ACI Worldwide Inc. (NASDAQ:ACIW) is a payment processing software and related services company that specializes in the development, marketing and installation of a diverse range of banking and payment software to financial institutions. The company has a global reach with a wide distribution network in the Americas, Middle East, Europe, Asia/Pacific and Africa that offers full merchant management, accounting functionality, transaction acquiring, switching and settlement capabilities to banks and other financial institutions in the highly regulated and competitive payment processing industry. The stock of this company is currently showing bearish trends, standing at $44.93 and gradually sliding.
ACI Worldwide, Inc. - A Bearish Beat
ACI Worldwide reported Q1 2013 GAAP revenues of $162 million against industry analysts' forecasts...
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