ACI Worldwide accelerates fraud prevention through public cloud deployment
By Pavithra R
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that the availability of ACI Fraud Management solution as a fully certified private offering via the Microsoft Azure Marketplace.
ACI’s solution can now be deployed directly from the Azure Marketplace, accelerating and simplifying how customers begin using the offering. The move comes in response to a drastically changing global fraud landscape, increasing pressure on financial institutions to adapt quickly, maximize operational efficiencies and mitigate increased risks.
ACI Fraud Management delivers enterprise fraud management capabilities, including predictive analytics, advanced machine learning (ML), and defined rules, to help banks and intermediaries identify and mitigate financial fraud and help reduce the compliance burden. These include real-time payments, internet and mobile banking, onboarding threats, merchant acquiring and even internal fraud within a single comprehensive solution.
“Today’s rapidly-evolving fraud environment requires organizations to act quickly. Through making ACI Fraud Management available as a fully certified private offering via the Microsoft Azure Marketplace, our customers can streamline deployment and accelerate fraud prevention measures,” said Cleber Martins, global product line manager, Payments Risk Management, ACI Worldwide.
The solution’s model generator capabilities enable business users to create and maintain their own predictive machine learning models. Recently, the offering was enhanced with network intelligence, empowering the financial community to collaborate, consume fraud intelligence directly from the network and build hybrid ML models. Key benefits of the fully certified offering via Microsoft Azure include scalability, security, agility, compliance, data sovereignty, quick deployment, and other Value-added services.
“A highly available deployment of a mission-critical solution, like real-time fraud prevention, requires diverse skills and project orchestration; and delays are usually faced because of small misalignments. Automating this deployment is also about assuring that best practices will be enforced, and success is predictable,” said Ciaran Chu, head of public cloud, ACI Worldwide.
Established since 1975, ACI Worldwide powers electronic payments for more than 6,000 organizations around the world. Through its comprehensive suite of software solutions delivered on customers’ premises, through the public cloud or through ACI’s private cloud, the company provide real-time payment capabilities and enable omni-channel payments experience.
IBSi Daily News Analysis
May 30, 2023
Are AI chatbots useful in fighting cyberattacks?Read More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage