Press Release

ACI recognized for the leading application of emerging technology; Anju Joseph receives top honors as Analytics Practitioner of the Year

MIAMI, FLA and DUBLIN — June 24, 2022 — ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, picked up two highly-contested awards at the recent Analytics Institute of Ireland Analytics & AI Awards, held in Dublin.

In the Emerging Technology Award category, ACI was recognized for its innovation in using artificial intelligence (AI) to write unit testing scripts autonomously, enhancing and speeding up the development process across ACI’s portfolio of payments and fraud solutions. The project was led by ACI’s Limerick-based Data Science team.

Further demonstrating the strength of ACI’s Data Science team, Anju Joseph was honored with the Analytics Practitioner of the Year award, recognizing her achievements in the field of analytics, which underpins ACI’s patented incremental learning approach to fraud prevention. One of the practical applications of incremental learning, to which her analytics work has contributed, is a fraud scoring platform that ACI customer data shows can enable banks to reduce fraud losses by up to 75 percent. Use of real-time data within the platform improves fraud detection rates, as well as lowering operational costs.

“It takes a team to succeed, and our Data Science team displays passion and innovation on a daily basis,” said Jimmy Hennessy, director – Data Science, ACI Worldwide. “We are able to bring new innovations to market quickly because of the flexibility and trust that ACI has given us when it comes to machine learning and data science; recognition from the Analytics Institute demonstrates that our approach is paying dividends.”

About ACI Worldwide

ACI Worldwide is the global leader in mission-critical, real-time payments software. Our proven, secure and scalable software solutions enable leading corporations, fintechs, financial disruptors and merchants to process and manage digital payments, power omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with a local presence to drive the real-time digital transformation of payments and commerce. 

Media Contacts
Christopher Taine

christopher.taine@aciworldwide.com

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ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.