ACI Worldwide has announced that it has signed a teaming agreement in India with Tata Consultancy Services (TCS). This agreement will leverage the TCS Centre of Excellence in Payments to deliver financial institutions and processors with the best combination of payments products and services to meet their specific needs.
ACI Worldwide provides payments solutions for 15 Indian financial institutions, providing functions such as authentication, authorization, routing, settlement, device driving, merchant acquiring and fraud detection.
TCS works with more than 20 financial institutions in India and has extensive experience implementing and supporting payment systems. This teaming agreement gives organizations the option of working with a service provider with whom they may have already worked, when deploying payment systems from ACI Worldwide.
Jeremy Wilmot, President of Asia-Pacific at ACI Worldwide, said, "India is one of the most forward-thinking nations when it comes to developing electronic payments, and ACI is proud to play a vital role in that growth. The agreement with TCS will provide additional payments expertise and resources to our 250 employees in the country, and ensure our customers can choose the support that works best for their environment, delivering business agility without compromising trust."
