Paytech ACI Worldwide introduced that Berlin-based embedded finance platform Solaris SE will consolidate all SEPA funds onto ACI Worldwide’s ACI Connetic cost hub.
Unveiled earlier this 12 months, ACI Connetic is a unified answer that integrates account-to-account (A2A) funds, card processing, and fraud prevention inside a single, cloud-native structure.
Based in 1975, ACI Worldwide has been a Finovate alum since 2011.
Simply months after launching its centralized cost hub, ACI Connetic, ACI Worldwide has introduced that European embedded finance platform, Solaris SE, will consolidate all SEPA funds onto ACI’s cloud-native funds answer.
“ACI Connetic represents a big step-change in our dedication to supporting monetary establishments as they navigate the complexities of the worldwide funds panorama,” ACI Worldwide CEO and President Tom Warsop stated. “In an setting of accelerating funds complexity and regulatory calls for, ACI Connetic delivers the agility, resilience, and innovation required to drive digital transformations, sustainable progress, and long-term success.”
ACI Connetic is a unified answer that integrates account-to-account (A2A) funds, card processing, and AI-powered fraud prevention inside a single, modular, cloud-native structure. ACI Connetic helps monetary establishments simplify their operations, innovate quicker, and meet rising regulatory and compliance necessities with better agility and fewer price.
Solaris SE joins numerous monetary providers firms world wide—together with main clearing and settlement programs—which can be integrating their cost capabilities into ACI Connetic. These early adopters embody the Financial institution of England, Swift, the US Federal Reserve, and The Clearing Home. The corporate’s partnership announcement with ACI Worldwide comes at a time when the advantages of centralized cost processing have gotten extra obvious to each monetary providers analysts and monetary establishments.
“Migrating our immediate funds capabilities to ACI Connetic marks a key milestone in Solaris’ digital transformation and progress journey,” Solaris SE CEO Carsten Höltkemeyer stated. “It future-proofs our funds infrastructure, accelerates service innovation, and enhances the worth we ship to companions and their clients throughout Europe.”
Primarily based in Berlin, Germany, Solaris SE was initially established as part of incubator and accelerator, Finleap. As Solarisbank, the corporate secured its German banking license in 2016. The corporate rebranded to Solaris in 2022, a transfer which coincided with the agency altering its authorized standing from a German AG (Aktiengesellschaft) to an SE (Societas Europea or European firm). Right now, Solaris SE gives a Banking-as-a-Service (BaaS) platform that permits companies—from SMEs to multinational firms—to embed a variety of economic options from digital banking and funds to playing cards and lending.
A Finovate alum since 2011 and an alum of our builders convention FinDEVr Silicon Valley, ACI Worldwide gives options that energy clever, real-time, funds orchestration to allow banks, billers, and retailers to deploy fashionable cost applied sciences seamlessly and securely. The corporate serves the highest 10 banks worldwide; allows greater than 80,000 retailers straight and by way of PSPs; and offers 1000’s of companies and organizations with billpay options. Based in 1975, ACI Worldwide now processes 25 billion cloud transactions and greater than 225 billion shopper transactions yearly. The corporate is headquartered in Elkhorn, Nebraska.
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