ACI Worldwide Acquires Payment Components to Strengthen FinTech AI

ACI Worldwide has acquired Payment Components, a B2B solution provider specializing in payments, Open Banking, and AI for the financial industry, for an undisclosed amount.

This corporate acquisition sees ACI Worldwide incorporating Payment Components' advanced technology and expertise to enhance its offerings in the evolving global payments landscape.

Payment Components provides componentized solutions that support a range of financial institutions, from high street banks to innovative FinTechs.

Its product suite includes aplonHUB for modernizing payment flows and ISO20022 migration, FINaplo Libraries for accelerating financial messaging development, aplonAPI for full lifecycle API management in Open Banking, and UNUapi, a multibanking API connector.

These solutions are designed to manage the complexities of the financial industry, with a strong focus on ISO20022 compliance, Open Banking connectivity, and leveraging generative AI technology for payments.

The company is trusted by over 60 financial institutions worldwide.

This acquisition is a strategic move for ACI Worldwide, aiming to significantly augment its capabilities, particularly within its ACI Connetic platform.

Payment Components' specialized expertise in Open Banking and financial messaging aligns directly with the growing demand for modern, agile payment infrastructure.

The integration is expected to create synergies by offering ACI Worldwide's customers a more comprehensive suite of tools for real-time payments, API connectivity, and compliance with new industry standards like ISO20022.

The combination of ACI Worldwide's global reach and market presence with Payment Components' innovative and agile solutions is set to bolster their collective ability to serve financial institutions.

The acquisition positions the integrated entity to deliver enhanced capabilities for transforming payment processes and navigating the digital acceleration in banking and financial services worldwide.