ACI Worldwide has its enhanced fraud protection offering via its UP payments risk management solution, enabling banks, intermediaries, merchants and telcos to prevent fraudulent transactions.
The cloud-based UP payments risk management solution protects payments, regardless of channel (card-present/card-not-present), payment engine (ACI or third-party) or segment (bank, intermediary or merchant).
ACI’s fraud protection includes adaptive machine learning; shared intelligence approach to leverage cross-industry knowledge; ability to perform real-time payments fraud screening; deep understanding of payment engines; and flexible deployment models.
ACI Worldwide vice president Andreas Suma said: “Successful fraud prevention is all about decision-making – accepting the good transactions and denying the bad ones – with the best available information in real-time. A winning fraud prevention solution allows organisations to focus on what they do best.
“The necessity for universal fraud management services in the cloud continues to increase, and banks, intermediaries, merchants and telcos seek to outsource everything from payments, fraud, compliance and security-related tasks.
“UP Payments Risk Management is an unparalleled offering that combines fraud and transaction data from the payment universe and insights from ACI’s global fraud experts – stopping fraud and improving every customer experience across the payments ecosystem.”