June 14, 2011

ACI Worldwide, an international provider of payment systems, launched ACI Proactive Risk Manager 8.0, the latest version of its financial crime management solution. This release includes new features designed to improve enterprise-wide fraud detection, increase governance and compliance, and streamline fraud and risk analyst activities.

Key features of release 8.0 include:

•    Multidimensional, multichannel views of customer activity.

•    Transaction enrichment options combining multiple fraud scores.

•    Enhancements in rule writing and alert management.

•    The addition of employee fraud monitoring.

•    Security enhancements to meet PA-DSS certification.

The new employee fraud monitoring capabilities in release 8.0 have been added to give institutions the ability to monitor for internal fraudulent activity. This feature includes monitoring employees involved in branch transactions and the transactions themselves in support of increased governance of insider activity.

The company says Proactive Risk Manager release 8.0 will enable financial institutions, processors, and retailers around the world to perform multidimensional enterprise fraud and risk evaluations for multiple departments from a single installation of the product, covering all payment types and channels, and all interactions with the customer, both monetary and nonmonetary (such as address changes).

ACI also introduced Analytic Gateway, which gives users the ability to send transactions to multiple scoring engines to better detect suspicious transactions. The product offers, enhancements in rule writing and alert management to help analysts manage and quickly respond to alerts. Analytic Gateway also delivers more flexible data input configuration options through its XML messaging, expanding the data input capabilities. This release also includes security enhancements to meet PA-DSS certification in support of PCI compliance.

 

For more information please go to:

http://www.aciworldwide.com/en/News-and-events/Press-releases/ACI-Worldwide-Delivers-Complete-Enterprise-Fraud-Detection-with-ACI-Proactive-Risk-Manager-8.aspx