News

Bank of South Pacific gets proactive against fraud

The bank is using an ACI risk management tool that identifies potentially fraudulent transactions and blocks them, if necessary.

December 1, 2014

The largest bank in the South Pacific, Papua, New Guinea-based Bank of South Pacific Ltd. has joined with ACI Worldwide to boost fraud protection, a news release said.

BSP is using ACI Proactive Risk Manager to monitor debit cards and merchants. The solution provides added protection to BSP cardholders and merchant customers, alerting the bank's fraud analysts to potentially fraudulent transactions and allowing them to block a card or prevent a merchant from processing further transactions, if necessary.

"We are pleased to have implemented Proactive Risk Manager, working seamlessly with the Postilion product, to offer our clients peace of mind when using their BSP cards anytime, anywhere," said BSP group chief operating officer Robert Loggia in the release.