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Michael Braatz

Michael Braatz

Senior Vice President, Payments Risk Management

Michael Braatz

Mike joined ACI in July 2012 and is responsible for the overall strategy, roadmap and delivery of payments risk products and solutions. Prior to ACI, Mike was SVP & GM at Memento, a provider of enterprise fraud management solutions acquired by FIS.  Earlier in his career he was a consultant with Bain & Company, working with clients in the software and financial services industries. Mike started his career as an officer in the U.S. Air Force, where he attained the rank of Captain and was decorated for outstanding leadership and performance. Mike earned a B.A. in mathematics from Northwestern University and an MBA from Northwestern's Kellogg School of Management.


More articles by Michael Braatz

  • Consolidating payment platforms

    The Challenge and Reward of Consolidating Payment Platforms

    Monday, September 18, 2017

    The majority of retailers operating internationally have multiple payment platforms, designed to suit the local markets in which they operate, and these platforms often differ between sales channels according to research carried out by ACI Worldwide and Retail Week. This reflects not only different consumer expectations and payment preferences, but also the cost of upgrading and consolidating multiple payment systems. The emergence of new payment options, combined with pressure to be compliant with the latest payment standards, only adds to the complexity.

  • Perfect Storm

    What Does a Perfect Storm Look Like for Retailers?

    Tuesday, September 08, 2015

    After months of buildup, strategizing and setting up infrastructure, the switch to EMV in U.S. markets—and its attendant liability shift to merchants—is nearly upon us. 

  • ACI and ReD: How the acquisition will benefit ReD customers

    Sunday, September 07, 2014

    On August 12 2014, ACI Worldwide completed its acquisition of ReD. Here Mike Braatz, Senior Vice President, Product Line Manager, Payments Risk Management, ACI Worldwide, talks about the strategic reasons behind the acquisition and the additional benefits it will bring to ReD customers. 

  • Think Globally, Act Locally

    Think Globally, Act Locally

    Tuesday, December 17, 2013

    For the past few years, significant attention has been paid to the problem of online fraud on commercial accounts.   Often referred to as corporate account takeover fraud – or sometimes ACH and Wire fraud – this fast-growing threat first stepped into the spotlight with the issuance of the U.S. FFIEC’s 2005 guidance on Authentication in an Internet Banking Environment.

  • Your Best Ally in the Fraud Fight? Customers!

    Thursday, November 08, 2012

    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.

  • Mitigate Fraud by Engaging Your Customers

    Wednesday, October 31, 2012

    The recent ACI Global Fraud Survey reveals a number of important takeaways for financial institutions.  One of the many key data points in this study is the 21 % post-fraud attrition figure.  To be specific, more than one-in-five card holders will either switch to another bank or stop using their card altogether after experiencing fraud.  This indicates a kind of post traumatic stress affect, if you will.