ACI Worldwide Inc is a Delaware corporation incorporated in November 1993 under the name ACI Holding, Inc. The Company and its subsidiaries develops, markets, installs and supports software products and services mainly focusing on facilitating electronic payments. In addition to its own products, the Company distributes, or acts as a sales agent for, software developed by third parties. Its integrated suite of software products and hosted services deliver a broad range of solutions for payments processing, card and merchant management, online banking, mobile, branch and voice banking, fraud detection and trade finance. Trusted by 2600 organizations globally, it serves four primary market audiences: Financial institutions, including national, regional and global banks, community banks and credit unions; Processors; Retailers and Billers. Its products cover several different domains within the payments and banking marketplace: Online Banking and Cash Management - the management of payments and cash flows across accounts globally through the online or mobile channel; Branch - the management and processing of monetary, non-monetary, sales and account origination financial transactions; Trade Finance - the management of all trade related transaction types, both traditional trade and open account instruments with the ability for end users to view and track those transactions through the online channel; Community Financial Services - the online and mobile banking and payment systems, and security solutions that service community banks and credit unions; Retail Banking Payments - it provides the software to support in house issuance of payment instruments and the management of a consumer payment from transaction acquiring all through the lifecycle within the banking system to settlement; which it split into Payments Processing, and Card and Merchant Management; Wholesale Banking Payments - the management of primarily corporate payments and messages through their lifecycle including RTGS payments, ACH payments, and SWIFT transactions; Merchant Retail - the management of a consumer payment within a merchant retailer and supporting services such as the management of store and gift card and loyalty programs; Payment Fraud Management - the securing of payments against fraud and money laundering; Payment Infrastructure - the tools and infrastructure to operate and optimize the payments system; Billers - Electronic bill presentment and payment enables the presentment of bills and the collection of payments for these bills from consumers for billers, including, for example, tax authorities, higher education providers, utilities, and health care providers. It's products are sold and supported through distribution networks covering three geographic regions - the Americas, Europe/Middle East/Africa and Asia/Pacific. Its main method of distribution is direct sales by employees assigned to specific regions or specific products. Principal competitors for the Online Banking and Cash Management and Branch product set are Clear2Pay NV/SA, Digital Insight, Bottomline Technologies, ARGO, Fidelity National Information Services, Inc. and Fundtech Ltd, as well as payment processing companies First Data Corporation, Fidelity National Information Services, Inc, and Fiserv, Inc. main competitors for the Trade product set include China Systems, CSI, Misys and CGI. The third-party software competitors for retail banking payments are Clear2Pay, Computer Sciences Corporation, Fidelity National Information Services, Inc., Pegasystems Inc., OpenWay Group, and Total System Services, Inc. as well as small, regionally-focused companies such as Alaric Technology Inc., BPC Banking Technologies, PayEx Solutions AS, Financial Software and Systems, CR2, Lusis Payments Ltd., and Opus Software Solutions Private Limited. In the wholesale banking payments the main competitors are Bankserv, Clear2Pay, Dovetail Software, Fundtech Ltd, IBM, Logica Plc and Tieto Corporation.