ACI Worldwide has agreed to acquire Cranium Ventures for its card switching technology. Financial terms were not disclosed.
Cranium Ventures developed SYNAP, a microservices-based card switching framework that operates across cloud, on-premises and hybrid environments.
ACI will integrate the technology into ACI Connetic for Cards as part of its planned card switching capabilities. The company launched the platform in March 2026.
Founded in the UK in 2018, Cranium Ventures has key operations in Singapore and Malaysia.
The deal includes the company’s technology, intellectual property and commercial relationships.
Co-founders Ashraf Dimitri and Tony Horrell will join ACI following the acquisition.
“Card processing is one of the hardest modernisation problems left in payments, and we have been working on it for years. Financial institutions need more than a switch. They need intelligence embedded throughout the payment lifecycle, and that is what we built ACI Connetic to deliver.
ACI Connetic for Cards is already in market, and Cranium Ventures moves that work forward faster. It will further strengthen our competitive position in cloud-native switching and payment solutions, consistent with our focus on expanding our strategic growth platform.”
said Thomas Warsop, President and Chief Executive Officer of ACI Worldwide.
ACI Connetic for Cards forms part of the company’s cloud-native payments platform, which combines account-to-account payments, card payments and AI-powered fraud prevention.
ACI will continue supporting existing SYNAP customers after the acquisition closes.
The transaction remains subject to customary approvals and closing conditions. It is expected to close in the third quarter of 2026.
Featured image: Edited by Fintech News Singapore, based on image by DevStudio_D via Magnific
