BBVA & Telefonica to Power Universal M-Payments With Solution From ACI Worldwide.

Business Editors

OMAHA, Neb.--(BUSINESS WIRE)--July 31, 2000

ACI Worldwide (Nasdaq:TSAI) with Banco Bilbao Vizcaya Argentaria SA (BBVA) and Telefonica Moviles SA of Spain, announces that BBVA and Telefonica Moviles will power their recently formed joint venture known as MovilPago with ACI's enterprise mobile payments solution. MovilPago is an innovative payment system that allows consumers to effect m-payments via the Global System for Mobile Communications (GSM) or other mobile communications systems. ACI has been selected as the exclusive provider of m-payments solutions to the joint venture. MovilPago plans to deploy the system in 30 countries worldwide within two years, with an anticipated 100 million consumers using the system and 5 million merchants accepting payments.

MovilPago is expected to have a huge impact on the way all consumers make m-payments of both low and high value. MovilPago aims to become a common medium for everyday consumer e-payments--particularly smaller value transactions in traditional, Internet and m-commerce environments. Organizers believe the system will appeal immediately to innovative consumers and particularly to younger segments of the market, and that it will gain universal acceptance very rapidly.

"The unique feature of the MovilPago system is that payments can be made from any existing GSM or other digital handset, with no modification required to the handset or SIM card. The system is open to all GSM or other digital operators and to all financial institutions," said Mario Cantero Brandes, CEO of MovilPago. "The ACI solution we've selected to power the system provides us with a high speed, high reliability m-payments platform that can scale to support the transaction volumes we anticipate and can adapt to increasing value-added transaction types."

The m-payments solution licensed by MovilPago is based on ACI's BASE24(R) application to route and authorize m-payment transactions. BASE24 provides a proven, fault-tolerant m-payments processing environment. With BASE24 forming the core of the processing operation, MovilPago also will implement ACI's GENcard(R) account management application, i24(TM) Internet Banking application, e24(TM) e-commerce application, PRISM(R) predictive fraud risk management system and ENGUARD(R) enterprise systems management tool.

"As the banking and communications industries converge, ACI is helping the mobile telecommunications industry leverage existing m-payment infrastructures to provide innovative new services," said Doug Parr, managing director of ACI Worldwide's EMEA operation. "Our solution provides MovilPago with a secure, scalable and reliable way to meet the growing needs of its mobile customers. It will be delivered by ACI's newly-formed m-commerce group, whose creation is indicative of ACI's intention and commitment to be a major player in this exploding market."

ACI's e24 product suite includes technology licensed from Digital Courier Technologies, Inc. (Nasdaq: DCTI), an e-commerce fraud and risk management processing solutions provider. PRISM includes patented technology provided by Nestor, Inc. (OTC: NEST).

About ACI

ACI Worldwide (Nasdaq:TSAI) is helping customers change the way the world works with solutions designed to improve the way we live, work and shop. Every minute of every day, financial institutions, retailers and networking industries rely on ACI solutions and services to smoothly move money and information. As a leading international provider of solutions for e-payments, ACI maintains operations in the Americas, Europe/Middle East/Africa and Asia/Pacific. More than 2,300 customers in 79 countries use ACI distributed solutions. Visit ACI Worldwide on the Internet at www.aciworldwide.com.

About BBVA

BBVA is the largest financial group in Spain both in terms of profit and market capitalization and is the second largest within the Euro zone. In 1999 group profits reached 1.75 billion euros and assets totaled 238 billion euros. BBVA Group is present in 37 countries, mainly in Europe and Latin America, through a network of more than 9,300 branches, and employs 130,000 people. The group has 35 million clients and 1.5 million shareholders. Its stock is quoted on nine stock exchanges around the world. BBVA employs advanced technology in distribution channels, manages one of the largest industrial portfolios in Spain, and shows an extraordinary strong balance sheet.

About Telefonica Moviles

Telefonica Moviles is the mobile telephone communications subsidiary of the Telefonica Group, which is one of the world's five largest telecom companies. It has more than 20 million clients throughout Spain (11.5 million clients), Latin America (Argentina, Brazil, Chile, Peru, El Salvador, Guatemala and Puerto Rico) and Morocco. The company is a true leader in the Spanish and Latin American markets, not only in terms of number of clients but also in terms of innovation and deployment of the latest technologies for the development of new services.