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ACI Worldwide resolves software dispute with payments technology firm

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ACI Worldwide resolves software dispute with payments technology firm

ACI Worldwide Inc. on June 30 reached an agreement with Financial Software & Systems Private Ltd., a payments technology and transaction processing firm, to resolve disputes over the use of ACI Worldwide's BASE24 software.

Under the settlement agreement, Financial Software & Systems and its affiliates are entitled to continue to provide existing customers with services such as customization, implementation and testing, including services using the BASE24 software, until June 30, 2020, among other things.