Kuwait's Real-Time Payment Scheme WAMD Surpasses 1 Million Accounts in First Year

  • OMAHA, Neb. & KUWAIT CITY--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and KNET, Kuwait's national electronic banking company, today announced that WAMD, Kuwait's real-time payment system, recorded significant growth in the number of transactions processed since its launch in June of 2024, making WAMD one of the world's most rapidly adopted real-time payment initiatives. KNET utilized ACI's Digital Central Infrastructure solution to build.