Payment Gateways Come to the Fore as Consumer Demand Continues to Grow - Seite 4

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences in step with the way people live and work today. Fiserv and First Data Corporation recently announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The transaction unites two premier companies to create one of the world's leading payments and financial technology providers, and an enhanced value proposition for its clients. This highly complementary combination will offer leading technology capabilities that enable a range of payments and financial services, including account processing and digital banking solutions; card issuer processing and network services; e-commerce; integrated payments; and the Clover cloud-based point-of-sale solution. The combined company will offer comprehensive distribution channels and have deep expertise in partnering with financial institutions, merchants and billers of all sizes, as well as software developers. "Through this transformative combination, we expect to redefine the manner in which people and institutions move money and information," said Jeffery Yabuki, President and Chief Executive Officer of Fiserv. "We admire First Data for its excellence in merchant acquiring and global issuing services, and the tremendous progress they have made under Frank's leadership. We expect this combination to catalyze and support an enhanced value proposition for our collective clients and their customers."

ACI Worldwide, Inc. (NASDAQ: ACIW), the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. ACI Worldwide recently announced that Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and central infrastructure provider, has implemented Malaysia's Real-Time Retail Payments Platform (RPP) using ACI's UP Real-Time Payments solution. The first service offered to the public under the platform is DuitNow, an instant credit transfer with a national addressing database that links mobile numbers and national ID numbers to account numbers. "ACI is proud to partner with PayNet to address the changing needs of the Malaysian payments ecosystem as it evolves and matures, positioning the country as a regional and global payments leader as the trend from cash-based transactions to cashless societies gathers pace," said Leslie Choo, Managing Director, Asia, ACI Worldwide. "The launch of DuitNow marks a significant milestone in Malaysia's real-time transformation - one that has required close collaboration not only between ACI and PayNet, but also with more than a dozen member banks that are bringing these new services to the public."