10:11 AM
Connect Directly

Payments Provider ACI Worldwide Names New Executive

Daniel Frate, previously of PNC Bank, will be ACI's new Executive Vice President of Global Markets and Product Management.

Daniel Frate has been named the new Executive Vice PResident of Global Markets and Product Management at ACI Worldwide, Inc., the payments systems provider said today in a statement. In this new position Frate will be responsible for matching the company's product roadmaps with market demands, the company added.

Frate served most recently at PNC Bank as the Executive Vice President and Head of Products and Pricing. ACI noted that Frate - who will work out of the company's Naples, Fla. headquarters - brings over 25 years of experience working in payments to his new position.

"With oversight of the sales and services functions as well as product management, Dan will ensure that we continue to meet our customers' need by delivering market-leading solutions," Philip Heasly, ACI's president and CEO, said in the statement.

David Morem, currently the Executive Vice President of Global Products, is also transitioning to the new role of Executive Vice President of Global Maintenance, where he will lead ACI's product maintenance and customers support operations. ACI also announced that Ralph Danglemaier, the Executive Vice President of Global Market, will be leaving to join another private company.

[See Related: ACI Releases New Integrated Payment Solution]

Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.