30 April 2017
Find out more

BNP Paribas implements ACI debit card fraud detection kit

18 February 2004  |  4510 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  |  6532 views  |  0 comments
BNP Paribas outsources Eftpos terminal management to Axalto

BNP Paribas outsources Eftpos terminal management to Axalto

15 December 2003  |  3385 views  |  0 comments
HP and ACI win $1 million Rahaxi Processing contract

HP and ACI win $1 million Rahaxi Processing contract

26 November 2003  |  3477 views  |  0 comments
BNP Paribas Asset Management rolls out PeopleSoft CRM system

BNP Paribas Asset Management rolls out PeopleSoft CRM system

17 November 2003  |  3389 views  |  0 comments
Banco de Credito del Peru renews ACI contract

Banco de Credito del Peru renews ACI contract

01 October 2003  |  3560 views  |  0 comments
Arab National Bank selects ACI for fraud detection

Arab National Bank selects ACI for fraud detection

16 October 2002  |  5842 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit dh.comVisit capgemini.comvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
JPMorgan formally quits R3JPMorgan formally quits R3
8164 views comments | 27 tweets | 16 linkedin
Six global banks join Swift DLT trialsSix global banks join Swift DLT trials
8123 views comments | 17 tweets | 36 linkedin
BBVA steps up fintech acquisition strategy with purchase of OpenpayBBVA steps up fintech acquisition strategy...
7627 views comments | 18 tweets | 18 linkedin
Should central banks open up payment and settlement systems to non-banks?Should central banks open up payment and s...
6435 views comments | 22 tweets | 21 linkedin
UBS moves risk platform to Microsoft Azure cloudUBS moves risk platform to Microsoft Azure...
6216 views comments | 11 tweets | 21 linkedin

Featured job

to 120K base, £300K ote, stock options
London, UK

Find your next job