ACI Worldwide connects with Swift's ledger

ACI Worldwide is integrating intelligent routing for Swift’s ledger transactions into its cloud-native payments hub. For retailers and operators, this means the infrastructure supporting your payment processing is becoming faster and more reliable on a global scale. This update focuses on automating how money moves across borders and between different ledgers. While this is a back-end technological shift, it directly impacts the efficiency of your financing operations. If you offer credit or financing programs that rely on real-time settlement or cross-border payments, this technology helps ensure those transactions occur with less friction. It reduces the manual intervention often required when payments stall between different banking systems. For the merchant, the primary benefit is the reduction of 'payment lag.' Faster settlement on the back end means more predictable cash flow and fewer errors when reconciling customer accounts. As consumer financing continues to move toward instant approvals and immediate funding, the plumbing behind the scenes must be able to keep up. This move by ACI Worldwide ensures that the payment rails can support the high-speed demands of modern BNPL and revolving credit products without the typical delays associated with legacy banking ledgers.

Source: Finextra — Lending

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