ACI Worldwide Announces 2018 Innovation Award Winners, Recognizing Global Payments Innovation
This year’s winners include:
- ABN AMRO—one of Europe’s largest banks, ABN AMRO implemented
several innovative fraud detection and prevention solutions,
reducing fraud losses by implementing "Fraud as a Service" and
predicting upcoming fraudulent events using non-financial data. With
the combination of these innovations,
ABN AMRO can predict possible fraud activities before any fraud losses occur. - DBS— As the largest bank in
Southeast Asia , DBS has introduced a revolutionary payment framework underpinned by ACI’s UP Real Time Payments. Since the new platform went live three months ago, it has enabled industry firsts such as the successful launch of theSingapore Fast and Secure Transfers (FAST) payment gateway, as well as the WeChat Pay gateway, which enables customers outside ofChina the ability to bundle their DBS credit cards with the WeChat Pay service. - Erste Bank Hungary (EBH)—one of the largest financial service
providers in Central and
Eastern Europe , EBH is one of the first banks in the region to fully meet PSD2 and instant payments compliance requirements. It is also one of only a few banks to deploy a future-proofed solution with the ability to deliver additional value, rather than a short-term workaround to meet compliance. - LoanCare—a leading
United States provider of full-service residential servicing to the mortgage industry, LoanCare’s agents can remain in an application they are already using while providing a new feature for debit card acceptance with little effort, while remaining PCI compliant—an industry first, as debit cards are not integrated into any other system of record for mortgage servicing. - Santander Bank—a
United States -based wholly-owned subsidiary ofSantander Group , Santander introduced a new, multi-layer, secure access platform with its launch of commercial online banking system, Santander Treasury Link. This innovation delivers a single integrated gateway and central provisioning platform, improving the client experience for both clients and the bank’s client onboarding and servicing teams, by enabling the ability to manage access to products and services with greater ease and control. WithSantander Link , the branded single sign on digital access platform, the bank plans to add access to more of its cash management solutions in the future. - Suncorp Group—one of Australia’s largest banks. Suncorp is well down the journey of true enterprise-wide, real-time payments risk management with Debit Card, ATM, POS, Branch banking transactions and, most recently, Digital Wallet in one solution with remaining Digital banking channel migration also well under way. The initiative has directly addressed the business challenge of achieving a cross-channel, 360-degree view of activity while minimizing friction to genuine customers. This has resulted in being able to provide a more complete picture of the customer, which has not only significantly increased the accuracy of fraud detection, but has also enabled fraud analysts to make quick decisions when an account is alerted as they have all the information needed on the one screen.
“As business and consumer preferences evolve and their expectations
increase, today’s organizations must innovate or risk attrition. The
winners of this year’s ACI Innovation Awards are on the cutting edge of
payments and epitomize the best in the industry,” said
For additional information on the Innovation Awards program and winners, please visit: www.aciworldwide.com/awards.
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Source:
ACI Worldwide
Dan Ring, 781-370-3600
dan.ring@aciworldwide.com
or
Katrin
Boettger, 0044 (0)7776 147 910
katrin.boettger@aciworldwide.com