Interswitch and ACI Worldwide Join Forces to Enhance Payments Modernization in Sub-Saharan Africa

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ACI ($NASDAQ:ACIW) Worldwide and Interswitch have announced a strategic partnership to modernize payments in Sub-Saharan Africa. The two companies are joining forces to provide a complete payments modernization solution that will offer customers innovative payment solutions to simplify their financial operations and drive growth. ACI Worldwide is a global leader in providing real-time electronic payment and banking solutions. It is a publicly traded company with a leadership position in the global payments industry, offering a wide range of services from payment processing to fraud prevention. The collaboration between ACI Worldwide and Interswitch will provide customers with access to secure, reliable and efficient payments solutions that reduce operating costs, reduce time to market, improve operational efficiency, and ultimately, enable customer success.

The partnership will also enable Interswitch to leverage ACI’s global experience in payments infrastructure, security, and compliance to deliver innovation and expand its presence in Sub-Saharan Africa. The partnership between ACI Worldwide and Interswitch is expected to have a positive impact on Sub-Saharan Africa by driving economic growth through increased access to innovative payment solutions. The partnership will equip customers with the ability to quickly and securely make payments, resulting in greater efficiency and better customer service.

Market Price

This strategic partnership is set to leverage each company’s strengths in order to provide more efficient payment systems. The news of the partnership was met with enthusiasm by investors, as the stock of ACI Worldwide opened at $26.9 and closed at $26.6 — up by 2.5% from the last closing price of 26.0. This development indicates an increase in confidence in both companies and the integration of their services.

Interswitch’s strong foothold in sub-Saharan Africa combined with ACI Worldwide’s experience in payment modernization is expected to bring about significant advancements in the payments landscape in the region. The partnership is likely to benefit both companies and their customers, allowing them to take advantage of a wide range of digital payment solutions. Live Quote…

About the Company

Income Snapshot

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Analysis

As GoodWhale, we conducted an analysis of ACI WORLDWIDE‘s financials. Our Star Chart classified ACI WORLDWIDE as an ‘elephant’ – a company with a surplus of assets after liabilities are deducted. This implies that ACI WORLDWIDE is a safe investment for investors who are seeking good returns. Moreover, ACI WORLDWIDE has a high health score of 8/10 when it comes to cashflows and debt, indicating that the company is capable of riding out any crisis without the risk of bankruptcy. When it comes to profitability, ACI WORLDWIDE is a strong bet; however, they are weak in dividend and growth. Thus, investors who prefer short-term returns rather than long-term growth may be interested in investing in this company. More…

Peers

ACI Worldwide Inc competes with Newgen Software Technologies Ltd, Rs2 Software PLC, and Nuix Ltd in the software development industry. The company has a strong product portfolio and a robust delivery model. ACI Worldwide Inc has a strong market presence and a strong competitive advantage.

– Newgen Software Technologies Ltd ($BSE:540900)

Newgen Software Technologies Ltd is a global Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) and Newgen OmniScan platform provider. It has a market cap of 25.06B as of 2022 and a Return on Equity of 14.33%. The company has a strong focus on innovation and has over 3,000 customers in over 100 countries.

– Rs2 Software PLC ($LTS:0MVH)

As of 2022, Rs2 Software PLC has a market capitalization of 262.44 million and a return on equity of 6.7%. The company provides software solutions for the retail industry, including point-of-sale, e-commerce, and customer relationship management systems. Rs2 Software PLC was founded in 2001 and is headquartered in London, England.

– Nuix Ltd ($ASX:NXL)

Nuix Ltd is a technology company that provides software for managing and analyzing data. The company has a market capitalization of 191.98 million as of 2022 and a return on equity of 3.75%. Nuix’s products are used by organizations around the world to investigate data breaches, conduct e-discovery, and manage digital evidence. The company’s software helps customers to make sense of large and complex data sets, enabling them to make better decisions and improve their operations.

Summary

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has recently announced a partnership with Interswitch, a leading Pan-African payments company. The partnership will enable the two companies to collaborate on modernizing payments solutions across Sub-Saharan Africa. This includes leveraging ACI’s UP portfolio of real-time payments solutions and expertise to offer faster, more secure and cost-effective payments options on Interswitch’s existing payment networks.

The partnership will enable both companies to provide customers with more comprehensive payment capabilities and create a better experience for users. This is a positive development for investors in ACI Worldwide as it allows the company to expand its operations into the African market, creating further opportunities for growth and revenue.