Webster Bank Selects ACI to Host New Online Banking Platform to Serve Business and Government Clients

ACI Worldwide (NASDAQ: ACIW), a leading international provider of electronic payment and banking solutions, today announced that Webster Bank, a leading regional bank in the Northeast, has selected the company to host its online banking platform.

With $21 billion in assets, Webster Bank provides a variety of business, institutional and consumer financial services through its 166 banking centers and 311 ATMs, as well as via phone, mobile and online banking. In order to serve clients’ online banking needs more effectively, improve usability and bring new features to market faster, Webster is moving to ACI's hosted platform from an in-house system.

Following a thorough evaluation, Webster selected ACI’s industry-leading online banking platform, Universal Online Banker. Webster’s application will run in ACI’s secure and fully compliant data center, which hosts banking and payment solutions for more than 4,000 financial institutions, retailers, and billers.

“Because our clients have numerous options when it comes to online banking, it’s important to differentiate our product offering in this ultra-competitive market,” said Phil Picillo, senior vice president, Treasury & Payment Solutions, Webster Bank. “ACI’s platform will help us to provide organizations with an exceptional online banking experience.”

“Innovative banks like Webster are turning to our hosted offerings to gain a competitive advantage in online banking,” said Jeremy Wilmot, senior vice president and general manager, Americas, ACI Worldwide. “We pride ourselves on being our clients’ trusted partner and Webster’s decision to host its online banking initiatives with ACI validates this trust. We look forward to supporting Webster’s growth now and well into the future.”

About ACI Worldwide

ACI Worldwide, Inc., the Universal Payments company, powers electronic payments and banking for more than 5,000 financial institutions, retailers, billers and processors around the world. ACI software processes $13 trillion each day in payments and securities transactions for more than 250 of the leading global retailers, and 21 of the world’s 25 largest banks. 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.

© Copyright ACI Worldwide, Inc. 2014.
ACI, 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.

Contacts:

Media Contact:
ACI Worldwide, Inc.
Dan Ring, 781-370-3600
dan.ring@aciworldwide.com

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