Real-Time Payments Projected to Boost India GDP by $76.5 Billion, Bring Banking Access to 25.5 Million Indians by 2028 - ACI Worldwide Report [Yahoo! Finance]
ACI Worldwide, Inc. (ACIW)
Last aci worldwide, inc. earnings: 8/8 06:00 am
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Source: Yahoo! Finance
MUMBAI, India Dec. 19, 2024 /PRNewswire/ -- Real-time payments boosted India's GDP by $50 billion in 2023, making it the world's largest market in terms of GDP growth, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, in collaboration with The Centre for Economics and Business Research (Cebr). This is equivalent to the output of approximately 6.8 million workers. The report leverages data from 40 countries and reveals—for the first time—an empirical link between real-time payments and financial inclusion. According to the report, real-time payments are forecast to contribute $76.5 billion of additional GDP to India's economy by 2028, equivalent to 1.5% of GDP, or the output of 8.0 million workers. India is on track to become the world's third-largest economy by 2030–31, according to S&P Global. Real-time payments play a pivotal role in supporting this tr
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ACIW
Earnings
- 11/7/24 - Beat
ACIW
Sec Filings
- 12/13/24 - Form 4
- 12/11/24 - Form 144
- 12/6/24 - Form 4
- ACIW's page on the SEC website