ACI Worldwide Honored with Innovation Excellence Award from Frost & Sullivan for eCommerce Fraud Prevention
Summary
Key parameters independently analyzed by Frost & Sullivan for its eCommerce fraud prevention report included innovation scalability, R&D, product portfolio, customer alignment, vision and strategy. The report indicates a clear need for eCommerce fraud prevention solutions that utilize behavioral analytics and leverage the power of machine learning (ML) and artificial intelligence (AI). “Achieving excellence in innovation is never an easy task, but it is made even more difficult considering today’s intensely competitive environment, customer volatility, economic uncertainty, and rapid technology evolution,” said Vikrant Gandhi, Industry Research Director, Frost & Sullivan. “It’s an honor to be recognized by Frost & Sullivan as an industry leader in eCommerce fraud prevention,” said Debbie Guerra, EVP – merchant and payments intelligence solutions, ACI Worldwide. Beyond our technology, our strong and talented team of data scientists and risk analysts continue to drive ongoing improvement strategies for our customers, helping them react quickly in a dynamic environment.” Download the full Frost Radar analysis to see why Frost & Sullivan named ACI’s UP Payments Risk Management solution for merchants an industry leader for eCommerce fraud prevention.