Our primary use case for ACI Fraud Management is the detection and prevention of payment fraud. We work with a company that is a partner with ACI, and we use this solution integrated with a switching platform to detect card fraud. We can set up diverse rules, and it also has the capability for machine learning and other functionalities.
What is Fraud Detection and Prevention? It wasn’t that long ago that fraud detection and prevention involved reviewing a fair bit of historical data analysis. Data scientists would be poring over tons of credit card records in order to spot fraudulent (or with luck, potentially fraudulent) activity.
Fast forward to today and we see fraud detection systems depend on catching and stopping fraud the second it’s spotted or even before it actually occurs. Automated solutions for fraud...
Our primary use case for ACI Fraud Management is the detection and prevention of payment fraud. We work with a company that is a partner with ACI, and we use this solution integrated with a switching platform to detect card fraud. We can set up diverse rules, and it also has the capability for machine learning and other functionalities.