Security News > 2021 > August > ACI Worldwide expands alliance with Microsoft to deliver payments solutions in the cloud

ACI Worldwide announced an expanded multi-year strategic alliance with Microsoft to deliver payments solutions in the cloud.

The alliance will accelerate and expand ACI's cloud payments offerings in Microsoft Azure as more financial institutions embrace digital transformation.

These organizations required cloud-enabled solutions capable of meeting time-to-market and growth goals, and chose ACI's cloud payments offerings deployed in Azure-enabling them to deliver innovative, market-leading and future-ready payment services to their current and future customers.

"Banks see cloud technology as an important element of payments modernization initiatives. Cloud technology enables banks to run a more cost-efficient operating model while providing the agility and modernity that legacy on-premises models lack. Speed to market and cost savings are mentioned most often as advantages that cloud banking can bring to an organization."

"More of our customers are turning to the cloud to modernize their mission-critical payment systems, driven by the need to operate more efficiently as well as a growing need for speed, agility and innovation in bringing new payment offerings to market," said Jeremy Wilmot, chief product officer, ACI Worldwide.

"Throughout the pandemic, ACI Worldwide has been a leader in keeping the world's banking industry performing optimally and has accelerated the growth curve to the cloud to drive innovation, cost savings, resiliency and new customer experiences," said Bill Borden, corporate vice president, Worldwide Financial Services at Microsoft.

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