ACI Worldwide completed the acquisition of Speedpay from Western Union for $750m.

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, completed the acquisition of Speedpay, a bill pay business, from Western Union, a global leader in cross-border, cross-currency money movement, for $750m. "The acquisition marks an exciting new era in bill pay. The combination of Speedpay and ACI brings together an incredibly strong team of bill pay experts and a powerful next-generation platform. As we join forces, we are focused on driving innovation and revolutionizing bill pay for our thousands of customers. Strategically moving forward, this acquisition also accelerates the delivery of ACI’s ‘Any Payment, Every Possibility’ vision to serve the real-time digital payments needs of merchants, corporates and billers," Phil Heasley, ACI Worldwide president and CEO.