buy Digital Banking Technology from ACI Worldwide for $200 Million (Jan. 25, 2016)
Print view|Purchase Reprint

Fiserv Will Buy Digital Banking Technology from ACI Worldwide for $200 Million (Jan. 25, 2016)

Fintech provider Fiserv says it will buy ACI Worldwide’s Community Financial Services business for $200 million in cash. Fiserv expects the deal to close by March 31.

The deal gives Fiserv a “suite of digital banking and electronic payments solutions including Architect Banking, which supports online, mobile, and tablet banking for retail banks and small business customers on a single platform,” the company says. Other technology that goes to Fiserv includes: SSB Internet Banking; WebFederal Internet Banking; Advantage Internet Banking; Advantage Consolidated Bank Bill Pay; and ACI Defense Services, which Fiserv calls “a full-service security solution.”

“We are pleased to add these strong digital banking capabilities, which will further enable financial institutions to serve their customers in today’s dynamic world,” says Jeffery Yabuki, Fiserv president and CEO. “We are also excited to add a talented team of associates, who share our vision for creating value for clients through innovation and service excellence.”

Related stories:

This entry was posted on Monday, January 25th, 2016 at 3:01 pm and is filed under Pay News.


Your email address will not be published. Required fields are marked *

By clicking below, I acknowledge that my contact information will be shared with the companies whose files I am accessing on Pay Connect so they can contact me directly about their products or services. Please refer to their privacy policies for details on how your information will be used. Paybefore uses cookies to store this data so you will not need to re-enter it.

To sign up for Paybefore e-newsletters and announcements, click here.  http://paybefore.com/enewsletter-subscriptions/

  • This field is for validation purposes and should be left unchanged.