- Solutions
- Banking
- Payments hubAccept, transform, and transmit any payment, for any purpose, in any form, from any source in real-time, all in one cloud-native platfor
- AcquiringDigital acceptance, merchant management
- IssuingDigital payments and accounts issuing
- Fraud managementReal-time enterprise fraud management
- ATMsSelf-service, omnichannel digital experience
- High value real-time paymentsMulti-bank, multi-currency processing
- Low value real-time paymentsComplete real-time payments processing
- Digital central infrastructureCutting edge real-time payment infrastructures
- NEW Payment Hubs: Why Banks Must Move Forward With Urgency
- Merchant payments
- ACI Payments Orchestration PlatformEnable customer journeys across commerce channels, accept payments, prevent fraud and optimize your payments journey
- In-storeDynamic, modern in-store payments
- eCommerceOnline and mobile payments
- Alternative payment methodsGive more ways to pay
- Value-added servicesEngagement, optimization and reporting
- Fraud managementEnd-to-end fraud orchestration
- Risk, security, and complianceAchieve and maintain compliance
- NEW Datos names ACI Worldwide best-in-class in payments orchestration
- Industries we serve
- Billing and bill payments
- ACI SpeedpayDrive customer satisfaction with the widest range of bill pay options in the industry.
- Bill payment APIs and SDKsOutsource bill payment processing
- Fraud managementAI-based fraud orchestration technology
- Alternative payment methodsGive more ways to pay
- Loan servicingPreferred loan payment options
- Treasury managementStreamline and integrate your back office
- Automated debt collectionImprove your collections process
- Digital walletsManage digital cards and payments
- PCI compliance and securityAchieve and maintain PCI compliance
- Industries We Serve
- Fraud management and payments intelligence
- Fraud managementFraud solutions to minimize risk and prevent fraud
- Fraud management for bankingEnterprise-wide fraud prevention
- Anti-money launderingStay ahead of money-laundering schemes
- Robotic process automationAutomate payment processing operations
- Fraud management in the cloudProtect your business from the cloud
- Fraud management for merchantsProtect payments from end to end
- ChargebacksPrevent chargebacks before they happen
- SCA complianceAchieve and maintain SCA compliance
- Digital identity solutionsConfirm identities with behavioral analytics
CompanyPrime Time for Real-TimeDiscover the Real-Time Landscape in 2024 and Beyond
How are real-time payments redefining the global economy?
CustomersPartners
Home
On This Page
The rise of artificial intelligence (AI) has brought about significant advancements across various sectors, including fraud. New and more complex cybersecurity threats have emerged, leading to phishing, vishing, account takeovers (ATO), synthetic identity fraud, and more. Fraudsters can use this technology to scam consumers, banks, billers, and merchants out of their hard-earned money, putting the issuing financial institution at risk. This highlights the urgent need for robust security measures and greater transparency when incorporating AI fraud management solutions into your payments ecosystem.
Addressing this challenge starts with increasing intelligence accessibility to a wider range of users, or democratizing AI. Comprehensive insights enable predictive modeling capabilities, empower collaboration, and pinpoint fraudulent behavior.
The democratization of AI is crucial for several reasons.
1. Promotes innovation: More people can experiment and improve AI technologies, uncovering novel applications and solutions that might otherwise remain unexplored.
2. Bridges the gap: Experts must foster consumers’ better understanding of AI’s capabilities and limitations to set realistic expectations. By democratizing the use of AI, it empowers the actual user with the domain knowledge to remain proactive against headwinds.
3. Distributing more equitably: Preventing the concentration of power in a few large corporations makes AI more accessible and inclusive. This not only enhances customer experiences and boosts data-driven decision-making but also drives overall business performance.
4. Security and fairness in mind: This fosters a culture of transparency, ethical AI practices, and equally mitigating biases. Ask yourself: Where would a scammer or a fraudster usually engage in cash-out scams?
- In a high-income area where large ticket value ATM cash withdrawals are common
- In a low- or middle-income area where a large ticket value cash withdrawal might lead to an alert
Encouraging diverse perspectives in AI development can also help identify and mitigate potential risks, leading to more resilient and trustworthy AI solutions. See how KTC, a leading bank, builds a fence of precision to protect its reputation, revenue, and relations with precise and real-time capabilities using ACI’s powerful model generator.
ACI Fraud Management for Banking 
As a product marketer with four years of experience, Karan works on developing go-to-market strategies, product positioning, and orchestrating end-to-end campaigns. At the heart of his work is to educate audiences, aiming to create a safer world by mitigating fraud threats. Entrusted with ACI's payments intelligence and fraud management product marketing, Karan helps businesses pave the path to security and trust within the digital payment landscape.
