ACI Proactive Risk Manager is a financial crime management detection solution to help financial institutions combat fraud schemes, whether they be related to card, wire, ACH, money laundering or other payments risks.

Proactive Risk Manager’s ability to accurately identify fraud attempts in real-time allows users to prevent losses, even at the first attack, claims the technology company.

ACI Worldwide claims that in a matter of months after implementation the ACI solution delivered the savings that had been predicted for the entire first year.

Kiwibank head of Fraud Risk George Hiotakis said Proactive Risk Manager has greatly increased the bank’s card fraud defenses, and the bank started to identify and prevent fraud as soon as the product was implemented.

"Kiwibank prides itself on customer service, and it’s important for us to provide a safe banking environment for our customers – with ACI we have confidence that we can deliver this," Hiotakis said.