CSI Enhances its Fraud Protection Platform with ACI Worldwide
August 22 2016 - 8:00AM
Business Wire
ACI’s UP Payments Risk Management helps leading
fintech services company monitor card transactions and reduce fraud
for its customers
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions,
today announced that Computer Services, Inc. (CSI) (OTCQX: CSVI), a
leading fintech services company, has partnered with ACI to power
its card fraud protection platform, extending its long-term
relationship with the company.
With a customer base that includes financial institutions and
other businesses, CSI must achieve the highest levels of security,
especially when it comes to its fraud-detection services. By
integrating ACI’s award-winning payments risk management solution,
ACI Proactive Risk Manager, into its Card Sentry solution, CSI can
monitor debit card transactions and proactively identify fraudulent
transactions before they occur, reducing overall fraud losses.
Proactive Risk Manager provides the company with fast and flexible
tools that can adapt to the rapidly changing payments
landscape—including the shift toward tokenization, the introduction
of new forms of payments and the acceleration of immediate
payments.
“Detecting and preventing card fraud is a critical issue for
every financial institution, so CSI strives to defend our customers
against constant and ever-evolving fraud activities,” said Derrick
Bretz, director of payment services, CSI. “After a thorough
analysis of leading solutions, ACI’s Proactive Risk Manager
addressed all of our fraud prevention needs—including a
comprehensive and agile rules capability, modern profiling tools
and advanced analytics. Further, ACI’s extensive fraud solution
will accommodate CSI’s growing product line and channels over
time.”
Now and into the future, fraud systems will need to apply
advanced fraud detection technology, based on behavioral analysis,
as well as a holistic view of fraud across multiple channels and
accounts. Proactive Risk Manager will enable CSI to introduce
real-time alerting, with actionable notification through multiple
channels such as mobile and e-mail.
“ACI is pleased to expand its relationship with CSI, which also
utilizes our advanced Postilion offering for card processing,” said
Andreas Suma, vice president, ACI Worldwide. “As we continue to
invest and accelerate development in Proactive Risk Manager, we’re
seeing more and more innovative organizations like CSI in need of
powerful and flexible solutions that address myriad fraud
challenges. Concurrently, we are also improving the customer
experience in the payments ecosystem—at a product, channel or
enterprise level.”
Proactive Risk Manager is part of ACI’s UP Payments Risk
Management solution, and leverages ACI’s UP Framework, a set of
technologies that orchestrates all aspects of payment processing
for any payment type, any channel, any currency and any
network.
About ACI Worldwide
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. In addition, myriad organizations utilize
our electronic bill presentment and payment services.
Through our comprehensive suite of software and SaaS-based
solutions, we deliver real-time, immediate
payments capabilities and enable the industry’s most
complete omni-channel payments experience. To learn more
about ACI, please visit www.aciworldwide.com. You can also find us
on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2016.
ACI, ACI Payment Systems, the ACI logo and all ACI product names
are trademarks or registered trademarks of ACI Worldwide, Inc., or
one of its subsidiaries, in the United States, other countries or
both. Other parties’ trademarks referenced are the property of
their respective owners.
Product roadmaps are for informational purposes only and may not
be incorporated into a contract or agreement. The development
release and timing of future product releases remains at ACI’s sole
discretion. ACI is providing the following information in
accordance with ACI's standard product communication policies. Any
resulting features, functionality, and enhancements or timing of
release of such features, functionality, and enhancements are at
the sole discretion of ACI and may be modified without notice. All
product roadmap or other similar information does not represent a
commitment to deliver any material, code, or functionality, and
should not be relied upon in making a purchasing decision.
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version on businesswire.com: http://www.businesswire.com/news/home/20160822005046/en/
ACI Worldwide, Inc.Dan Ring,
781-370-3600dan.ring@aciworldwide.comorAndrea Snyder,
781-370-4817andrea.snyder@aciworldwide.com
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