ACI Worldwide Acquires Distra to Accelerate Agile Payments Solution Strategy
ACI Worldwide, an international provider of payment systems, has acquired payments software provider Distra. The integration of ACI and Distra technologies will enable financial institutions, processors and retailers to enhance the flexibility and performance of their existing payments infrastructure to address market needs, such as mobile, social channels and payment services hubs. In addition, this acquisition will enable ACI’s payments products to integrate more tightly with customers’ enterprise architectures, reducing their total cost of ownership.
“Financial services institutions are increasingly pursuing enterprise payments strategies that will allow them to process payments in any form via any channel,” said Andy Schmidt, CEB TowerGroup research director. “To achieve this, their payments infrastructures must follow a standards-based, service-oriented architecture [SOA] approach that is flexible enough to accept new formats and support the rapid development and deployment of new products, scalable enough to withstand the ongoing increase in non-cash payment volumes globally, and reliable enough to function on a 24×7 basis.”