ACI Worldwide Powers Internet Banking and Loan Payments for Langley Federal Credit Union
ACI Worldwide (NASDAQ:ACIW) , a leading global provider of electronic payment and banking solutions, today announced that Langley Federal Credit Union has selected the company to power its internet banking and loan payment initiatives.
With more than 203,000 members across the Mid-Atlantic, Langley is ranked as one of the top 100 largest credit unions in the United States. As it expands its online service offering, Langley felt it imperative to offer premium modules, including Entitlements, ACH and Wire services to its members-individual, Micro and small office/home office (SOHO)-that are increasingly embracing internet banking, the credit union’s fastest growing channel.
In order to deliver an optimal user experience, Langley selected ACI’s Architect Banking solution. Langley is hosting its internet banking application in ACI’s secure and fully compliant data centers, which host banking and payment solutions for more than 4,000 financial institutions, retailers and billers.
ACI Architect Banking is a single end-to-end solution for banking, bill pay, mobile, marketing and administration that gives financial institutions control, choice and flexibility to quickly respond to both consumer and business needs. Along with the single platform experience it provides for mobile, desktop and tablet, ACI offers Langley the ability to enhance the solution in the future with Architect’s intuitive software developer’s kit (SDK).
Langley has grown its loan portfolio by more than 30 percent annually over the past two years, requiring the credit union to increase self-service options. Langley selected ACI’s UP Bill Payment Solution, One Time Pay, to power the future growth of its loan portfolio. The credit union will be able to service members with debit card and ACH bill payments from their channel of choice, including mobile, web, IVR and call center.
“For more than 80 years, we have followed our vision of being our members’ partner of choice for financial success. And this means delivering them the richest banking experiences,” said Tom Ryan, President and CEO, Langley Federal Credit Union. “ACI’s deep understanding of credit unions, coupled with its flexible and scalable real-time solutions, help us to remain focused on this vision.”
“As innovative credit unions like Langley expand and evolve to better serve their members, they’re turning to ACI to help drive their growth,” said Eric Labiak, senior vice president, ACI Worldwide. “We provide financial institutions with internet banking and bill payment solutions that are unmatched in the industry, not to mention a great team with a long track record of success.”
About ACI Worldwide
ACI Worldwide, 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.
(c) 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.
Sorry. No data so far.