ACI Worldwide, an international provider of payment systems, announced this week the release of the newest version of ACI Proactive Risk Manager, a payment fraud detection and mitigation solution for financial institutions, processors, and merchant retailers.
With the explosive growth of transnational, organized fraud and identity theft, Proactive Risk Manager 8.1 empowers financial institutions to stay one step ahead of financial criminals. An enhanced profiling feature enables custom behavioral profiling for customers, accounts, cards, terminals, merchants, employees and their peer groups using any data element brought into the system from varying timelines. Such advanced behavioral profiling helps better target fraud detection scenarios and lowers false positive ratios.
