ACI Worldwide and Jack Henry & Associates Accelerate Real-time Payments in the U.S.

March 8, 2017         By: Mike Dautner

ACI Worldwide has some exciting news in relation to Jack Henry & Associates.

ACI is a leading global provider of real-time e-payment and banking solutions, and it recently announced that Jack Henry & Associates will utilize ACI’s UP Immediate Payments to connect to over 10,000 financial institution clients and their customers to real-time payments networks. This of course includes The Clearing House Real-Time Payments System and Zelle networks-to accelerate real-time payments within the United States.

On the other side of the ticket, Jack Henry is a leading provider of banking and payment services throughout North America. The company offers cutting-edge, value-added services to consumer and business clients to realize data-full, faster, safer payments.

“As both consumers and businesses now expect real-time payments, our focus is to keep our clients at the center of payments by rapidly delivering these capabilities,” said Greg Adelson, general manager, Payment Solutions, Jack Henry & Associates. “We chose ACI’s UP Immediate Payments because it’s a proven, configurable solution, backed by an experienced global team that truly understands real-time. We provide solutions for several hundred thousand small businesses and believe many of our customers will benefit from the efficiency of real-time payments for payroll disbursements or vendor payments.”

“The real-time world in which we live is driving an evolution in payments,” said Steve Ledford, senior vice president, Product and Strategy, The Clearing House. “We are very pleased to see this capability be extended across the customer base of Jack Henry & Associates—reinforcing the continued ascent of real-time payments.”

“Our collaboration with Jack Henry & Associates will extend the reach of real-time payments to all bank accounts in the U.S.,” said Craig Saks, chief operating officer, ACI Worldwide. “Together, we will help make real-time payments readily accepted, easy to use and effectively aligned with the digital economy. Jack Henry & Associates recognized that ACI’s UP Immediate Payments provides sophisticated business intelligence, liquidity management and exception handling functionality to offer a comprehensive payments service for banks that want to connect to multiple real-time payment schemes.”