Expert view: the ACI blog

Jamie Pearson

Product Manager, Payments, IR

Posted on: Friday, December 12, 2014

Payment hubs and visibility

Payments Hub: How and Why

Payments systems have become highly complex. Why? Because of explosive growth and many years’ worth of customized capabilities and combinations, and mergers and acquisitions. In many cases, this (complexity) has resulted in dozens of different payments engines, with point-to-point integration requirements.

Seth Ruden

Senior Fraud Consultant

Posted on: Tuesday, October 21, 2014

The President and the Standard: Does an Executive Order make payments more secure in the USA?

Last Friday afternoon, as work was winding down, an executive order came down from the President of the United States, nearly knocking me out of my chair.

Subhashish Bose

Senior Fraud Consultant

Posted on: Tuesday, July 8, 2014

The Indirect Cost of Fraud to Banks

Retail banks in Asia Pacific should be worried if they have read the recent survey results of card fraud conducted by Aite Group & ACI Worldwide.  A few warning signs emerged from over 1,800 respondents surveyed across 6 countries in the APAC region.

Michael Grillo

Director, Marketing Line Leader

Posted on: Tuesday, June 24, 2014

Questioning Consumer Confidence in Fraud Protection: Are Banks and Retailers at Risk?

Earlier today, Aite Group (alongside ACI) unveiled a comprehensive new research report that calls into question consumer confidence in fraud protection by financial institutions and retailers.

Michael Grillo

Director, Marketing Line Leader

Posted on: Tuesday, March 11, 2014

Keeping Up with the Changing Landscape for Payment Strategies and Fraud Prevention: The Dialogue from BAI Payments Connect

BAI Payments Connect 2014 kicked off in Las Vegas, NV at a critical time when financial institutions are looking for ways to stay competitive in the disruptive payments market and deliver real-time solutions required by their customer base while balancing the need to protect their institutions and customer accounts from fraud threats.

Dave Shelpuk

Principal Solution Consultant

Posted on: Thursday, December 19, 2013

Don’t Overlook the Obvious: Fraud Prevention Fundamentals

Surely, now that we have the ability to process exabytes, yottabytes …nay…. brontobytes of data, fraud prevention nirvana must be within our grasp.

Michael Braatz

SVP Product Line Manager

Posted on: Thursday, November 8, 2012

Your Best Ally in the Fraud Fight? Customers!

One finding from the recent 2012 ACI Fraud Survey was clear:  82% of card holders want to be notified by their financial institution in the event that suspicious activity is detected on their account.  Another way to look at this is that 4 out of 5 card holders want to be part of the fraud prevention process.

Michael Grillo

Director, Marketing Line Leader

Posted on: Thursday, July 26, 2012

Going cashless: the heat is on

It seems that Canada’s revamped polymer currency isn’t quite holding up the way they hoped. Recent reports say the money has been melting when placed too close to a heater or when left in a hot car. Not a problem they thought they’d have in the Canadian climate, I’m sure.

Posted on: Monday, July 16, 2012

Using Mobile Innovation to Reduce Fraud

The Observatory for Payment Card Security recently released a report on card fraud in France and looked at several channels, including online and face-to-face payments. The data showed the overall rate of fraud in card transactions rose to 0.077% in 2011 from 0.074% in 2010. The rate of fraud in remote transactions, which includes purchases on the Internet, was 0.321% in 2011, while the rate of fraud in transactions made in person was 0.015%.

Michael Grillo

Director, Marketing Line Leader

Posted on: Monday, June 25, 2012

Personal fraud management: staying a step ahead

I just finished reading an article which discussed how to avoid becoming a fraud victim. The author discussed various schemes facing consumers today (e.g. e-mail scams, online banking fraud, etc.), ways to avoid or combat said attacks (e.g. anti-virus software) and ways to recoup lost money from a fraud scam (which can be contingent on how responsible you are as a consumer).