Tech finance veteran joins board

NAPLES — Technology and finance veteran James Hale has joined the board of directors of ACI Worldwide, which provides electronic payments systems to large financial institutions and retailers.

Before establishing venture-capital firm Financial Technology Ventures, Hale was the senior managing partner at Montgomery Securities. He currently serves on the boards of Mitek Systems and Bank of Marin Bancorp.

Headquartered in Naples, ACI Worldwide provides electronic payments and banking systems for more than 5,600 financial institutions, retailers, billers and processors around the world. ACI software processes $13 trillion each day in payments and securities transactions for more than 300 of the leading global retailers and 18 of the world's 20 largest banks.

“Jim's track record in innovation and deep sector expertise in enterprise software and software-as-a-service-based financial technologies will contribute greatly to our Universal Payments evolution,” says Phil Heasley, president and CEO of ACI Worldwide, in a statement.