Banco Safra Launches in the U.S. with ACI Worldwide’s Cloud-Enabled Payments Solutions
June 16 2020 - 8:00AM
Business Wire
Cloud-enabled solutions allow a fast and
effective launch of Banco Safra’s business internationally with the
opportunity to scale as the business grows
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions, today announced
that Banco Safra, the world’s largest privately-owned bank, will
utilize ACI’s UP Retail Payments solution and UP Framework deployed
in the public cloud via Microsoft Azure. Banco Safra will benefit
from ACI’s cloud-enabled solutions and API connectivity as it
expands its operations into the U.S. market with a new acquiring
offering – SafraPay.
Banco Safra provides tailored banking solutions to both
individual and business customers in Brazil and abroad – it is
present in 24 countries and on three continents. Following its
success with ACI in Brazil, Banco Safra sought to replicate the
same success in the U.S. by launching SafraPay. By deploying ACI’s
solutions in the public cloud, SafraPay will not only benefit from
speed-to-market, but also the ability to scale the solution as the
business grows. With ACI’s UP Retail Payments, SafraPay will be
able to handle the volume of transactions and market complexities
in North America.
“Our plans to expand into the U.S. market will depend heavily on
our speed-to-market and ability to scale as our business grows,”
said Helio Sarfaty, CEO, SafraPay. “ACI’s cloud-optimized solutions
will help us meet these technical needs and lower our capital
expenditure and their deep expertise will also help us navigate the
U.S. market and its complexities.”
The industry has begun to reap the benefits of public cloud
platforms, including lower total cost of ownership (TCO),
scalability, speed to market and continuous delivery pipeline,
enhanced development tools, and the integration of platform
services such as data analytics and artificial intelligence.
Through the Microsoft Azure relationship, ACI on-premise customers
benefit from enhanced security as well as a reduction in long-term
capital expenditure, adopting a scalable model for cloud-based
infrastructure. With ACI’s public cloud capabilities, banks,
intermediaries and other organizations committed to innovating and
moving to the cloud will become more agile, deploying new payment
services and ultimately achieving digital transformations more
quickly.
“In the highly fragmented U.S. acquiring market, innovative and
emerging fintechs like SafraPay require a simple, reliable solution
that they can trust,” said Mandy Killam, executive vice president
and growth markets leader, ACI Worldwide. “With ACI’s solutions and
public cloud capabilities from Microsoft, SafraPay will have the
flexibility to adapt to an evolving digital payments landscape and
thrive amid the market disruption.”
About ACI Worldwide
ACI Worldwide, the Universal Payments (UP) company, powers
electronic payments for more than 6,000 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. 2020
ACI, ACI Worldwide, the ACI logo, ACI Universal Payments, UP,
the UP logo and all ACI product/solution names are trademarks or
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Dan Ring dan.ring@aciworldwide.com 781-370-3600
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