Alex Newman's questions to ACI Worldwide Inc (ACIW) leadership • Q1 2025
Question
Alex Newman asked which specific product areas were driving the higher net new business in the quarter and requested clarification on the uplift to the Biller segment from the IRS vendor consolidation.
Answer
CEO Thomas Warsop attributed the strong net new business to ACI's flagship issuing and acquiring solutions, combined with the compelling modernization path offered by the new Connetic platform. CFO Scott Behrens confirmed the Biller segment's 11% growth was partly driven by the IRS change and growth from tax partners, but did not quantify the specific impact. He also noted the full-year FX headwind is now expected to be less than previously forecasted.