News

ACI licenses fraud-detection software to BNP Paribas

February 17, 2004

OMAHA, Neb. -- ACI Worldwide, international provider of enterprise e-payment solutions, has licensed ACI Proactive Risk Manager for debit card fraud detection to BNP Paribas, Europe's largest bank in terms of net income.

BNP Paribas will use ACI Proactive Risk Manager to minimize its exposure to risk by identifying fraudulent activity much more quickly and therefore greatly reducing potential losses, according to a news release.

The bank will also improve customer services across its operations by offering the reassurance of tighter risk controls.

In response to rising levels of card fraud in France, BNP Paribas sought an automated fraud-detection solution to improve the rate and speed of identifying fraudulent activity. The bank selected ACI software because of its integrated features, proven track record in other European banks, ease of use, and the flexibility to adapt to BNP Paribas' changing needs as the bank strives for enterprise-wide risk management.

ACI Proactive Risk Manager combines the pattern-recognition capability of neural-network transaction scoring with custom risk models of expert rules-based strategies and advanced client/server account management software. BNP Paribas' fraud risk management team will be able to monitor all debit-card transactions for fraudulent activity from one easy interface, according to the release.