ACI Worldwide completed the acquisition of Payment Components, a Greek‑based provider of AI‑powered financial messaging and open banking solutions. The transaction adds Payment Components’ technology to ACI’s cloud‑native unified payments platform, Connetic.
Payment Components serves 65 banks and institutions in 25 countries and uses generative AI to accelerate payment processes. Its platform supports account‑to‑account payments, API management, and financial messaging, and it has a history of delivering open banking APIs and account aggregation services.
The integration of Payment Components’ capabilities into Connetic expands the platform’s functionality and positions ACI to capture a larger share of the open banking market. ACI’s Connetic platform already combines card processing, account‑to‑account payments, and AI‑driven fraud prevention in a modular architecture that banks can adopt to modernize their payment infrastructure.
ACI Worldwide reported Q3 2024 revenue of $452 million, up 24 % from the same period a year earlier, and net income of $81 million, up 115 %. The company’s Bank segment revenue increased 22 % in Q2 2024, while the Merchant segment grew 4 %. The acquisition is not expected to be financially material to ACI, but it strengthens the company’s competitive moat against larger players.
Management said the deal aligns with ACI’s strategy to accelerate the rollout of Connetic and to strengthen its position in the growing open banking market. The addition of Payment Components’ AI‑driven features is intended to provide banks with a lower‑risk path to modernization and a richer set of payment services.
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