Topic: How To Invest

Power Growth Investor Hotline – Friday, January 28, 2022

Article Excerpt

ACI WORLDWIDE INC., $34.36, is a buy. Through the stock (symbol ACIW on Nasdaq), investors tap the company’s success as the leading software provider for processing transactions. That includes credit cards, debit cards, automated teller machines, point-of-sale terminals and interbank systems. Its products also work to cut fraud. The company’s more than 5,100 customers include 1,000 global financial institutions and thousands of retail giants. All together, they process $14 trillion in payments a day. ACI recently added a major new customer, Bank Indonesia. It’s Indonesia’s central bank. Bank Indonesia has launched the country’s first real-time payments infrastructure, called BI-FAST. That system will be powered by ACI’s real-time payments technology. Bi-FAST is a key part of the country’s ongoing digital modernization initiative and central to its Payment System Blueprint, called IPS 2025. IPS 2025 aims to transform the payment infrastructure, integrate Indonesia’s digital economy and finance sector, and respond to public demands for a fast, easy, safe, affordable and reliable payment system. Bank Indonesia and ACI…