ACI Appoints James C. Hale to Board


NAPLES, Fla.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, announced today the appointment of James C. Hale to its Board of Directors.

Hale has more than three decades of management experience in banking and international payments innovation. Before establishing venture capital firm Financial Technology Ventures (FTV Capital), he served as a senior managing partner at Montgomery Securities where he founded the financial services corporate finance practice and co-founded the Montgomery Financial Fund. He currently serves on the Boards of Directors of Mitek Systems Inc. and Bank of Marin Bancorp, and formerly served on the Boards of Directors at organizations including Official Payments, State Bank of India (California), the National Venture Capital Association and DUMAC (Duke University Management Company).

“ACI is a leader in global payments, with a long history of innovation. Its Universal Payments (UP) offering is uniquely positioned to address the future of payments and has tremendous potential in the industry,” said Hale. “I look forward to working with the executive team and the board to help the company realize its vision of extending its leadership position in global payments.”

“We are pleased to welcome Jim to the ACI board. He is a recognized leader and pioneer in the financial technology industry, bringing a rich understanding of banking and global payments,” said Phil Heasley, president and CEO, ACI Worldwide. “Jim’s track record in innovation and deep sector expertise in enterprise software and SaaS-based financial technologies will contribute greatly to our Universal Payments evolution.”

About ACI Worldwide

ACI Worldwide, the Universal Payments company, powers electronic payments and banking for more than 5,600 financial institutions, retailers, billers and processors around the world. ACI software processes $13 trillion each day in payments and securities transactions for more than 300 of the leading global retailers, and 18 of the world’s 20 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 You can also find us on Twitter @ACI_Worldwide.

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