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
ACI 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.
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 allow customers to fulfil data sovereignty
requirements.