ACI’s UP Payments Risk Management solution chosen for real-time fraud management and adaptive machine learning capabilities
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, has been recognized by Finance Monthly Fintech Awards 2018 as the Leading Fraud Innovation Firm – USA for its UP Payments Risk Management solution.
The Finance Monthly Fintech Awards recognize businesses and individuals that are driving the fintech sector forward through innovation in financial technology, including payments innovation, customer experience, data and cybersecurity.
ACI’s multi-tiered UP Payments Risk Management solution utilizes advanced data analytics, adaptive machine learning and customer profiling techniques to ensure that valid transactions are processed, while potentially fraudulent ones are identified and isolated. The solution includes a unique combination of patented predictive models, flexible rules engine, automated alerts and processes, business intelligence portal and unrivalled global fraud intelligence – all supported by a team of expert risk analysts.
“Our solution supports the business success of merchants, banks and financial intermediaries operating in a challenging – and constantly evolving – payments landscape,” said Andreas Suma, vice president, ACI Worldwide. “It’s an honor for our dedicated fraud team to be recognized by Finance Monthly, and validation that our approach – combining extensive fraud and transaction data from across the payments universe with services that range from insights to complex risk strategy development with ACI’s global fraud experts – is a winning formula.”
ACI’s real-time fraud management services protect any payment, regardless of channel (card-present/card-not-present), payment engine, or segment (bank, intermediary or merchant). Flexible deployment models enable the solution to be used on-premise as licensed software, or cloud-based, operated in payments-grade global data centers.
ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience.
New services help banks realize the benefits of real-time payments investment through enhanced digital experiences for consumers, merchants and corpor...View article
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced an extension of its rel...View article
NAPLES, FLA.—October 18, 2018—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solution...View article