Different organizations, with their individual customer demographics and circumstances, encounter fraud in different areas. With the different modules of ACI Proactive Risk Manager, users can fight fraud in the right way for their individual needs, either across all their channels with the Enterprise Risk solution, or in the individual areas where they are most vulnerable.
ACI Proactive Risk Manager for Anti-Money Laundering
ACI Proactive Risk Manager for Anti-Money Laundering is a comprehensive monitoring and detection solution that helps identify unusual activity and offers a fast track to compliance. Proactive Risk Manager offers the power of expertly defined rules and strategies for fast, accurate and flexible response to the evolving money laundering problem. For those institutions requiring advanced levels of analytics with a business-intelligent solution, a custom neural network can be added to provide an increased level of risk protection.
ACI Proactive Risk Manager for Debit and Credit Card Fraud Detection
ACI Proactive Risk Manager for Debit and Credit Card Fraud Detection compares the characteristics of each transaction with the recorded patterns of behavior for every cardholder. It assesses the risk of each transaction using a variety of parameters and accumulated statistics, which it maintains and recalculates in real time.
The models are based on each issuer’s card portfolio rather than industry data. This custom modeling technique enhances the system’s fraud-detection capabilities, which produces lower false positives and provides maximum protection of the “value at risk”. Users can periodically update custom models to adapt to emerging fraud patterns.
ACI Proactive Risk Manager for Debit and Credit Card Fraud Detection
ACI Proactive Risk Manager for Enterprise Risk
ACI Proactive Risk Manager for Enterprise Risk helps institutions fight identity theft and account takeover, two of the fastest-growing crimes. By monitoring account activity across all lines of business, Proactive Risk Manager enables users to see more fraudulent activity in a shorter amount of time, minimizing losses and helping to preserve the customer relationship.
ACI Proactive Risk Manager for Enterprise Risk
ACI Proactive Risk Manager for Merchant Fraud Detection
ACI Proactive Risk Manager for Merchant Fraud Detection identifies subtle patterns of fraudulent behavior by comparing deposit/authorization activity against the merchant’s historical activity in these areas. The system also detects suspicious cardholder transactions. If a pattern is found, the transaction is flagged for review, allowing the merchant to take prompt and appropriate action. Proactive Risk Manager’s ability to recognize fraudulent activity and learn from experience provides a proactive method of reducing losses incurred from merchant fraud.
Industry insight on merchant acquiring fraud
ACI Proactive Risk Manager for Wire Transfer Fraud
Financial institutions using ACI Money Transfer System to wire money domestically and internationally have the ability to selectively monitor wire activity using the solution’s real-time interface with ACI Proactive Risk Manager. With Proactive Risk Manager, financial institutions can mitigate risk associated with wire transfers while balancing the need to meet customer expectations and service-level time frames.
ACI Proactive Risk Manager for Wire Transfer Fraud Detection