{"id":1006930,"date":"2026-09-30T07:04:21","date_gmt":"2026-09-30T11:04:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-cincinnati-moves-member-payment-processing-to-aci-connetic\/"},"modified":"2026-09-30T07:04:21","modified_gmt":"2026-09-30T11:04:21","slug":"federal-home-loan-bank-of-cincinnati-moves-member-payment-processing-to-aci-connetic","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-cincinnati-moves-member-payment-processing-to-aci-connetic\/","title":{"rendered":"Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic"},"content":{"rendered":"

<\/p>\n

Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic<\/b><\/p>\n

FHLB Cincinnati teams will manage the payment operations on a platform ACI runs.<\/i><\/p>\n

OMAHA, Neb.–(BUSINESS WIRE<\/a>)–ACI Worldwide<\/a> (NASDAQ: ACIW), an original innovator in global payments technology, today announced that the Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) is moving the payment processing behind its member funding services to ACI Connetic<\/a>.<\/p>\n

\nFHLB Cincinnati Advances outstanding grew in the first half of 2026. Funding a member Advance and taking a repayment both generate payment activity, and it has to be handled at whatever volume the day brings. Connetic will be delivered as a service. ACI operates the platform, and FHLB Cincinnati teams manage the payment operations that run on it.<\/p>\n

\n\u201cOur mission is to support our members and their communities by providing funding where and when needed with a high level of accuracy and reliability,\u201d said Andrew S. Howell, president and chief executive officer, FHLB Cincinnati. \u201cOur partnership with Connetic allows our people to focus on servicing our members while having the confidence of strong connectivity to major payment networks and clearing systems.\u201d<\/p>\n

\nACI Connetic supports connectivity to major payment networks and clearing systems from a single platform, and each institution determines which connections its own implementation includes. The Fedwire Funds Service is the connection in scope for FHLB Cincinnati. More on ACI Connetic is at www.aciworldwide.com\/solutions\/payments-hub<\/a>.<\/p>\n

\n\u201cAdvance volume moves with what members need, and the payment behind it has to work every time. Connetic will give FHLB Cincinnati the ability to continue offering reliable payments in an efficient way with industry-leading technology,\u201d said Scotty Perkins, executive vice president, product management, payment software, ACI Worldwide. \u201cOur job is the platform. Theirs is the payments, and the members waiting on them.\u201d<\/p>\n

\nFHLB Cincinnati is one of 11 district banks in the Federal Home Loan Bank System, chartered by Congress in 1932 to provide liquidity for housing finance. The System\u2019s district banks are government-chartered, member-owned and privately capitalized, and together serve roughly 6,300 member financial institutions.<\/p>\n

About FHLB Cincinnati<\/b><\/p>\n

\nAs of June 30, 2026, the FHLB is a AA+ rated wholesale cooperative bank owned by 588 member financial institutions, including banks, thrifts, credit unions, insurance companies and community development financial institutions in Kentucky, Ohio and Tennessee. The FHLB provides members access to products and services (primarily Advances, which are a readily available, low-cost source of funds, purchases of certain mortgage loans from members, and issuance of Letters of Credit to members) and a competitive return through quarterly dividends on their capital investment in the FHLB. The FHLB funds these products and services by raising private-sector capital from member-stockholders and, with the other Federal Home Loan Banks (FHLBanks) in the FHLBank System, issuing high-quality debt in the global capital markets. The FHLB also funds community investment programs that help its members create affordable housing and promote community economic development.<\/p>\n

About ACI Worldwide<\/b><\/p>\n

ACI Worldwide<\/a>, an original innovator in global payments technology, delivers transformative software solutions that power intelligent payments orchestration in real time so banks<\/a>, billers<\/a>, and merchants<\/a> can drive growth, while continuously modernizing their payment infrastructures, simply and securely<\/a>. With more than 50 years of trusted payments expertise, we combine our global footprint with a local presence to offer enhanced payment experiences to stay ahead of constantly changing payment challenges and opportunities.<\/p>\n

\n\u00a9 Copyright ACI Worldwide, Inc. 2026.<\/p>\n

\nACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay ONE and all ACI product\/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties\u2019 trademarks referenced are the property of their respective owners.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260930319442\/en\/<\/a><\/span><\/p>\n

Media
\n<\/b>
Pierce Rohrmann, Global Head of Communications & Corporate Affairs, ACI Worldwide, pierce.rohrmann@aciworldwide.com
\n<\/a>
Laura Gaffin, VP, Communications, FHLB Cincinnati, gaffinlm@fhlbcin.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Nebraska<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Payments Technology Finance Software Banking<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic FHLB Cincinnati teams will manage the payment operations on a platform ACI runs. OMAHA, Neb.–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that the Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) is moving the payment processing behind its member funding services to ACI Connetic. FHLB Cincinnati Advances outstanding grew in the first half of 2026. Funding a member Advance and taking a repayment both generate payment activity, and it has to be handled at whatever volume the day brings. Connetic will be delivered as a service. ACI operates the platform, and FHLB Cincinnati teams manage the payment operations that run … <\/p>\n

Continue reading “Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1006930","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFederal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-cincinnati-moves-member-payment-processing-to-aci-connetic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Federal Home Loan Bank of Cincinnati Moves Member Payment Processing to ACI Connetic FHLB Cincinnati teams will manage the payment operations on a platform ACI runs. OMAHA, Neb.–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that the Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) is moving the payment processing behind its member funding services to ACI Connetic. FHLB Cincinnati Advances outstanding grew in the first half of 2026. Funding a member Advance and taking a repayment both generate payment activity, and it has to be handled at whatever volume the day brings. Connetic will be delivered as a service. 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OMAHA, Neb.–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that the Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) is moving the payment processing behind its member funding services to ACI Connetic. FHLB Cincinnati Advances outstanding grew in the first half of 2026. Funding a member Advance and taking a repayment both generate payment activity, and it has to be handled at whatever volume the day brings. Connetic will be delivered as a service. 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