Market Overview

Rabobank Selects ACI Worldwide to Modernize Card Portfolio Business

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Leading Dutch-based multinational bank selects ACI's Issuer Solution
to bring card management business in-house

Several ACI solutions, including UP Immediate Payments, are at the
forefront of Rabobank's innovation strategy

ACI
Worldwide
(NASDAQ:ACIW), a leading global provider of real-time electronic
payment and banking solutions
, today announced that
Rabobank, a global multinational bank, will utilize ACI
Issuer
to modernize the management of its card portfolio business.
The solution will allow Rabobank to quickly issue new payment products,
including all card types and new tokenized payment products, to better
satisfy the demands of today's consumers and corporate customers.

Based in the Netherlands, Rabobank is a leading, customer-focused
cooperative bank and longstanding ACI customer. Its selection of ACI
Issuer comes against the backdrop of fewer revenue streams for card
issuers
due to a fast-changing payments landscape and the capping of
interchange fees. ACI's card management solution is expected to deliver
substantial cost savings for Rabobank, helping to quickly establish new,
alternative revenue streams. Additionally, Rabobank utilizes numerous
ACI products and solutions, including UP BASE24-eps as well as UP Immediate
Payments
, which has enabled the institution to ready itself for the
evolution of instant
payments
and Open Banking in Europe.

"Partnering with a trusted vendor like ACI will allow us to modernize
our global card portfolio business, which is part of our long-term
strategy to transform our bank into an agile, future-proofed
institution," said Erik Kwakkel, executive vice president, Payment
Services, Rabobank. "We selected ACI Issuer as it will allow us to make
efficiency savings and introduce new products at the same time,
ultimately increasing customer loyalty and revenues."

"We're proud to extend our partnership with innovative global financial
institutions like Rabobank," said Mandy Killam, group president, ACI
Worldwide. "ACI Issuer equips financial institutions with the ability to
issue new payment product types, quickly establish new or alternative
revenue streams and expand their geographic reach. It will give Rabobank
the flexibility and agility to succeed in a changing and competitive
environment."

Key capabilities and benefits of ACI Issuer:

  • enables financial institutions to manage all card types and portfolios
    in different countries and for different issuers on a single platform
    with a common infrastructure, architecture and technology strategy
  • supports national, international and global financial institutions and
    has full multi-currency, multi-product, multi-institution and
    multi-language capabilities
  • supports multiple card programs and product types on the same
    platform; for example, issuers can manage debit, credit, prepaid and
    new wearable payment products with a single card management system
  • increases operational efficiencies and the ability to control cost,
    including maintaining the card scheme's compliancy; which is a
    fundamental part of all ACI products and services
  • provides a consolidated view of all customers and their transactions
    through a single database, supporting easy integration with other ACI
    products

About ACI Worldwide
ACI Worldwide, the Universal
Payments
 (UP) company, powers electronic
payments
 for more than 5,100 organizations around the world. More
than 1,000 of the largest financial institutions and intermediaries, as
well as thousands of global merchants, rely on ACI to execute $14
trillion each day in payments and securities. In addition, myriad
organizations utilize our electronic
bill presentment and payment
 services. Through our comprehensive
suite of software solutions delivered on customers' premises or through
ACI's private
cloud
, we provide real-time, immediate
payments
 capabilities and enable the industry's most complete omni-channel
payments
 experience. To learn more about ACI, please visit www.aciworldwide.com.
You can also find us on Twitter @ACI_Worldwide.

© Copyright ACI Worldwide, Inc. 2018.
ACI, ACI Worldwide, ACI
Payment Systems, the ACI logo and all ACI product names are trademarks
or registered trademarks of ACI Worldwide, Inc., or one of its
subsidiaries, in the United States, other countries or both. Other
parties' trademarks referenced are the property of their respective
owners.

Product roadmaps are for informational purposes only and may not be
incorporated into a contract or agreement. The development release and
timing of future product releases remains at ACI's sole discretion. ACI
is providing the following information in accordance with ACI's standard
product communication policies. Any resulting features, functionality,
and enhancements or timing of release of such features, functionality,
and enhancements are at the sole discretion of ACI and may be modified
without notice. All product roadmap or other similar information does
not represent a commitment to deliver any material, code, or
functionality, and should not be relied upon in making a purchasing
decision.

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