ACI Worldwide to Add Microservices Card Switching Through Cranium Acquisition
What's happening
ACI Worldwide has agreed to acquire Cranium Ventures, the developer of SYNAP, a microservices-based, cloud-native card payment switching framework that runs across cloud, on-premises and hybrid environments. ACI plans to incorporate Cranium's SYNAP into its ACI Connetic for Cards offering to add card-switching capabilities and expand its card-processing and card infrastructure reach. Financial terms of the deal were not disclosed.
Why it's trending
This is rising because ACI is moving to embed cloud-native, microservices switching (SYNAP) into its Connetic for Cards stack, signaling a push on modern card infrastructure.
SignalNewly emerging, confirmed across 1 independent source type.
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If you sell or run card systems, here's what ACI's buy of Cranium and its SYNAP switching framework actually changes for you today: it brings microservices, cloud and hybrid switching into ACI Connetic for Cards without a price tag disclosed yet.
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Original sources5
- ACI Worldwide to Add Microservices Card Switching Through Cranium Acquisition
ACI Worldwide has agreed to acquire Cranium Ventures, a privately held developer of cloud-native card payment switching technology, as it seeks to expand its card-processing capabilities. The Omaha, Nebraska, payments technology company said Tuesday (Sept. 1) in a press release that it will incorporate Cranium’s microservices-based switching framework, SYNAP, into ACI Connetic for Cards. ACI [R
PYMNTSSep 3 - ACI Worldwide to acquire Cranium Ventures for Connetic for Cards solutionFinTech FuturesSep 3
- ACI Worldwide to Acquire Cranium Ventures for Card Switching Tech
ACI Worldwide has agreed to acquire Cranium Ventures for its card switching technology. Financial terms were not disclosed. Cranium Ventures developed SYNAP, a microservices-based card switching framework that operates across cloud, on-premises and hybrid environments. ACI will integrate the technology into ACI Connetic for Cards as part of its planned card switching capabilities. The company [...
Fintech News SingaporeSep 3
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