ACI Worldwide Inc (ACIW) Q4 2019 Earnings Call Transcript

ACI Worldwide Inc (ACIW) Q4 2019 Earnings Call Transcript

I'm joined this morning by Craig Saks, our Interim President and CEO; and Scott Behrens, our CFO.. Following a comprehensive process, ACI has appointed Odilon Almeida as President and Chief Executive Officer, effective March 9, 2020.. The customer signed an amendment to our contract, which renews the current relationship and secures our long-term and secures their long-term commitment to ACI.. We continue to secure strategic wins that validate ACR's strength and leadership across the real-time, retail payments, merchant and e-commerce payments, bill payments and Payment Intelligence areas.. ACI's revenue increased 25% over 2018, with the Speedpay acquisition making an important contribution to both revenue and EBITDA.. On an organic basis in 2019, ACI also grew revenues in key solution areas e-commerce and real-time payments, which represent two of the fastest-growing transaction areas globally.. We see further opportunities to accelerate revenue growth in this business via the additional functionality, including the fast-growing areas of real-time payments and subscription billing.. ACI continues to be successful in winning new business and supporting the growing payment needs of some of the world's largest brands for a range of omni-channel, e-commerce and fraud prevention needs.. Our leading real-time payments, retail payments, digital payments and Payment