ACI Worldwide Powers Digital Banking for MB Financial

NAPLES, FLA, Oct. 17, 2017 (GLOBE NEWSWIRE) — ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that MB Financial Bank is utilizing ACI’s Universal Online Banker solution for its corporate banking customers.

 

With approximately $20 billion in assets, Chicago-based commercial bank MB Financial has been serving the financial needs of businesses for more than 100 years. The bank was looking for both a modern digital cash management solution to meet the sophisticated needs of its large corporate customers and a proven partner able to deliver on rapidly evolving banking innovations. MB ultimately selected ACI’s Universal Online Banker as its digital cash management replacement, successfully migrating thousands of existing commercial customers to the advanced digital banking platform.

 

“Digital channel conversions are extremely complex and it’s critical to select a partner that can deliver on its commitments,” said Shawn Griffin, senior vice president, treasury management, MB Financial Bank. “After successfully migrating to ACI’s cloud-based Universal Online Banker, they met our expectations around performance, speed to market and intuitive user experience for our customers. ACI understands the marketplace—and has a forward-looking approach to digital banking.” 

 

“As the banking landscape becomes increasingly competitive, it’s imperative for financial institutions such as MB Financial to provide best-in-class solutions for its corporate customers,” said Mike Braatz, senior vice president, ACI Worldwide. “We are proud that MB placed its trust in ACI—and that financial institutions are turning to Universal Online Banker for a competitive advantage in digital banking.”

 

Universal Online Banker is a cloud-based, award winning digital banking platform. The strength of Universal Online Banker lies in its powerful features built within a user interface designed especially for ease-of-use and a technology platform with easy integration, flexibility and scalability. The feature-rich functionality offers user-driven balance and transaction reporting, sophisticated entitlements and approval capabilities, extensive payment types including NACHA, domestic and international wires, and federal and state tax. Universal Online Banker is built on the UP framework that provides easy integration to back office systems, third parties and end users through ACI’s extensive API library.

 

About ACI Worldwide

ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

 

About MB Financial Bank

MB Financial Bank’s holding company, MB Financial, Inc., is traded on the NASDAQ as “MBFI.”

MB Financial has approximately $20 billion in assets. MB Financial Bank (http://www.mbfinancial.com) is a locally operated financial institution that has been delivering competitive personalized service for over 100 years to businesses and individuals who live and work in the Chicago metropolitan area.

 

© Copyright ACI Worldwide, Inc. 2017. 
ACI, ACI Worldwide, ACI Payment Systems, the ACI logo, ACI Universal Payments, UP, the UP logo, ReD, PAY.ON and all ACI product names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI’s sole discretion. ACI is providing the following information in accordance with ACI’s standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2d56cf07-d0b7-4e10-9a0f-fac33a749d2c

CONTACT: Andrea Snyder
ACI Worldwide
6466754451
andrea.snyder@aciworldwide.com