ACI Worldwide announced that its partnership with Swedbank has contributed to a 55 percent decrease in card fraud. The bank partnered with ACI to enhance its fraud platform with the help of ACI Fraud Management. Swedbank was recognized for its innovative approach to SCA with the Model Risk Manager Award for Legacy and Ecosystem Transformation by Celent. The bank has created a true market differentiator for themselves and their clients by deploying the latest ACI technology, says Jay Floyd. The offering was recently enhanced with shared intelligence, empowering the bank to build hybrid machine learning models.
Source: https://www.helpnetsecurity.com/2021/07/07/aci-worldwide-swedbank/