Cityscape Against Clear Sky And Light Trails At Night

Banking

October 27, 2021

Four Reasons Banks and Financial Institutions Should Fight Fraud in Real Time

light trails at night

Banking

October 22, 2021

Real-Time in Real Life: The Evolution of Real-Time Payments in the U.S.

Data Security

Merchants

October 18, 2021

Data Is Evolving – Are Your Fraud Prevention Services Keeping Pace?

Cybercrime

Banking

October 6, 2021

Where Payments Move Freely, Fraud Moves Fast: How to Clamp Down on Real-Time Fraud

Data Security

Merchants

October 18, 2021

Data Is Evolving – Are Your Fraud Prevention Services Keeping Pace?

It’s a constant struggle – as consumer behavior evolves, so do fraud tactics, as fraudsters seek vulnerabilities exposed by rapid change. And there’s no disputing that the pandemic has changed consumer behavior and accelerated the adoption of digital payment methods.

Cropped shot of a woman's hand using smartphone for shopping

Merchants

July 7, 2021

Buy Now Pay Later Growth: PayPal Pay Later

In our ongoing blog series covering Buy Now Pay Later (BNPL), we’ve begun exploring the explosive growth of such payment methods while wondering if BNPL is really worth the hype. We then spotlighted Klarna, one of the major BNPL providers. We’ll now examine another leading BNPL provider, PayPal.

Data and Analytics

Merchants

June 23, 2021

Monetizing Payments Data: How Merchants Can Leverage the Power of Analytics

In the world of commerce, everything is driven by data. The information that merchants collect and analyze determines the marketing channels they use, what products they stock and which customers they focus on.

QR Code payments grocery checkout

Merchants

June 18, 2021

QR Codes Strike Back!

In the early 2010s, quick response (QR) codes were widely viewed as a challenger to NFC-based payments. While that held true in various Asian markets, QR codes remained largely absent from the U.S. and other western markets.

Security shield in matrix

Merchants

May 28, 2021

Manual Order Review: When Can Outsourcing Strengthen Your Last Line of Defense?

Manual order review (MOR) has often been referred to as the last line of defense to securing good revenue, but how does it fit into a merchant’s business? Striking the proper balance between automated fraud prevention tool(s) to allow legitimate orders to flow through, while identifying questionable ones, is a…

Merchants

January 7, 2021

Merchants Don’t Need a Payments Gateway, They Need a Payments Hub

The term “payments gateway” over-simplifies what it takes to process a payment. The terminology comes from the early days of online payment processing, but has now entered the vernacular for all aspects of merchant payments, including online, mobile and in-store.

Prime Time for Real-Time

Global Payment Trends
As the world adopts real-time payments, how does your market stand to benefit?

Merchants

November 18, 2020

Do Merchants Have the Right Tools to Tune Their Engines for the Innovation Race?

2020 has been a year of many, many changes, across nearly all walks of life and business. One beacon of light is that these circumstances have pressed the digital acceleration button, in some cases advancing digital uptake and innovation by years, within a matter of a few months.

Merchants

August 27, 2020

Omni-Commerce Is Heating Up the Merchant Token Revolution

Merchants around the world have embraced the wisdom of keeping sensitive customer data (such as card numbers) out of their own environments, with tokens emerging as the tool of choice to bridge the gap. Merchant functions — including reservations, returns, reporting, rewards, research, reconciliation and more — have typically required access to sensitive data, but a series of high-profile breaches has highlighted the need to store card numbers in tightly secured safe harbors.

Banking

August 20, 2020

How National Central Infrastructure Initiatives for Real-time Payments Create Immediate Business Opportunities for Merchants

More and more countries and regional alliances are investing in the creation of new financial market infrastructures. Governments and leaders of central banks have decided that the finance industry needs investment to be fit for the demands of digital economies, suitable for the trailblazing businesses of the fourth industrial revolution.

Merchants

August 12, 2020

Defense in Depth: Fighting Fraud in India with a Multi-Layered Approach

There’s a quip, albeit ironic, making the rounds as forwarded emails and messages – “Who’s driving digital transformation among enterprises: CEO or CIO? The correct answer is COVID-19.” Going beyond impacting global well-being, COVID-19 is pushing the corporate world to rapidly introduce new measures for business continuity. Diametrically opposite to continuity, the black swan event of the novel coronavirus is creating disruption in terms of exploitation and fraud perpetration – especially in the banking and financial sector.

Merchants

August 4, 2020

Introducing Incremental Learning: An Industry-First Boost for Fraud Prevention

In our previous blog on machine learning, we sought to clarify its role in fraud prevention for merchants. To summarize, it can be an extremely effective way to identify patterns of fraud in a manner and at a speed that humans cannot. It is a critical tool in the fight against fraud, especially when used as part of a multi-layered fraud solution.

Merchants

July 29, 2020

Machine Learning: Separating Fact from Fraud Fiction for Merchants

Machine learning is a broad discipline about which many claims, sometimes extravagant, are made. In recent years, it has often been hailed as the most effective answer to stopping payments fraud. At ACI, we’ve been working with machine learning models to prevent fraud for over two decades – and we know they can play a critical role in improving fraud detection accuracy. Here we bring together a few insights on how models can be used most effectively.