STRATEGIC PARTNERS
November 4, 2002
OMAHA, Neb.-- At this week's BAI Retail Delivery Show in Atlanta, ACI Worldwide (Nasdaq: TSAIE) is introducing a multi-platform strategy for BASE24, its core transaction processing software.
The new BASE24-es provides application software to authenticate consumers and acquire, switch and authorize financial transactions online, regardless of the channel in which they originate.
BASE24-es is available on the IBM zSeries and Sun Solaris systems, in addition to HP NonStop systems, according to a news release.
ACI President Mark Vipond said in the release, "We're launching a unique solution that allows us to take our best-of-breed payments software to more markets and platforms."
According to Vipond, existing payment systems are under pressure to scale and adapt to change caused by continued growth in e-payment volumes, mergers and acquisitions, new technology and industry mandates like EMV and triple DES.
"The legacy systems used by many financial service providers have evolved into disparate and redundant systems, with data and services replicated for branch delivery, the ATM system, Web services and other channels," Vipond said in the release. "This silo structure requires multiple interfaces to core systems and can ultimately prevent consumers from getting consistent access to products, services and information."
BASE24-es uses an open systems architecture that allows users to access enterprise-wide services like authentication or e-payment switching and make them available to a number of different types of delivery channels, including the Internet, mobile devices, Web ATMs and branch systems.
The software can also be used to upgrade legacy ATM and point-of-sale systems, adding support for new features such as smart card programs and e-check processing.
According to the release, a new scripting engine will allow customers to easily modify transaction processing logic to meet changing business needs -- for example, to quickly introduce new authorization rules or impose more stringent authentication requirements that help reduce risk and improve customer loyalty.
Vipond said, "For a BASE24-es user, even if their hardware strategies change, they can continue to use the same application software from ACI, running on any platform that ACI supports. This flexibility allows customers to reduce the risk involved in platform migrations and maximize the return on their ACI software investment at a time when ROI is more important than ever."
