ACI Worldwide to Deliver Fraud Prevention in the Cloud to All Customers Globally
July 15 2020 - 2:00AM
Business Wire
Part of ACI’s Covid-19 rapid response program,
ACI’s award-winning fraud prevention solution is now globally
available as ‘Software as a Service’ offering
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions, today announced
that ACI Proactive Risk Manager and ACI Model Generator, part of
ACI’s Payments Risk Management solution, can now be deployed in a
private or public cloud environment by all existing customers
globally. The move comes in response to the changing fraud
landscape, which has further accelerated during the current
Covid-19 pandemic, increasing pressure on financial institutions to
adapt quickly, maximize operational efficiencies and mitigate
increased risks.
ACI Proactive Risk Manager delivers enterprise fraud management
capabilities, including advanced machine learning, predictive
analytics and expertly defined rules, to help banks and
intermediaries identify and mitigate financial fraud and help
reduce the compliance burden in all forms. These include the likes
of immediate payments, internet and mobile banking, on-boarding
threats, merchant acquiring and even internal fraud—within a single
comprehensive solution.
ACI Model Generator enables business users to create and
maintain their own predictive machine learning models within
minutes. The offering was recently enhanced with shared
intelligence, empowering the financial community to collaborate and
build hybrid machine learning models.
The new ‘Software as a Service’ offering is available on ACI’s
private cloud or a public cloud environment through its global
strategic collaboration with Microsoft Azure and the Microsoft
Partner Network. Companies successfully deploying the ACI solution
in the public cloud recently include Conductor, a leading
Brazilian-based processor, and Banco Safra, the world’s largest
privately owned bank.
“We are proud to be among the first technology providers to make
such a comprehensive cloud deployment offering available globally.
Delivering a complete fraud solution as a ‘SaaS’ model offers a
number of advantages to financial institutions—it speeds up time to
value, can be scaled up depending on transaction volumes and above
all, it is secure,” said Cleber Martins, global product line
manager, Payments Risk Management, ACI Worldwide. “Given the state
of the global economy and the speed at which fraud attacks are
increasing, these are crucial features to maximize fraud monitoring
and prevention.”
“ACI is leveraging its global professional services reach to
serve customers in their native language and culture. Combined with
Azure’s footprint, this creates a unique value proposition at an
extremely competitive total cost of ownership,” said Ciaran Chu,
head of Public Cloud, ACI Worldwide. “This brings a globally
recognized fraud solution and all its strengths to institutions
that were previously constrained to consume only from smaller and
local vendors.”
Key features and advantages of ACI’s new
offering:
Time to Market: The ACI solution can be up and running within
days.
Scalability: The solution can be scaled up and down to handle
seasonality.
Security: Customers benefit from enhanced security compared to
running in an on-premise environment.
Value-added services: Customers benefit from an increased number
of value-added services as ACI’s applications and capabilities work
in tandem with Microsoft’s capabilities.
Compliance: All compliance requirements such as PCS/SLA can be
automated.
Data Sovereignty: Cloud deployment allows customers to fulfill
data sovereignty requirements.
About ACI Worldwide ACI Worldwide powers electronic payments for
more than 6,000 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. To learn
more about ACI, please visit www.aciworldwide.com. You can also
find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2020 ACI, ACI Worldwide, ACI
Payments, Inc., ACI Pay, Speedpay and all ACI product/solution
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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Dan Ring dan.ring@aciworldwide.com 781-370-3600
Katrin Boettger katrin.boettger@aciworldwide.com 0044 (0)7776
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