Nautilus Hyosung

Payment systems provider ACI Worldwide has released the latest version of its ACI Proactive Risk Manager, a payments fraud detection and mitigation solution for FIs, ATM operators, processors and merchants. The new version includes enhanced behavioral modeling tools and performance testing capabilities meant to strengthen fraud detection accuracy and improve the customer experience.

The solution delivers optimal customer service by reducing false positives and helping to prevent fraudulent transactions, ACI said in an announcement. 

"The newest version of ACI Proactive Risk Manager provides the fraud mitigation solution the industry tells us they are seeking," said Mike Braatz, senior vice president of fraud products at ACI Worldwide. "It combines precision with usability to ensure financial institutions, processors and retailers are able address the fraud challenge with the strongest tool available while also being easy for fraud teams to master."

Proactive Risk Manager 8.1 offers several new and enhanced features:

  • Enhanced profiling – enables custom behavioral profiling for customers,  accounts, cards, terminals, merchants, employees and their peer groups using any data element brought into the system from varying timelines. This helps better target fraud detection scenarios and lowers false positive ratios.
  • Rule tester – allows optional fraud scenario testing prior to deployment. This offers greater flexibility in managing rules and analytics, and provides a more predictable outcome for new detection approaches.
  • Screen configuration manager – provides easy configuration of review screens for optimum efficiency, and lets fraud teams analyze data in formats most relevant and convenient for them.
  • New user interface look and feel – improves intuitive function of the UI increasing efficiency and shortening the learning curve.

According to a recent ACI survey, card fraud is growing. One-in-four survey respondents said they'd been victimized by fraud, and post-fraud attrition rates average 21 percent among cardholders in the 17 countries surveyed, indicating that FIs risk losing customers due to fraud.

Read more about security.

Related Content

User Comments – Give us your opinion!
Products & Services

Second Line Maintenance

http://global.networldalliance.com/new/images/products/ATMSolutions_repairman.gif

543/Second-Line-Maintenance

ATM Remote Monitoring, The DPL Group AC Disconnect Module

http://global.networldalliance.com/new/images/products/4051.png

4051/ATM-Remote-Monitoring-The-DPL-Group-AC-Disconnect-Module

Cash only lobby ATM – Monimax 5000 CE

http://global.networldalliance.com/new/images/products/Monimax_5000CE_100.jpg

3730/Cash-only-lobby-ATM-Monimax-5000-CE

ATM Outsourcing

http://global.networldalliance.com/new/images/products/Outsourcing2.JPG

841/ATM-Outsourcing

Automated Teller Safes

http://global.networldalliance.com/new/images/products/5787.png

5787/Automated-Teller-Safes

KAL Bill Pay Solutions

http://global.networldalliance.com/new/images/products/KAL_Logo_SF100.gif

1224/KAL-Bill-Pay-Solutions

Financial Through-the-Wall ATM

http://global.networldalliance.com/new/images/products/FT5000_100_0708.gif

536/Financial-Through-the-Wall-ATM

Provides Variety of Optional Functionalities—Banking Kiosk K20

http://global.networldalliance.com/new/images/products/K20.png

3741/Provides-Variety-of-Optional-Functionalities-Banking-Kiosk-K20

Advertising & OTO Marketing System – WWS One to One Marketing …

http://global.networldalliance.com/new/images/products/6215.png

6215/Advertising-OTO-Marketing-System-WWS-One-to-One-Marketing-Campaign-Manager

V2000 M2M Router - Powerful Wireless Connectivity

http://global.networldalliance.com/new/images/products/4377.png

4377/V2000-M2M-Router-Powerful-Wireless-Connectivity

NCR
ATM & Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.