Fintech services firm Computer Services has selected ACI Worldwide, a provider of real-time electronic payment and banking solutions, to enhance its card fraud protection platform.
As per the deal, CSI will integrate ACI’s payments risk management solution, ACI Proactive Risk Manager, into its Card Sentry solution.
The integration will allow CSI to monitor debit card transactions and proactively identify fraudulent transactions before they occur.
According to ACI Worldwide, the platform will provide CSI with fast and flexible tools that can adapt to the rapidly changing payments landscape—including the shift toward tokenization.
CSI director of payment services Derrick Bretz said: “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.
“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.”
Proactive Risk Manager will also enable CSI to introduce real-time alerting, with actionable notification through multiple channels such as mobile and e-mail, the technology vendor added.
Andreas Suma, vice president at ACI Worldwide, said: “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.