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ACI – Nearly 80 percent of banks expect real-time payments and Open Banking will drive payments transformation over time

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ACI - Nearly 80 percent of banks expect real-time payments and Open Banking will drive payments transformation over time

NAPLES, FLA—April 30, 2018—As open banking continues its rapid ascent, nearly 90 percent (87) of banks globally plan to move forward with open APIs, according to new benchmark data, “2018 Global Payments Insight Survey: Retail Banking,” from ACI Worldwide (NASDAQ: ACIW) and Ovum. The benchmark, comprised of responses from executives across financial institutions, merchants and billing organizations such as consumer finance and insurance, also showed that the emphasis on real-time payments has doubled from 31 percent to 62 percent within a 12-month span.

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