https://www.businesswire.com/news/home/20180724005694/en/

LONDON & NAPLES, Fla.--(BUSINESS WIRE)--Jul 25, 2018--ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time  electronic payment and banking solutions, today announced that Rabobank, a global multinational bank, will utilize ACI Issuer to modernize the management of its card portfolio business. The solution will allow Rabobank to quickly issue new payment products, including all card types and new tokenized payment products, to better satisfy the demands of today’s consumers and corporate customers.

Based in the Netherlands, Rabobank is a leading, customer-focused cooperative bank and longstanding ACI customer. Its selection of ACI Issuer comes against the backdrop of fewer revenue streams for card issuers due to a fast-changing payments landscape and the capping of interchange fees. ACI’s card management solution is expected to deliver substantial cost savings for Rabobank, helping to quickly establish new, alternative revenue streams. Additionally, Rabobank utilizes numerous ACI products and solutions, including UP BASE24-eps as well as UP Immediate Payments, which has enabled the institution to ready itself for the evolution of instant payments and Open Banking in Europe.