Coastal Federal Credit Union to Enrich Members' Digital Banking Experiences with ACI Worldwide

NAPLES, Fla.--(BUSINESS WIRE)--

ACI Worldwide ACIW, a leading global provider of electronic payment and banking solutions, announced today that Raleigh-based Coastal Federal Credit Union, one of North Carolina's leading financial institutions, has selected the company to power its digital banking initiatives.

Coastal serves 200,000 members from more than 1,400 select employee groups. Part of a national network of 5,000 shared branches and more than 80,000 surcharge-free ATMs, Coastal prides itself on delivering optimal services—anytime and anywhere—to its members. As more of its members have embraced online and mobile banking, the credit union needed to upgrade to a proven and scalable solution. Coastal selected ACI's Architect Banking solution, which it will implement by the end of this year.

Coastal is hosting Architect Banking in ACI's secure and fully compliant data centers, which host banking and payment solutions for more than 4,000 financial institutions, retailers and billers. Architect Banking is a single end-to-end solution for banking, bill pay, mobile, marketing and administration that gives credit unions and community banks control, choice and flexibility to quickly respond to both consumer and business needs.

"For more than 45 years, we have focused on the banking needs of a tech-savvy membership that is quick to adopt the latest technology. We're committed to providing them with the best service and most innovative offerings, making member banking experiences intuitive, feature-rich and customizable," said David Faleski, vice president, Digital Banking, Coastal. "ACI's best-of-breed banking solution allows us to continue delivering on this commitment."

"With ever-increasing competition and myriad banking options, being able to offer members the optimal digital banking experience is paramount to all banks, let alone any organization," said Eric Labiak, senior vice president, ACI Worldwide. "Banks continue to turn to ACI because of our great team, superior payments technology and long track record of success."

About ACI Worldwide

ACI Worldwide, the Universal Payments company, powers electronic payments and banking for more than 5,600 financial institutions, retailers, billers and processors around the world. ACI software processes $13 trillion each day in payments and securities transactions for more than 300 of the leading global retailers, and 18 of the top 20 banks worldwide. Through our comprehensive suite of software products and hosted services, we deliver a broad range of solutions for payment processing; card and merchant management; online banking; mobile, branch and voice banking; fraud detection; trade finance; and electronic bill presentment and payment. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

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