Prevent trillions of dollars of losses in financial crimes and regulatory fines
Money launderers, fraudsters, scammers, and bad actors are becoming bolder, utilizing advanced technology to commit financial crimes faster and on a grander scale. The rise of global real-time payments gives criminals a larger opportunity to take advantage of the system, making it harder for banks to prevent these attacks before they happen. This increases the risk of regulatory fines, reduced revenue, and loss of consumer trust.
$3,100,000,000,000
Source: 2024 Nasdaq Fin Crime Report
Built for security
With more than half a century of experience in payments protection, ACI continues to provide sophisticated fraud prevention tools and techniques that tackle today’s toughest challenges while keeping up with complex regulatory requirements. Our regional teams understand your need for fast response times and streamlined operational management without sacrificing security, services, reliability, or speed to market.
Financial institutions using ACI solutions experience:
> 85%
Detection rates
1.5x
Effective cash-out scam detection
3:1
False positive rate
Take control of your fraud management strategy with the platform that does it all
Financial fraud is a pervasive issue in the banking sector and can take many forms, including:
Defeat fraud with AI-powered technology
Reduce risk and fraud management costs while enhancing predictability on-premises, in the cloud, or within a hybrid environment.
Gain real-time anomaly detection
Analyze intelligence across a vast footprint, pinpointing anomalies and ensuring business continuity while minimizing disruptions with patented self-learning algorithms.
Achieve AML/KYC compliance without risking fines
Leverage advanced AI technology to automate model refreshes under-regulated parameters, ensuring robust transaction monitoring, timely reporting of suspicious activities (SARs), and maintaining sufficient resources for compliance
Fight back against modern scammers
According to the ACI Scamscope Report, fraudsters bank on victims staying silent due to stigma, and many customers will choose to leave their institutions once they have been scammed. You are your customers’ first line of defense against financial crime.
Media
Transform banking fraud management
Beyond point solutions: Orchestrating the future of fraud prevention
Modern fraud and AML threats demand a unified real-time orchestration platform built for speed, scale, reliability, and compliance
Fight real-time payments fraud in three simple steps
The world has gone digital and operates in real-time —payments fraud is no different. When fighting fraud, speed is of the essence.
Fight payments fraud in a world where change Is permanent
Increase fraud detection with fully managed fraud scoring services. Learn everything you need to know about the new, effortless AI driving 75% reductions in fraud losses.
Fraud detection
See how network intelligence is driving unprecedented collaboration in the fight against payments fraud
The globally recognized leader in banking fraud management
Best risk management solutions provider
In recognition of our enterprise fraud prevention capabilities, ACI Worldwide was awarded “Best Risk Management Solution Provider 2024” by MEA Finance.
A comprehensive center of excellence
Datos Insights states, “ACI’s payments intelligence framework is a comprehensive analytics center of excellence that leverages the company’s position across the payments ecosystem.”
RELATED SOLUTIONS
Safe and secure
ACI Worldwide has a wide range of fraud prevention capabilities that enable banks to achieve industry-leading performance.
Real-time payments fraud prevention
End-to-end, real-time enterprise fraud management featuring multilayered fraud prevention
Network intelligence
Proprietary technology that enables banks, processors, acquirers and networks to securely share and consume industry-wide fraud signals to feed their machine learning models
Anti-money laundering
Strong, advanced AML compliance framework to maintain compliance with international and domestic regulations
Fraud scoring services
Effortlessly stay ahead of real-time fraud with a fully managed, automated fraud scoring service driven by ACI’s patented incremental learning capabilities deployed in the Microsoft Azure public cloud
Strong customer authentication
Complete fraud management solution that delivers full SCA compliance with value-added capabilities to enable your exemptions strategy
Machine learning
Enhance fraud detection and financial crime prevention with AI-driven, self-learning algorithms that ensure compliance with PCI DSS v4.0, AML, KYC, and sanction screening.
Fraud management in the cloud
Gain greater control of your fraud strategy with a cloud-based, fully managed fraud management solution
Digital central infrastructure
Deploy secure real-time payment rails, launch new payment methods and schemes with back-office management using a single, innovative infrastructure solution
Related Resources
Blog Post
Banking
Fraud Management for Acquiring Banks: Exceeding Expectations With SCA Exemptions Post-PSD2
Merchants in many markets experienced a decrease in footfall in physical stores across the 2021 holiday period. Although this is usually a busy shopping period in Europe, rising COVID-19 cases and new digital payment methods encouraged consumers to do more shopping online, across more channels and payment types than ever before.
Blog Post
Banking
How Westpac New Zealand Fights Fraud With Analytics and Intelligence
Research predicts that the global cost of fraud will reach $40.62 billion by 2027, 25 percent more than the fraud losses in 2020. With banks, PSPs and merchants racing toward real-time payments adoption, they must also acknowledge the increased risk of fraud that it brings, while further reducing the chances of recovering funds.
Blog Post
Banking
Emerging Forms of Payments Fraud and How To Tackle Them
In the first half of 2021, the UK lost £753.9 million to fraud, an increase of 30 percent compared to H1 2020, according to the most recent report by UK Finance. The report also revealed that banks using more advanced security systems were able to prevent an additional £736 million from being stolen.
