IBM Forges Electronic Payments Alliance
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IBM announced an expanded electronic payments strategic alliance with ACI today.
ACI is a leading international provider of solutions for banking, retail, and cross-industry solutions, and serves more than 800 customers in 84 countries.
As part of this new alliance, ACI will be optimizing a new generation of payment solutions on the IBM System z platform, and will include IBM DB2, WebSphere, and Tivoli software, as well as IBM Crypto-chip technology.
The alliance is aimed primarily at the financial services industry. Banks in particular are struggling to manage aging payments systems running on disparate platforms that are siloed and expensive to maintain.
ACI payments software running on System z provides an SOA foundation that opens up disparate payments information to be shared across the enterprise in support of multiple software applications and lines of business.
In addition to benefiting from the SOA approach, ACI clients that bring their payment transaction traffic to the System z platform can also take advantage of industry leading security, reliability and availability, and help reduce power consumption and maintenance costs through server consolidation.
Learn more about this announcement here.