But no, nothing that would change the structural change in our licenses. In this position, he turned around and stabilized WUs largest global business following years of volatility and compliance issues, generated top-line continuous profitable growth acceleration and, expanded WUs digital footprint strengthening the companys position as the Global digital leader in Consumer Money Transfer. Odilon Almeida da Silva. He extended his education at Harvard Business School, The Wharton School and the International Institute of Management (IMD). And so I wanted to follow up and just see if I'm misinterpreting the mix. And any update on the crypto part of your business? We recently launched ACI Smart Engage, a mobile engagement platform. Thanks Odilon and good morning everyone. 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. Who excites. Who steps down. or. And I have a follow-up. We repurchased 1.1 million shares during the quarter for $38 million and have $178 million remaining on our current repurchase authorization as of the end of March. Who is a follower. 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. Anything changing there in terms of the average term or anything that could be pulling some revenue forward? Albeit a small portion of the business, it can have a year-over-year impact, but thats up 6% constant currency year-to-date. NAPLES ACI Worldwide, which handles some 20% of the world's payment activity and did $1.01 billion in sales in 2018, named veteran industry executive Odilon Almeida president and CEO. This is clearly one of the stronger results post Speedpay acquisition and I wanted to get a little color in terms of what was driving that growth perhaps from a vertical standpoint or from a geographical standpoint? In addition, he has proven expertise leading digital transformations, aggressively growing digital revenues for global businesses, expanding digital footprints and creating omni-channel strategies. That's great to hear. Our strong balance sheet and cash flow gives us resilience and financial flexibility. Who pays back. Keep. This is a number of quarters in a row, very good to see, but certainly, the last 2 quarters have just been very, very strong from a software license fee perspective. So I'm very confident about the pipeline of Billers, I'm very confident about the signing of Billers this year. Odilon is an unusual surname too for both adults and children. Who is hostile. I wouldn't say we have any particular update. As President and Chief Executive Officer at ACI WORLDWIDE INC, Odilon Almeida made $8,768,059 in total compensation. Who signs. Welcome to the ACI Q1 earnings announcement call. While in the interim role, he will be paid$325,000 per month and is eligible for a $325,000 discretionary bonus based on performance criteria,the company said in the filing. It requires that you focus on the specific strengths of the individual and sometimes this does not come naturally. As you know, we are in the board of FedNow. Thank you all for joining. This website uses cookies so that we can provide you with the best user experience possible. BSkyB REPRINT LICENCE. Consolidation is still going on. So very, very positive about the trends with banks. growth, focus on growth and step change value creation is working, and that our continued focus and disciplined execution of this strategy is gaining traction. We did the same thing here with Q1. 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 And the other main belief that we have, as I said before, 1 of the 4 pillars of growth in international markets and that those international markets continue to overdeliver for us. All Rights Reserved. ENDS WITH -on. Who is over. We will then open the line for questions. This concludes todays conference. What we are building in the cloud with Azure now, we are going to have the minimal viable product for the United States by the beginning of next year, and this is going quite well. But as Odilon Almeida, global chief executive officer at ACI. 1. Log in or sign up for Facebook to connect with friends, family and people you know. We keep you up to date on the latest CEO changes. Who says what. Who is at C-level. Great. Japan Card Network, Japans Central domestic payments network has selected ACI as its digital platform partner to modernize its payment infrastructure. 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. Trusted by millions of genealogists since 2003. We're already talking to the banks about that. Whos number 1. Who regrets. Guest Contributions Mr. Odilon Almeida was first elected to the Board of Millicom in May 2015. Who is at eye level. Some of them are AR for banks and intermediaries. Odilon as a boy's name is related to the Old Germna name Odilo. By PYMNTS | June 7, 2021 | Country by country, real-time payments systems are taking shape, focusing on domestic transactions. Yes, maybe Ill take that and Odilon can add. ACIs board plans to tap an executive search firm in seeking a permanent CEO replacement, the release said. Embrace your Cultural All rights reserved. We see our international business growing much faster than our business in United States and in Europe at this point, and that should continue going forward. 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. ACI Worldwide, Inc. (NASDAQ:ACIW) Q1 2022 Results Conference Call May 5, 2022 8:30 AM ETCompany Participants. Please. Meaning: prosperous in battle. And thank you for joining our second quarter 2022 earnings conference call. It helps bring them into NACHA compliance while enhancing their payment offerings. We announced a $250 million share repurchase authorization in December with plans to use a significant portion of this in the near term. And I think that's what you're seeing quarter after quarter. We are reiterating our full year guidance. Reyndur stjrnandi og frumkvull sem brennur fyrir v a skapa leiandi samflag nskpunar og frumkvlastarfs Norurlandi. Who is blamed. We expect revenue growth to be in the mid-single digits on a constant currency basis or in the range of $1.415 billion to $1.435 billion, and we expect full year adjusted EBITDA of $400 million to $415 million. Llopis: Success comes most to those surrounded by people who want their success to continue. 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. Who distributes. It is making our business more predictable and our growth momentum clear. There are 1 older and 7 younger executives at ACI Worldwide Inc. 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. Today's call is subject to safe harbor and forward-looking statements, like all of our events. Real-time payments had over 60% revenue growth in the quarter, and our fraud detection product was in the mid-20s. Important URLs: [Operator Instructions] Your next question comes from Joe Vafi from Canaccord Genuity. Who sits. We look forward to catching up in the coming weeks. I can tell about that, because Ive been like traveling around the globe and have heard a little about every geography. Who is there. growth of 117% compared to the first quarter of 2021. Who is victor. That's great to hear. He qualifies as independent of major shareholders as well as the Company and its management according to the Swedish Code of Corporate Governance, and relevant rules of the Nasdaq Stock Market. They are excited about this new technology that we are building, and that's all about the future. Almeida, who was terminated without cause, is entitled to severance pay under an existing agreement, as long as he enters into a customary release of claims against the company,ACI said in the SEC filing, . Got it. We are not hearing that at this moment, so Ive not heard anything from banks in Middle East or in Europe or even in Europe right or in Asia or Latin America or United States about delaying investments at this point. The bank segment continues to come a little above what we expect. Odilon Almeida is the president, chief executive officer and a member of the board of ACI Worldwide, a provider of real-time electronic payment and banking solutions. Who is successor. Scott? To help provide for an orderly transition, the Board intends to enter into a transition services agreement with Almeida through November 30, 2022. I think we look at the Merchant business and we had a very strong quarter in recurring revenue last year that was the recovery of the pandemic, and there is the anniversary of that, but I can tell you that we are still estimating a very strong year for merchants in the year to go. Odilon? About us Many are opportunities others don't see. Who is familiar. With that, I will pass it back to Odilon for some closing comments. 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. Who kicks back. 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 . Glenn Llopis: A 21st century leader sees opportunities everywhere, every day, and makes the most of them. In our Merchant business, we continue to ramp up innovative solutions to allow merchants to offer more payment methods for customers. [Operator Instructions] And we do not have any questions at this time oh! We reported organic growth of 13% or 14% on a constant currency basis, and EBITDA growth of 10% or 11% on a constant currency basis. Who goes behind. For some, my home country may be considered a remote part of the globe. Who is honored. He earned his Master of Business Administration (MBA) at Getulio Vargas Foundation in Sao Paulo Brazil and his Bachelor, Civil Engineering at Maua Engineering School in Sao Paulo, Brazil. 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, Harman said in the release. No, nothing new. 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. Who wins. Get started We recorded organic revenue growth of 13% or 14% on a constant currency basis. Who is hero. We want to hear from you. He succeeds Odilon Almeida, who is departing from his role as CEO of ACI., ACI further said: On November8, 2022, ACI Worldwide, Inc. (the Company) announced that Odilon Almeidas employment terminated as President& CEO of the Company.. Who is in quest. Who is bad man. So I would tell you that part of that revenue we can expect this year, but the bulk of the revenue will be next year. A Division of NBCUniversal. On average, ACI Worldwide Inc executives and independent directors trade stock every 44 days with the average trade being worth of $1,160,558. Rabobank, Colombias largest POS network and the top processor has expanded to include ACI Proactive Risk Manager in a cross-sell deal. If you have an ad-blocker enabled you may be blocked from proceeding. It hosts several series of annual events that discuss trends and opportunities in the defense, artificial intelligence, intelligence, cybersecurity and homeland security industries. Who resigns. The oldest executive at ACI Worldwide Inc is Evanthia C. Aretakis, 61, who is the Exec. The estimated Net Worth of Odilon Almeida is at least $8.65 Million dollars as of 8 November 2021. Odilon Almeida's bio reads as follows: President and Chief Executive Officer of ACI since March 2020 Served as an Operating Partner at Advent International, one of the world's largest private equity funds, from 2019 to 2020 Whos number 2. We continue to invest in this segment. Who wants to go. ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war), ALTERNATIVE FORMS VIA ODILO Odile, Odilio, Otildo, Odilon is an uncommonly occurring given name for men. Who is up. Western Unions culture is shaped by five behaviors that guide our actions: Inspired, Connected, Driven, Game Changer and Responsible. I will turn it over to Scott to discuss financials and forward guidance. Sign Up. They work with a generous purpose and fuel momentum for themselves and others. Who bows. As announced by ACI Worldwide Inc. in a news release and in a regulatory filing published on Tuesday, November 8, 2022, Odilon Almeida leaves his post as chief executive officer at the specialist in real-time payments software, after less than three years in the role, effective immediately. Origin: German. Download full size colour image Mr. Almeida (1961) is a senior global leader with an exceptional record of value creation in the financial, fintech, telecom and consumer goods sectors. He also took courses from IMD and Harvard Business School. Who has the last word. Facebook gives. Once again, we delivered results within our guidance and above consensus. Deutsche Payment secure e-commerce, an established provider of innovative e-commerce payment solutions will use the ACI Secure eCommerce solution. The underestimated truth is that we will all get a much better return in our organizations by focusing on strengths over weaknesses. It is these six characteristics that define the most important strengths of the 21st century leader, and that enable us to overcome the perceived weaknesses when we arent letting our authentic values and natural ways we think, act and perform influence our leadership. Well, thanks, everybody, for joining us today. Banks obviously drove the results. So we're in the -- I'd call it, we're in the early months of that partnership, but nothing in particular to update on that. You can find out more about which cookies we are using or switch them off in settings. I wanted to drill into bill pay a little bit. Odilon's mailing address filed with the SEC is 2811 PONCE DE LEON BLVD, PH 1, , CORAL GABLES, FL, 33134. Our year-to-date results demonstrate the predictability, resilience and growth momentum of ACI Worldwide. It is making our business more predictable and our growth momentum clear. Got a confidential news tip? The estimated Net Worth of Odilon Almeida is at least $8.5 Million dollars as of 8 November 2021. Immaterial of where you are from, immersing in diverse cultural and personal norms may sometimes make it feel that accomplishing a task is impossible. John Kraft - VP, IR. Please. Odilon Almeida - President and CEO. Billers was down year-over-year. The name refers to: Odilo of Cluny, sometimes referred to as St. Odilon; Odilon Barrot (1791-1873), French politician; Odilon Lannelongue (1840-1911), French physician and surgeon; Odilon Polleunis (b. We are also very, very happy about this 2 quarters with double digit. 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. As President for the Americas and European Union Region, Odilon Almeida is responsible for Who can say it? Who lies. Who presides. Almeida graduated from Maua Institute of Technology with a bachelors degree in civil engineering before completing his Master of Business Administration degree from the Getulio Vargas Foundation. Sir, the floor is yours. Thank you. On today's call, we will discuss the company's first quarter 2022 results and our financial outlook for the rest of the year. You can see the complete history of Mr Almeida stock trades at the bottom of the page. Who speaks. 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? This year, as we said last time, we are projecting around mid-digit growth. Some examples include: Maybank is the largest financial services group in Malaysia with strong regional footprint in Asia. Odilon Almeida Da Silva. Secure and increase the performance of your investments with our team of experts at your side. Whos in. That's why we are in the guidance. He used to tell me that youd better learn to like what you have to do. I joined Western Union because it is a purpose-driven company. It wasn't just in kind of our traditional issuing, acquiring where the BASE24 product is. People named Odilon Jos Almeida. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Regarding our third pillar, step-change value creation to M&A, we have no announcements at this time, but I can assure you that we are making progress. It is now my pleasure to turn the call over to Mr. John Kraft, Senior Vice President of Strategy and Finance. Keeping this cookie enabled helps us to improve our website. Log In. Our 3-pillar strategy is working. 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. 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. Keep your Immigrant Perspective (See Opportunity in Everything) 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. We are pleased to deliver another quarter of results in line with guidance and consensus. They share their successes instantly across the remotest parts of the world, driving enormous change instantly. Almeida: The importance of empathy or having a generous purpose cannot be overstated, especially for leaders. And this concludes today's conference call. Almeida had served as the companys president and CEO since March 2020, his biography on ACIs website notes. Who leaves early. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Who chairs. So real-time up 60%. Is this happening to you frequently? Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India, Morgan Stanley's dealmaking CEO Gorman signals more transactions to come. Last updated: 21 March 2022 at 4:51pm EST. Scott Behrens - CFO . View the profiles of people named Odilon Almeida Almeida. Odilon Almeida is on the board of Millicom International Cellular SA and Member of Young Presidents' Organization, Inc. Who is not named. Who is major. And thanks for that. So real-time, very strong, just really broad-based in the bank's strength in the first quarter. We are expecting a good year in 2023 with the pilot. Who designs. Certainly, the revenue range is strong, indicating another good quarter. So everything under plan at this point. Our pipeline is significantly better than it was 3 months ago, 6 months ago. With that, I will pass it back to Odilon for some closing comments. If you have an ad-blocker enabled you may be blocked from proceeding. Who is missed. It is the star of the payments around the globe. There are no other questions at this time. And I think that's what the whole journey is about. Who betrays. 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. The executive spent much of his career working at Western Union. Last year, we announced our partnership with RocketFuel as a partner in providing crypto as a payment option. Who gives in. Yes, just to complement George. Who is sorted out. This is actually Sam Salvas on for Mayank today. new markets and expands with innovative offerings. Who is confidant. Who crumbles. Just for my benefit and those on the call, when do we start to get revenues in from those new opportunities? The meaning of Odilon is "prosperous in battle". Entering text into the input field will update the search result below, continue to execute on the rigorous and disciplined management processes implemented in the last 2 years. Hello, everyone, and thank you for joining our first quarter 2022 earnings conference call. We do have questions coming in, okay. ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war) And finally, turning to our outlook for the rest of 2022. He leads a company that helps businesses in the airline, gaming, digital entertainment, retail, restaurant and travel industries provide more flexible payment options to their customers. Managed by: Private User Last Updated: November 4, 2014 Most recently, he was President, Western Union Global Money Transfer, where he headed the companys $5B consumer business in 200+ countries and territories. Mastercard cannot afford to ignore AI, CEO says, 2023 Economic Insight & Best Practices in Financial Risk Management, Why Spending Less May Be Good News for Card Companies, US, UK Households Are Cash-Stuffing to Cope With Cost-of-Living Jump, Instant Bank Payments: The Promise of a Faster Future, Money Movement, Uninterrupted: Building Resilient Payment Operations, Modernize Your Payment Stack to Increase Flexibility and Reduce Spend. So it is like the last technology that will be available, which will give our clients much more speed to go to the market, much easier to make changes to adapt the product and so forth. Western Union Almeida previously had a lengthy career spanning 17 years at Western Union. Who scolds. Almeida: My father taught me to appreciate life and live life to the fullest. The Push-out Score determined by exechange gauges the pressure surrounding Odilon Almeidas move on a scale of 0 to 10. exechange reached out to ACI and offered the company the opportunity to comment on the score.

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