Navigating Intelligence Sharing Challenges in the Banking Industry

The banking industry faces mounting challenges in sharing intelligence to combat both authorized and unauthorized fraud threats. These threats include APP scams, cash-out fraud, synthetic identity fraud, Account Take Over (ATO), and first-party fraud. Simultaneously, banks strive to meet consumer expectations for enhanced services. However, this pursuit comes at a cost, as operational expenses rise for financial institutions and intermediaries.

One critical hurdle lies in the industry’s shift toward single-vendor approaches. While this trend may offer benefits, it also creates disparities in data centralization and normalization. Consequently, institutions find themselves unable to fully harness the power of intelligence to safeguard against fraud and enhance customer experiences

Enhancing Fraud Management with ACI’s Payment Intelligence Framework

ACI’s fraud management solution stands out due to its robust Payment Intelligence framework. Here’s why it matters:

In the dynamic landscape of fraud prevention, ACI’s blend of intelligence and innovation sets the gold standard.

ACI’s Cutting-Edge Fraud Management: Empowering Financial Institutions

ACI’s robust fraud management solution is anchored in the Payments Intelligence framework, a sophisticated ecosystem that seamlessly integrates advanced technologies. Let’s delve into the specifics:

In summary, ACI’s Intelligent Payments Orchestration not only safeguards against fraud but also fuels growth and innovation. As financial institutions navigate the complexities of the digital landscape, ACI stands as a trusted partner, driving excellence and resilience

Learn More - ACI Fraud Management for Banking - Knowledge Hub