ACI Worldwide has accomplished the acquisition of Cost Elements, a Greek-based fintech specialising in AI-driven monetary messaging and open banking options.
Monetary phrases of the deal haven’t been made public, although ACI has said in a launch that “the acquisition is just not anticipated to be financially materials to ACI.”
The transaction sees ACI taking possession of all mental property, know-how belongings, staff, and buyer contracts belonging to Cost Elements.
The know-how from Cost Elements can be included into ACI Connetic, with the intention of advancing the event of ACI’s cloud-based funds platform.
This platform helps card processing, account-to-account (A2A) transactions, and AI-fuelled fraud prevention inside one modular structure.
ACI Worldwide president and CEO Thomas Warsop “ACI’s acquisition of Cost Elements will additional strengthen the capabilities of ACI Connetic, defining a brand new normal for a way banks drive fee transformation and compete within the digital economic system.
“Past the cutting-edge know-how, we’re additionally impressed by the expertise of the Cost Part’s crew, whose dedication to innovation aligns with our imaginative and prescient to form the way forward for funds.”
Employees from Cost Elements will work with ACI’s growth groups for the combination of expanded messaging functionalities in addition to options into the Connetic platform.
The acquired firm’s use of generative AI is meant to streamline and expedite fee processing.
Based in 2014, Cost Elements produces software program targeted on A2A funds and software programming interface (API) administration.
Its options are designed to streamline transaction processes whereas lowering complexity in fee operations.
The corporate’s messaging layer is suitable with a variety of message sorts and is meant to enhance back-office integration and pace up the launch of native fee schemes.
Cost Elements founder and CEO Sotiris Nossis stated: “Becoming a member of ACI is an thrilling milestone for the Cost Elements crew and reinforces the credibility we have constructed to empower monetary establishments to undertake fashionable and dependable fee applied sciences seamlessly.
“We’re proud to be a part of the ACI household, the place our complementary experience will reinforce ACI’s world management in powering the world’s funds ecosystem.”
In October 2025, ACI Worldwide fashioned a strategic partnership with cryptocurrency fee processor BitPay to reinforce its digital asset capabilities for retailers and fee service suppliers (PSPs) by way of the Funds Orchestration Platform.
