Skip to content

ACI Worldwide

ACI Worldwide Expert

ACI Worldwide

ACI Worldwide powers electronic payments for financial institutions, retailers and processors around the world with its broad and integrated suite of electronic payment software.

More articles by ACI Worldwide

  • A fraud Q & A with John Verrechia

    Thursday, August 16, 2012

    John Verrechia is a Senior Manager on the Fraud Analytics Team at the Nationwide Building Society, analytical architect of ACI’s PRM card fraud detection system. At ACI Exchange, John spoke about how Nationwide Building Society has utilised and enhanced the ACI Proactive Risk Manager card fraud detection system to reduce their card fraud losses by 75% in the last three years. In this Q&A, John shares his thoughts on some of the key fraud issues affecting financial institutions at the moment.

  • A fraud Q & A with Arjun Medhi, CIFAS

    Tuesday, July 03, 2012

    Arjun Medhi manages the Staff Fraud Database operations at CIFAS, the UK’s Fraud Prevention Service. He was a keynote speaker at this year’s ACI Exchange EMEA Annual Conference in Monaco, where he spoke about the state of employee fraud in the UK private sector. In this Q&A, Arjun recaps some of the main pillars of his speech, looking at fraud profiling and the issue of whistleblowing.

  • Should banks be held liable for Ponzi schemes?

    Friday, December 16, 2011

    Ponzi schemes were named for Charles Ponzi after he defrauded customers out of approximately 20 million dollars back in 1920 (over $225 million today).

  • Reflections on AFP

    Tuesday, November 08, 2011

    Meeting face to face, and spending time talking to people, is the best way to really get a feel for the industry

  • Banking Meets Mobile at Cardist

    Wednesday, November 02, 2011

    The Cardist conference, Banking Meets Mobile, started yesterday in Istanbul and the real buzz was focused on mobile and the near future of payments.

  • Transforming payments into a profitable business

    Tuesday, August 23, 2011

    Transaction banking is now receiving the respect it deserves as a sustainable source of revenue and vital customer touch point. In fact, in 2009 global payments revenues were $900 billion – double that of our worldwide airlines.

  • Happenings in the retail space - Part 1

    Tuesday, May 31, 2011

    For those of you interested in what is going on in the merchant retail space, specifically in the US, I wanted to share with you the findings of some research we ran recently, which identified that half of U.S. consumers would prefer one card for all of their retail loyalty programs. They also said that loyalty and rewards programs have become too complicated and burdensome, and they aren’t truly driving loyalty.

  • Happenings in the retail space - Part 2

    Friday, April 01, 2011

    In my blog yesterday I started to explore some of the challenges retailers face with loyalty schemes. Continuing that theme, we also found from our research that more than 2 in 5 U.S. consumers have had a negative experience with a loyalty program.

  • SEPA - Still engulfing payment agendas?

    Monday, January 17, 2011

    Another New Year, but still the same old SEPA discussion – when? If? Whilst the industry is inching forward, with the draft of the regulation proposing the migration to SEPA schemes published in Dec 2010, there is still along way to go and the hard work doesn’t stop there for anyone. Based on the conversations that I’m having with clients, there are some points worth remembering.

  • The Credit Card in Germany

    Wednesday, November 24, 2010

    It is good news that credit cards are the most popular payment method in German e-commerce for the first time. It’s also interesting that 2010 has seen a significant growth in the number of credit cards being issued in Germany with organisations such as Deutcshe Bahn and others starting to co-brand credit cards again. For example, LandesBank Baden Wüttenberg has issued a card with the football team VfB Stuttgart, which can be used at the stadium. In addition, Postbank, Targobank and Santander Consumer Bank in Germany have also grown significantly having pushed their credit card offerings and upped their sales activities.