Recent data from the Federal Trade Commission (FTC) shows that U.S. fraud losses topped $10 billion in 2023, indicating that the risk of cybercrime has soared to unprecedented heights. And digital tools have an increasingly important role to play in both perpetuating these threats, “making it easier...
As grocers look to better understand their shoppers’ behavior, a PYMNTS Intelligence report finds that half are investing in the ability to track customer habits across digital and physical channels. By the Numbers The PYMNTS Intelligence study “Big Retail’s Innovation Mandate: Convenience And Personalization,” created...
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a recent survey conducted by PYMNTS and ACI Worldwide, mobile wallets are now the preferred method...
The emergence this year of generative artificial intelligence (AI) reshaped the business landscape. For the most part, it was a good thing. A great thing, even. The world had never seen a technology like AI, and rapid advances in its capabilities over just the past...
January 04, 2024
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a recent survey conducted by PYMNTS and ACI Worldwide, mobile wallets are now the preferred method for paying bills, surpassing QR codes and NFC tap-to-pay options. […]
December 19, 2023
In a rapidly changing digital world where real-time payments are becoming increasingly popular, it’s easy to assume that traditional payment methods like wire transfers and ACH payments are losing their...
October 23, 2023
Digitally savvy consumers, particularly millennials, are finding mobile wallets to be an attractive and practical alternative to traditional physical wallets. In “The Mobile Wallet Challenge: Replacing Physical With Digital,” PYMNTS...
September 26, 2023
As attractive as innovative new technologies appear, it’s important to remember they are just tools. And any tool, when in the wrong hands, can also be used for the wrong...
November 28, 2023
ACI Worldwide has teamed with Mexipay to promote real-time payment use in Mexico. The partnership, announced Tuesday (Nov. 28), will see Mexipay use ACI’s payment platform to deploy ISO 20022 real-time payments and other payment services in Mexico. “Mexico was an early adopter of real-time payments, with its Sistema de Pagos Electronicos Interbancarios system in place since 2004, and […]
October 30, 2023
ACI Worldwide has appointed Abe Kuruvilla, formerly chief information officer at CoreLogic, as its new chief technology officer (CTO). Kuruvilla’s role will involve leading ACI’s innovation agenda and optimizing the development and delivery...
October 19, 2023
Middle East/North Africa-focused card issuer NymCard has teamed with ACI Worldwide to combat fraud. The partnership, announced late Wednesday (Oct. 18) sees NymCard enhancing its fraud platform with ACI Fraud Management to protect its customers from...
September 19, 2023
ACI Worldwide is working with Microsoft to help financial institutions provide faster instant payments. The payments software firm announced the collaboration Tuesday (Sept. 19), saying it would speed instant transactions via ACI’s Real-Time Payments Cloud...