Real-Time Payments Technology: ACI Worldwide, Microsoft to Support Instant Transfers

ACI Worldwide, a global company focused on real-time payments software, has announced a partnership with Microsoft to enhance instant payments transactions through ACI’s Real-Time Payments Cloud (RTPC) platform. Hosted on Microsoft Azure, ACI RTPC is a multi-tenant SaaS platform that serves as a payments interface between financial institutions and instant payments infrastructure, including The Clearing House’s RTP Network and The Federal Reserve’s FedNow Service in the US.

By using ACI’s RTPC platform, financial institutions of all sizes can gain access to both domestic instant payment networks, RTP and FedNow Service. This platform helps to lower barriers to entry and provides direct, real-time access to payment networks so that businesses can increase transaction volumes as they grow.

One example of ACI’s successful implementation is Corporate One Federal Credit Union, a leading credit union in the US. ACI currently supports Corporate One, which serves 14 of the top 50 credit unions in terms of asset size and has over 700 members across 45 states, reaching more than 28.5 million people.

ACI’s collaboration with Microsoft also focuses on security and privacy. With ACI’s AI-powered anti-fraud processing model, clients can securely run payment operations while protecting transactions and the privacy of financial institutions and aggregators. This ensures that financial institutions can effectively prevent, detect, and recover from cyber incidents, regardless of their system complexity and legacy infrastructure.

ACI RTPC is the result of ACI’s extensive experience processing real-time transactions across the globe, supporting 25 schemes worldwide. The company is fully certified for the FedNow Service and is a designated FedNow Instant Payment Pioneer, having participated in the service’s pilot program with the Federal Reserve.

ACI Worldwide specializes in mission-critical, real-time payments software that enables secure and scalable solutions for corporations, fintech firms, and financial disruptors. Their software facilitates digital payments, omni-commerce payments, bill payments, and fraud and risk management.

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