This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ACI Worldwide Teams With Suncorp Bank To Fight Payments Fraud

NAPLES, Fla., Sept. 18, 2012 (GLOBE NEWSWIRE) -- ACI Worldwide (Nasdaq:ACIW), a leading international provider of payments systems, announced today that Suncorp Bank, a division of Suncorp Group of Australia, has implemented ACI Proactive Risk Manager™ 8.0, the company's comprehensive fraud management solution. A Proactive Risk Manager customer since 2002, Suncorp migrated to the next generation of the solution in order to take advantage of its real-time fraud detection functionality and its ability to integrate, present and enable disposition of fraud alerts from multiple transaction channels in a single system.

Proactive Risk Manager is a payments fraud management solution designed to detect and combat evolving and increasingly sophisticated fraud schemes. It combines predictive analytics with expertly defined rules to enable an accurate, flexible and real-time response to the increasingly complex and dangerous risks presented by fraud and money laundering.

"Protecting the assets our customers entrust to us is one of our most important duties," said Martin Latimer, Executive Manager Group Financial Crimes, Suncorp. "We know that those who wish to defraud and steal from us are always seeking new and creative methods, and we are determined to do everything we can to prevent that. By implementing Proactive Risk Manager 8.0, we believe we are better prepared to meet this challenge."

"Fraud will always be a tremendous risk for financial institutions and could be very costly for those that are not properly prepared," said Mike Braatz, Senior Vice President, Payments Fraud, ACI Worldwide. "In order to keep up with rapidly changing fraud schemes, financial institutions around the world need to implement solutions which will stand guard every minute of every day and provide the flexibility to keep up with evolving threats. We are happy to continue our partnership with Suncorp in their initiative to expand their successful fraud prevention programs, to cover other channels and ensure the lowest possible risk exposure for their clients.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs