Business
ACI Worldwide to Deliver Fraud Prevention in the Cloud to All Customers Globally
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
About this update from Aci Worldwide, Inc.
[{"type":"text","content":"\nPart 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\n\n NAPLES, Fla. & LONDON--(BUSINESS WIRE)--\nACI 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.\n\n\nACI 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.\n\n\nACI 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.\n\n\nThe 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.\n\n\n“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...