Westpac New Zealand (Westpac NZ) has completed a major banking technology transformation, by deploying ACI Worldwide’s Universal Payments (UP) portfolio of solutions.
The lender, a long-standing ACI customer, has deployed UP real-time payments and fraud prevention solutions with Agile methodology and DevOps practices through ACI.
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ACI said that Westpac NZ is making use of UP Immediate Payments solution as its financial transaction hub, while core payment processing is handled by UP Retail Payments solution.
The deployment will enable the bank to make changes at speed and rapidly scale up operations to overcome market challenges, the technology vendor claims.
Westpac NZ CIO Dawie Olivier said: “Implementing ACI’s retail payments solution on Linux positions us to fully capitalize on the transformation of both our IT culture and technology stack. We can leverage capabilities across the solutions that are part of ACI’s Universal Payments Framework, and bring them together in a multitude of innovative products.”
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