Who earns it. And thank you for joining our second quarter 2022 earnings conference call. I have seen people struggle with reality and spend much time and effort to deny it. From March 2020 to November 2022, Mr. Almeida was the as President and Chief Executive Officer, of ACI Worldwide Inc, and served as a member of the Companys Board of Directors. Almeida: The importance of empathy or having a generous purpose cannot be overstated, especially for leaders. Earlier, Mr. Almeida was President, Americas and Europe, President, Americas, Senior Vice President and Managing Director, Latin America and the Caribbean, Senior Vice President and Managing Director, South America and Regional Vice President, Southern Cone, Americas. Live from London,. Who scolds. 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 From a vertical standpoint we saw really strong growth in government tax payments year-over-year, and so I would say, of all the segments we had, that had the strongest year-over-year growth. Who is ousted. The largest trade he's ever made was selling 81,008 units of ACI Worldwide Inc stock on 7 June 2018 worth over $1,701,168. ACI Worldwide combines its global footprint with local presence to drive the real-time digital transformation of payments and commerce. Employ your Circular Vision (Anticipate the Unexpected). Continued to see that strength here in the first half of the year. Who has a vote. See Photos. Our 3-pillar strategy is working. We continue to expect 2022 adjusted EBITDA of $400 million to $415 million, and this excludes onetime costs related to the move of our European data centers to the public cloud. 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. We look forward to catching up in the coming weeks. Who steps up. Sign Up. In my role I dont see borders, I see opportunities. In a recent interview, Odilon Almeida shared his perspective on the six characteristics that define this immigrant mentality - and how they influence his leadership role to this day. ACI Worldwide Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. 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:. Who decides. 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. The Board is confident that the Company is well-positioned to build on the momentum underway as we work to provide the next generation of real-time payments solutions for our clients.. The Middle East is taking strides towards real-time payments as national governments prioritize infrastructure modernization. Who is blamed. View Odilon Almeida results in Florida (FL) including current phone number, address, relatives, background check report, and property record with Whitepages. Thank you. They share their successes instantly across the remotest parts of the world, driving enormous change instantly. Thanks, Odilon, and good morning, everyone. You may opt-out by. Once again, we delivered results within our guidance and above consensus. Well, thanks everybody for joining us. (TOP BABY NAMES, 2018). 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. 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. No, nothing new. SPECIALTIES: Six Characteristics of 21st Century Leaders (Interview with Odilon To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Turning to our segment results, bank segment revenue grew 24% or 27% on a constant currency basis, and segment adjusted EBITDA increased 29% on both a reported and a constant currency basis versus Q2 last year. At this time, it is my pleasure to turn the floor over to your host, John Kraft, Head of Strategy and Finance. When you go to Billers. Almeida had served as the companys president and CEO since March 2020. . 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? It looks like the bank business has been superb, and I guess we can thank Jerome Powell for some of that. Sen. Dick Durbin is poised to make good on his long-time threat to further rein in the two big U.S. credit card companies Visa and Mastercard with legislation aimed at increasing competition. And finally our Biller segment revenue grew 8% on a reported and constant currency basis, while adjusted EBITDA decreased 18% or 19% on a constant currency basis versus Q2 last year. Who leaves early. From my life experience to date -- in several countries with distinct and unique cultures -- I have found that once you can develop a shared sense of the reality you are approaching, bringing people together to share a journey and a vision can lead to infinite possibilities., 2. Let Payments Dive's free newsletter keep you informed, straight from your inbox. Odilon Almeida - Fintech Finance Indias largest white label ATM service provider with more than 11,000 ATMs has signed ACIs enterprise payments platform solution to support its expansion. Also, we have a very strong pipeline of ARR in banks, which is new for us with a lot of new logos that are really looking to our cloud offering. I guess I looked at your guidance and assumed that to get to those numbers, licenses would have to have another good quarter, maybe up 50% year-over-year. Opinions expressed by Forbes Contributors are their own. ACI Worldwide, Inc. (NASDAQ:ACIW) Q1 2022 Results Conference Call May 5, 2022 8:30 AM ET, Good day, and thank you for standing by. 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. Who chairs. Albeit a small portion of the business, it can have a year-over-year impact, but thats up 6% constant currency year-to-date. In his four years at the multinational beverage corporation, he served as marketing director for Brazil and chief of staff for Latin America operations. The estimated Net Worth of Odilon Almeida is at least $8.5 Million dollars as of 8 November 2021. I wouldn't look at Q2 kind of stand-alone as anything. 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. On this mornings call is Odilon Almeida, our President and CEO; and Scott Behrens, our CFO. In these positions, he turned around businesses in the U.S., Europe, Africa, Mexico, Central America and the Caribbean, established WU as the global digital market leader in P2P money transfer, and grew WUs Latin America and Caribbean business by more than 5x in 10 years through organic growth acceleration and successful M&A. Odilon has significant experience in corporate governance. Odilon is an unusual surname too for both adults and children. You can expect that we're going to continue to invest in this segment this year. We are expecting a good year in 2023 with the pilot. Who comes. What the appetite is today there? We recorded organic revenue growth of 13% or 14% on a constant currency basis. We have continued buying back ACI shares and ended the first quarter with $178 million remaining on our share repurchase authorization. We continue to cement our mid-single digit organic growth, while positioning the company to grow by 7% to 9% by 2024. This year, as we said last time, we are projecting around mid-digit growth. He was born in Brazil and he and his family live in Miami, FL. Who is chief. ACI said: Thomas Warsop, formerly the non-executive Chair of the ACI Board of Directors, has been appointed Interim Chief Executive Officer, effective immediately. Who is not named. Who reigns. It is hard and it is a day-to-day matter. Deutsche Payment secure e-commerce, an established provider of innovative e-commerce payment solutions will use the ACI Secure eCommerce solution. Want to share a company announcement with your peers? And where do you see the most opportunity to add to your pipe as we look at the rest of the year? Prior to that, he held several positions at Western Union over 17 years, including president of that firms global money transfer unit. It wasn't just in kind of our traditional issuing, acquiring where the BASE24 product is. ACI Worldwide Names Thomas Warsop Interim Chief Executive Officer Bank segment revenue grew 38% or 40% on a constant currency basis to $132 million, and segment adjusted EBITDA increased 74% on both a reported and a constant currency basis versus Q1 2021. Who has to go. Who fights for money. And I think that's what you're seeing quarter after quarter. Who has a say. Who will be back. With that, I'd like to turn the call over to Odilon. Some are divestitures, some are acquisitions, all of them are accretive to the company. Who benefits. The name Odilon is boy's name meaning "wealth". Who is bad. Putting the customer first, an interview Odilon Almeida 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. It lets merchants offer goods and services directly to consumer smartphones using location, voice and image recognition technology. We will cement the foundation for accelerating growth towards the range of 7% to 9% by 2024 with gradual margin improvement. Get this delivered to your inbox, and more info about our products and services. But the merchant piece of the business has been slowing and the recurring revenue slowing, and I just wanted to make sure we understood sort of what is causing that to occur? Odilon Almeida became CEO of the Company in 2020. Who is sorry. Who is a leader. Who is there. ENDS WITH -on. Who stumbles. The margin range is a little bit lower than what I would have expected. We continue to invest in this segment. As we've previously said, now that our debt balances are at our leverage targets, we have revised our capital allocation priorities in the near term, increasing the expected cash flow used for repurchases to approximately 50% of our cash flow. 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. I think real-time payments is the star, right? We see the results of these investments as we enter new markets and cross-sell to existing customers. Who is welcomed. Through this I learned to focus on outcomes and not dwell on how to get there. I find it very important to get to know what motivates my colleagues and how to bring my values to the table in a way that strengthens partnerships in terms of mutuality. Please disable your ad-blocker and refresh. Who deserves it. Keep your Immigrant Perspective (See Opportunity in Everything). Many are opportunities others don't see. For Q2 2022, we expect revenue to be in a range of $325 million to $345 million, and adjusted EBITDA to be in a range of $55 million to $75 million. Denying reality is a loss of time and energy. Who is shamed. Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. Log In. Q1 didn't come different than what we were expecting, came close to what we were expecting. Is this happening to you frequently? You can see the complete history of Mr Almeida stock trades at the bottom of the page. Who resigns. Also, we are moving fast in merchants for real-time payments every place that we can at that kind of service.

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