ACI Worldwide: Unveils fraud scoring tech
- ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations
- Announced the launch of ACI Fraud Scoring, an industry-first fraud scoring platform
- Fraud Scoring enables banks to reduce fraud losses by up to 75 percent
- The service is being rolled out in North America and Europe first, with plans to expand globally in the coming months
- In today’s real-time environment, machine learning is crucial as part of an effective fraud prevention operation
- Incremental learning considerably enhances fraud protection for merchants and financial institutions