Erste Bank Hungary Readies for Immediate Payments and Open Banking Era with ACI Worldwide

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Erste Bank Hungary (EBH), is leveraging ACI’s UP portfolio of solutions to drive its open banking strategy, support new revenue streams and at the same time fully meet PSD2 and instant payments compliance requirements.

By utilizing ACI’s UP Retail Payments solution, EBH will be able to ensure real-time balance data will be available 24/7 to all customers across all banking channels. The ability to provide such balances is a crucial compliance requirement of Hungary’s domestic instant payment scheme, which will launch in 2019.

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