24 January 2017
visit http://www.wolterskluwerfs.com

BNP Paribas implements ACI debit card fraud detection kit

18 February 2004  |  4441 views  |  0 BNP Paribas implements ACI debit card fraud detection kit

BNP Paribas has licensed ACI's Proactive Risk Manager package in an effort to clamp down on rising levels of debit card fraud.

The automated fraud detection software uses neural networks and custom risk profiles to improve the rate and speed of identifying fraudulent activity. At BNP, the software is being implemented alongside existing banking systems, providing the bank's fraud risk management team with a single interface for monitoring debit card transactions.

"The increasing rate of card fraud is a major concern for us," says Emmanuelle Fenard, card marketing head at BNP Paribas. "We were very clear about our fraud detection needs and the tight timescales we wanted to meet."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

BNP Paribas signs EUR1bn IT services deal with IBM

BNP Paribas signs EUR1bn IT services deal with IBM

19 December 2003  |  6455 views  |  0 comments
BNP Paribas outsources Eftpos terminal management to Axalto

BNP Paribas outsources Eftpos terminal management to Axalto

15 December 2003  |  3315 views  |  0 comments
HP and ACI win $1 million Rahaxi Processing contract

HP and ACI win $1 million Rahaxi Processing contract

26 November 2003  |  3415 views  |  0 comments
BNP Paribas Asset Management rolls out PeopleSoft CRM system

BNP Paribas Asset Management rolls out PeopleSoft CRM system

17 November 2003  |  3304 views  |  0 comments
Banco de Credito del Peru renews ACI contract

Banco de Credito del Peru renews ACI contract

01 October 2003  |  3492 views  |  0 comments
Arab National Bank selects ACI for fraud detection

Arab National Bank selects ACI for fraud detection

16 October 2002  |  5757 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit wavestone.co.ukVisit capgemini.comhttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Top topics

Most viewed Most shared
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
10325 views comments | 60 tweets | 53 linkedin
HSBC forms tech advisory boardHSBC forms tech advisory board
7033 views comments | 22 tweets | 23 linkedin
New York regulator blasts OCC over bank charter plan for fintech firmsNew York regulator blasts OCC over bank ch...
6199 views comments | 21 tweets | 15 linkedin
hands typing furiouslyBlockchain: Securities market infrastructu...
6196 views 0 | 3 tweets | 3 linkedin
China's Ant Financial goes global in bid for two billion users in 10 yearsChina's Ant Financial goes global in bid f...
5680 views comments | 22 tweets | 12 linkedin

Featured job

Competitive base, double OTE, benefits
London, UK

Find your next job