ACI Worldwide, a global leader in mission-critical, real-time payments software,Ā announced that leading U.K. retailer Co-op has successfully moved its full stack of payments and fraud prevention technology software into ACIās multi-tenant cloud platform hosted in Microsoft Azure.
As a strategic technology partner of ACI Worldwide, Co-op uses the full range of solutions offered by ACIĀ Payments Orchestration Platform, including in-store, online and mobile payment processing and end-to-end payments and fraud management.
Moving its payments software into the cloud will enable Co-op to operate more efficiently, providing scalability, security and enhanced data protection. The migration, which has been completed successfully, follows ACIās announcement of an expanded multi-yearĀ strategic alliance with MicrosoftĀ to deliver payment solutions in the cloud.
ACIās relationship with Microsoft also supports ACIās AI-powered anti-fraud processing model, featuring patented, proprietary incremental learning technology that allows clients to run payment operations securely and with high resiliency, all while protecting transactions and customersā privacy.
āWe are extremely happy about the successful completion of this very challenging and complex project, for which ACIās support and expertise has been invaluable,ā commented Paul Fletcher, principal solution architect, Co-op Group. āWe are always looking for new ways to meet the needs of our member-owners and customers with the security of data paramount in our approach. The nature of the technology means weāll be able to do things faster and more efficiently, and deliver new, seamless and secure payments experiences to our customers.ā
āOur alliance with Microsoft has accelerated and expanded ACIās cloud payment offerings in Microsoft Azure,ā commented Scotty Perkins, head of product management innovation and modernization, ACI Worldwide. āCo-op is a great example of how ACIās flexibility, proven technology and global expertise can help merchants and financial institutions meet the increasing demands of digital transformation as they increasingly embrace more efficient business and operating models.ā
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