ACI said the new solution includes a host of new features designed to improve enterprise-wide fraud detection, increase governance and compliance, and streamline fraud and risk analyst activities.
According to the ACI, the latest Proactive Risk Manager solution will enable financial institutions, processors and retailers to perform multi-dimensional, 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 non-monetary.
The company said the new approach will allow fraud detection teams to uncover emerging fraud schemes and spot fraud quicker and more accurately.
The employee fraud monitoring capabilities in release 8.0 give institutions the ability to monitor for internal fraudulent activity, which includes monitoring employees involved in branch transactions and the transactions themselves in support of increased governance of insider activity.
ACI has also launched Analytic Gateway solution which empowers the users to send transactions to multiple scoring engines to better detect suspicious transactions, as well as significant enhancements in rule writing and alert management to help analysts manage and respond to more alerts, more quickly.
ACI claims that both the solutions meet PA-DSS certification in support of PCI compliance.
ACI Worldwide chief product officer Louis Blatt said Proactive Risk Manager is trusted by more than 160 organizations around the world.
