ACI Worldwide buys Distra
2012-09-15ACI Worldwide Inc. has signed a definitive agreement to acquire Distra Pty Ltd (Distra). The integration of ACI and Distra technologies is said to enable financial institutions, processors and retailers to enhance the flexibility and performance of their existing payments infrastructure to address market needs, such as mobile, social channels and payment services hubs. This acquisition is also expected to enable ACI’s payments products to integrate more tightly with customers’ enterprise architectures, reducing their total cost of ownership.
Tony Scotto, Executive VP, Global Development, ACI Worldwide said, “ACI has been working toward a goal of building the broadest, most integrated solutions to serve the payments industry, which we call ACI’s Agile Payments Solution strategy. A critical element of achieving this vision is an enterprise payments services bus that can support the integration of multiple payment applications in a highly scalable and reliable manner. The Universal Payments Platform will help accelerate ACI’s ability to achieve enterprise payments.”
Kenneth Larsen, Founder & Chief Technology Officer, Distra said, “Our team embraces ACI’s vision for the future of payments, and has been focused since 1999 on helping customers leverage their trusted payments infrastructure investments to bring new solutions to market more quickly, with reduced risk and costs. I’m proud that the Universal Payments Platform will be an immediate catalyst for innovation and transformation for ACI’s extensive customer base around the globe.”
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