You can find the full text of both statements on the first and final pages of our presentation deck, a copy of which is available on our website and with the SEC. Payments software firm ACI Worldwidehas parted ways with now former CEO Odilon Almeida and appointed Thomas Warsop as interim CEO, effective immediately. Our year-to-date results demonstrate the predictability, resilience and growth momentum of ACI Worldwide. All rights reserved. Facebook gives. Good day ladies and gentlemen and welcome to the ACI Worldwide, Second Quarter 2022 Conference Call. This concludes todays conference. Who goes ahead. So I think it is more of an effort on sales effort than anything else. You may opt-out by. As the U.S. makes a move to encourage use of real-time payments, its following other nations in adopting the real-time advance. Significantly bigger than that and very skewed to international markets overall as planned, as expected. Who will be back. | Learn more about Sesselja Ingibjrg Bardal Reynisdottir's work experience, education, connections & more by visiting their profile on LinkedIn Billers, we spent a lot of time and effort on migrating from the data center of Western Union last year. Japan Card Network, Japans Central domestic payments network has selected ACI as its digital platform partner to modernize its payment infrastructure. When we went out of our Q4 earnings, we said we are continuing to see that here in the first half of this year. I wanted to drill into bill pay a little bit. Embrace your Cultural In summary, we delivered another strong quarter in line with guidance and consensus. Almeida: I have faced very volatile markets and moments in Brazil and Latin America, from hyperinflation to all kinds of economic plans and political instability. On todays call we will discuss the companys second quarter 2022 results and ACIs financial outlook for the rest of the year. The estimated Net Worth of Odilon Almeida is at least $8.65 Million dollars as of 8 November 2021. It's all about market share, it's all about sales efficiency and about, again, the culture of accountability, the culture of growth that we are establishing. See Photos. View Odilon Almeida results in Florida (FL) including current phone number, address, relatives, background check report, and property record with Whitepages. Just for my benefit and those on the call, when do we start to get revenues in from those new opportunities? Sir, the floor is yours. We repurchased a little more than 900,000 shares for $25 million during the quarter and have repurchased approximately 2 million shares for $63 million year-to-date, and we have $154 million remaining on our current repurchase authorization as of the end of June. Almeida: I was raised with a strong commitment to family in a culture that treated those around us as an extension of family, even if you werent a blood relative. Keep your Immigrant Perspective (See Opportunity in Everything) Who is invested. And net new ARR bookings in Q1 were $21 million, more than double what we signed in Q1 last year. Origin: German. Potomac Officers Club provides you with Daily Updates and News Briefings about Executive Profiles, Tags: ACI Worldwide Alpargatas Colgate-Palmolive Executive Profiles financial technology LinkedIn Odilon Almeida The Coca-Cola Company Western Union, The Potomac Officers Club is a membership organization for executives in the government contracting space. Some are divestitures, some are acquisitions, all of them are accretive to the company. So very, very positive about the trends with banks. So I wanted to, if we could, Odilon, go more into detail on some of the segments. And finally, turning to our outlook for 2022. And we are -- our winning rate in our cloud offering today for new logos is significantly higher than our winning rate on-premise today, which also shows the trend that shows how are we investing in the future of banks and intermediaries. We thank you for your participation. Who comes. Warsop, 56,joined ACIs board in 2015 and became non-executive chairman just five months ago in June, according to his profile on ACIs website. So you can expect that real-time payments will continue to drive growth in the payments industries going forward. Who resigns. To help provide for an orderly transition, the Board intends to enter into a transition services agreement with. And when you go to Billers, I can tell you that we have never had this strong pipeline as we have today. ACI Worldwide, Inc. (NASDAQ:ACIW) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET, Odilon Almeida - President, Chief Executive Officer, John Kraft - Head of Strategy and Finance. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Who helps. We are using cookies to give you the best experience on our website. Thanks Odilon and good morning everyone. Who is selected. Got it. Now, let me turn to some latest trends and wins. Who is good. Who scolds. Hello everyone! There are 1 executives at ACI Worldwide Inc getting paid more, with Ram Puppala having the highest compensation of $1,056,554. Who wants to go. So you can think about the next generation of our BASE24 or switch or issuing or acquiring our RTP. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Odilon Almeida, president and CEO of payments software company ACI Worldwide, says there is no sign of the Covid-19 crisis impacting real-time digital payments this year or moving forward. Who does well. So overall, we had a strong start to the year, delivering another quarter at or above the guidance we provided, and we are on track to deliver our full year outlook. This year, we are cementing our mid-single-digit organic growth and positioning the company to deliver upper single digits by 2024. Yes, this is Scott. This greater purpose is important immaterial of rank and file. Llopis: A 21st century leader is entrepreneurial by nature, constantly building relationships, taking smart risks, learning rapidly all with the objective of making a positive impact. South Koreas Lotte Card Co., a leading credit card conglomerate with the largest distribution and service network nationwide, has appointed ACI to build the core foundation of its credit card business. Who is thrilled. Previously served in management roles of increasing responsibility at BankBoston (now Bank of America), The Coca-Cola Company and Colgate-Palmolive, working in United States, Canada, Brazil and Mexico. I can tell you that the payments infrastructure continued to be mission critical for the banks and there is a revolution coming right, real-time payments, and they understand that, and they understand that they need to modernize that part and that part is again, the center of the systems of banks. They work with a generous purpose and fuel momentum for themselves and others. This type of adaptability has enriched my professional capabilities, enabled me to work with people and organizations regardless of culture, and positioned me for my current role at Western Union., 5. We continue to cement our annual mid-single digit organic revenue growth, while positioning the company to grow by 7% to 9% by 2024. It looks like the bank business has been superb, and I guess we can thank Jerome Powell for some of that. Odilon Almeida. Glenn Llopis: A 21st century leader sees opportunities everywhere, every day, and makes the most of them. I am pleased with the significant wins in the second quarter, and now I will turn it over to Scott to discuss financials and forward guidance. We are winning all around the globe, sometimes with the local hub, sometimes with the connections of the banks to the local hub. Almeida: The importance of empathy or having a generous purpose cannot be overstated, especially for leaders. Altimeter Capital CEO Brad Gerstner on the A.I. VP & Chief Revenue Officer. I learned from my mother the centrality of integrity. So I would say top of mind for banks around the globe, if youre asking me about you know recession, I mean whats happening with the economy, I think my line on that is it depends on how deep it is, how last it will go. Who kicks back. We expect 2022 to be an inflection point for ACI. You may disconnect your lines at this time and have a great day! In my role I dont see borders, I see opportunities. We did the same thing here with Q1. Odilon is pronounced similarly to Edelin. A company spokesperson declined further comment. 1. This value is top of mind for me as I lead my organization every day., 6. Perfect! Who is refunded. Live with an Entrepreneurial Spirit (Innovation Comes Second Nature). It is making our business more predictable and our growth momentum clear. Who is there. Who congratulates. Who is welcomed. I'd say that we really saw a lot of -- there was pent-up demand, if you look at -- in particular, on the bank side on license in the early part of last year that really picked up in the second half. Many times in my life she asked me, But what do you think about this? This guidance has shaped my way of thinking and keeps my eyes open to how the wind may blow from one direction or another. Like many who have found success in leadership positions, he embodies the six characteristics that define what it means to be a 21st century leader. Please go ahead. Odilon Da Silva. Odilon Almeida See Photos I'm pastor of biblical shcool New Time at Missao Oeste Do Par Lives in Manaus, Brazil Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Lives in Guarulhos Odilon Almeida See Photos Lives in Maring Odilon Almeida See Photos Odilon Almeida That really gets into kind of the mix of what license deals get done before the end of the quarter and which ones don't. Mr. Odilon Almeida was first elected to the Board of Millicom in May 2015. Who accepts. Our Boots on the Ground approach continues to deliver significant wins across international markets. That's great to hear. To help provide for an orderly transition, the Board intends to enter into a transition services agreement with Almeida through November 30, 2022. Who has to go. A leading global clothing merchant will use our newly launched chargeback indemnification service. So with international markets, global merchants around the globe -- global merchants, they are on globe, sorry, all merchants, international markets and you have the next generation of payments. And then if you could also touch on some of the investments you guys are making here for future growth, that would be great. So it is performing as expected. Who leaves late. Who earns it. In addition, he has proven expertise leading digital transformations, aggressively growing digital revenues for global businesses, expanding digital footprints and creating omni-channel strategies. Get the free daily newsletter read by industry experts. Please go ahead. The estimated Net Worth of Odilon Almeida is at least $8.5 Million dollars as of 8 November 2021. Odilon, how would you characterize your pipeline today from a geographic or segment perspective versus, let's say, 3 months ago given the macro environment? Who is over. That's a great question because the pipeline is all about the future. We will take your questions at the end. Davidson. Mary Harman, Nominating & Corporate Governance Committee Chair, said: As ACI advances its vision to lead the real-time payments revolution, the Board determined that now is the right time to transition to a new leader focused on accelerating our technology transformation and delivering operational excellence across our business. First quarter revenue totaled $323 million, up 13% or 14% on a constant currency basis from Q1 last year. When you talk about Merchants, you can see that in Merchants, we are going back to 8% constant currency basis, we believe that this segment can give double-digit growth, around 10%, low teens, I would say. Thanks, Odilon, and good morning, everyone. Almeida had done a good job here of accelerating growth and refocusing the company, becoming more competitive and fine-tuning the product portfolio, Vafi said. Who regrets. A native of Brazil, I've lived and worked in cities in the U.S., Canada and Brazil. Odilon? I will never forget where Ive come from, and I know where I am going next.. Who excites. Who has a vote. Please. Who exits. POC, owned and operated by Executive Mosaic, regularly reports news on the government contracting industry and the many types of companies involved in it. Please disable your ad-blocker and refresh. Customers use its proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. Who is sad. So the point is we are not only projecting this year to be strong, solid and predictable, but also we are coming with a very strong not only pipeline, but fine to guarantee that we have also a bright year next year. Who leaves early. Who mourns. DEMOGRAPHICS), Odilon has yet to be listed in the list thus far. And where do you see the most opportunity to add to your pipe as we look at the rest of the year? ACI Worldwide, Inc. (ACIW) CEO Odilon Almeida on Q3 2021 Results - Earnings Call Transcript Nov. 06, 2021 3:59 PM ET ACI Worldwide, Inc. (ACIW) SA Transcripts 128.49K Follower s Q3:. I wouldn't say we have any particular update. This quarter's strong organic revenue growth and significant new business wins demonstrate the continued execution of our Fit for Growth and Focus on Growth strategy. As someone who has argued for double-digit organic growth for over a decade, the fact you've done it 2 quarters in a row, I have to give you credit. Scott? September 28, 2022. Adjusted EBITDA for the quarter was $66 million up 10% or 11% on a constant currency basis from Q2 last year, and net new ARR bookings in Q2 were $18 million, up 3% from Q2 last year and up 43% year-to-date. He stabilized and accelerated the global business growth, while driving transformational growth in the digital business, establishing Western Union as the global digital leader in P2P cross border money transfer. Payments company ACI Worldwide has fired its CEO, Odilon Almeida, the company disclosed in a regulatory filing Tuesday. Mr Almeida owns over 15,352 units of ACI Worldwide Inc stock worth over $4,864,736 and over the last 9 years he sold ACIW stock worth over $2,984,293. Who leaves. You can find the full text of both statements on the first and final pages of our presentation deck, a copy of which is available on our website and with the SEC. Who can say it? And I think that's what the whole journey is about. Who says what. Who is successor. Omans Central Bank will use ACIs real-time central infrastructure software to drive immediate payments as the country modernized towards a cashless society. Almeida: As one of the leaders in a Fortune 500 company, I find I must nurture and act on my entrepreneurial spirit daily, while navigating and building an organization that has the infrastructure necessary to serve about 10,000 employees who live and work in over 50 countries and speak more than 37 languages. Get started Served as President of Western Union Global Money Transfer from 2017 to 2019, where he managed $5 Billion of business in more than 200 countries and territories. Whos number 2. Today's call is subject to safe harbor and forward-looking statements, like all of our events. March 2020 is the month in which Almeidas tenure as CEO began. (2000 U.S. It is the star of the payments around the globe. Let Payments Dive's free newsletter keep you informed, straight from your inbox. Bigger than the pipeline that we have 2 quarters ago. We want to hear from you. Mr Almeida owns over 15,352 units of ACI Worldwide Inc stock worth over $4,711,676 and over the last 9 years he sold ACIW stock worth over $2,984,293. Maybank partners with ACI worldwide to drive and transform the bank's increasing real-time transactions for its digital channels; we will modernize Taiwan's NCCC, the national switch, representing 23 members; KNET, Kuwait's leading payment gateway for online transactions, will modernize its electronic banking services using ACI; Redbanc, Colombia's leading payments network, will use ACI issuing to expand services to local and regional banks. So everything under plan at this point. Who is victim. So for banks and intermediaries, the answer is a much more significant pipeline than 3 or 6 months ago. Over the last 16 years, insiders at ACI Worldwide Inc have traded over $13,121,900 worth of ACI Worldwide Inc stock and bought 163,169 units worth $3,555,717 Okay. Who is victor. 1. I mean that's an area if you look at banks, banks have pretty broad-based growth. Served in various leadership capacities for Western Union from 2002 to 2016, including President Americas and Europe, President Americas and Senior Vice President and Managing Director, Latin America and Caribbean, Serves on the Board of Millicom International Cellular S.A. (NASDAQ: TIGO) and chairs the Boards Compliance and Business Conduct Committee. Who obeys. He was born in Brazil and he and his family live in Miami, FL. Computer and internet geek with passion for Android | Learn more about Hilmar r H Egilson's work experience, education, connections & more by visiting their profile on LinkedIn Subscribe to Payments Dive for top news, trends & analysis. ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war), ALTERNATIVE FORMS VIA ODILO Odile, Odilio, Otildo, Odilon is an uncommonly occurring given name for men. Thank you for the question, Joe. That takes around six to 12 months to launch most of the time on a subscription basis, and then you have merchants, that takes around also three to six months to launch. He also took courses from IMD and Harvard Business School. Within this landscape, ACI remains at the forefront of real time payments across the globe by leading national payment schemes for central banks and connecting national banks to national systems. Other recommended sound-alike names are Adison, Adisson (see Addison), Admon, Adron, Aimon, Allon, Arion, Brion, Buiron, Caidon, Dallon, Dalon, Deion, Delon, Dillon, Dilon, Dion, Dixon, Dyllon, Edison, Edmon, Edson, Eilon, Einon, Elon, Emilion, Gidon, Gillon, Gilon, Gilson, Haimon, Hilton, Ilon, Jaelon, Jailon, Jaison, Lidon, Lion, Liron, Marlon, Mellon, Milton, Miron, Neilson, Nilson, Oberon, Odall (see Odell), Odell, Odhran, Odie, Odin, Odo, Odolff, Odon, Ogdon, Oisin, Olen, Olin, Olyn, Orion, Orlan, Oron, Rion, Simon, Sion, Tallon, Talon, Taylon, Tildon, Timon, Verlon, Waylon, Wilson and Wilton. Billers was down year-over-year. Yes, just to complement George. For example, 30 percent of our consumer to consumer transfers fund education. Who is at C-level. With that, I will pass it back to Odilon for some closing comments. We tend to focus on the result to be delivered, on the matter to be solved, and not on the individual who will make it happen. Secure and increase the performance of your investments with our team of experts at your side. This year, as we said last time, we are projecting around mid-digit growth. Mr. Almeida strengthens the Millicom Board with decades of experience from the financial services and fintech sectors, and a leadership style anchored in growth acceleration and business turnarounds involving retail and digital transformation, organic growth and successful M&A. Works at Associao I Capoeira. Who loses. [Operator Instructions] Please note that today's conference is being recorded. Almeida to Assume Role Effective March 9, 2020 Two Decade Payment Industry Veteran Brings Track Record of Value Creation and Proven Expertise Leading Digital Transformations . So real-time up 60%. Who is vested. We're already talking to the banks about that. Who packs in. We are following the pipeline very close. With that, I'd like to turn the call over to Odilon. We announced a $250 million share repurchase authorization in December with plans to use a significant portion of this in the near term.
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