Of Special Interest

26th June 2012

Crédit Agricole uses ACI for payments system overhaul

Crédit Agricole is using ACI worldwide for a major payments overhaul. It has implemented BASE24-eps running on IBM Power 770 systems.

The first step of this overhaul program was the creation of a new vendor-independent ATM acquiring solution to support Credit Agricole's network of 22,000 ATMs. The latest element of the project involved the creation of an international switch, enabling Credit Agricole Cards and Payments' to route its clients' payments directly to MasterCard, without going through the national switch in France. This will deliver significant cost savings. Credit Agricole Cards and Payments has also started working with ACI to use BASE24-eps for transaction authorisation for the 30 million cards issued by the various Credit Agricole institutions.


"ACI's solutions enable finanancial institutions to perform efficiently and effectively so they can maximise the benefit to their customers," said Ralph Dangelmaier, president of global markets and services at ACI Worldwide. "By helping them to deliver cutting edge technologies which result in greater efficiencies we are helping them assume a stronger position in today's global economy. We look forward to developing our relationship with Credit Agricole and contributing to their future success."

"We are committed to investing in the best technology to enable us to deliver the best possible service to our customers," said Bernard Noel, CEO of Credit Agricole Cards and Payments. "ACI is a global leader in payments and was the clear choice of partner for Credit Agricole Cards and Payments. When we selected BASE24-eps we knew we were getting a solution that could grow with us in the future, both in France and internationally, and give us a strong foundation on which to build our business. Our best-of-breed solution will not only help us support Credit Agricole, but also many other clients outside of the group and throughout Europe."

"Credit Agricole Cards and Payments is a great example of an organisation planning to grow internationally and putting the strongest possible footprint in place to support that growth," said James Wallis, Vice President, Global Payments Industry, Finance Sector at IBM. "The team is forward thinking and innovative, and Credit Agricole Cards and Payments joins many other ACI customers in choosing IBM Power systems to run BASE24-eps. The ongoing alliance between ACI and IBM is continuing to show real benefits for our joint customers."