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

NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACIACI 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.

Contacts

Dan Ring

dan.ring@aciworldwide.com
781-370-3600

Katrin Boettger

katrin.boettger@aciworldwide.com
0044 (0)7776 147 910