News

ACI inks deal with Algerian bank

May 2, 2005

WATFORD, England - ACI Worldwide Inc. (Nasdaq: TSAI), an international provider of enterprise e-payment solutions, announced in a news release that Banque de l'Agriculture et du Développement Rural has gone live with ACI's BASE24 software.

As the largest bank in Algeria, BADR manages a banking network with 290 agencies and 40 branches. BASE24 will enhance the bank's ATM and POS network-transaction processing through improved customer service and reliability.

ACI also is helping BADR develop dedicated in-branch areas for customers to make ATM transactions.

"Leveraging ACI's innovative technology and the company's trusted reputation for service excellence, we are giving our banking infrastructure a complete overhaul," said Mahmoud Mansoura, BADR's director of electronic payments. "Our customers will be able to perform automated transactions at our branches and will also benefit firsthand from reduced waiting times, increased service reliability and, for the first time, support of debit and credit cards with local merchants."

BADR will leverage BASE24 to deploy new functionality, including support for EMV and multi-currency capabilities. The bank is running BASE24 on an HP NonStop platform.

"By offering a modern banking cards operation and complying with the EMV mandate, we are meeting our objectives to provide a high level of service to our customers while raising the standard for consumer banking in Algeria," said said Farouk Bouyacoub, president of BADR.

BADR also is installing ACI Card Management System software to manage its expanding cardholder base. With the system BADR will issue cards, maintain account information, track card usage and set ATM/POS transaction limits. It also will be used to provide PIN processing, card production and online enquiries and reporting.

"BASE24 will enable BADR to reach outstanding levels of reliability, modernizing its core banking structure and delivering a new level of service to its local customers," said Richard Launder, managing director at ACI Worldwide EMEA.