ACI Worldwide backs Everlink fraud management technology for banks, credit unions
ACI Worldwide said it entered a deal with Everlink Payment Systems Inc., a provider of payment solutions to credit unions, banks and SMEs in Canada, to help drive that company's new fraud management solution, called eScore.
Everlink, after recently launching a co-branded debit card product that includes card-not-present transactions, was looking to enhance its fraud detection capabilities for its credit union and banking partners, according to ACI.
ACI Worldwide will provide its Up Payments Risk Management technology, which provides adaptive machine learning and regression modeling to help power the eScore anti-fraud technology.
"As payment card fraud continues to evolve, we needed to protect our clients and their customers as they encounter new risks brought on by innovative payment options such as mobile wallets and co-badged debit cards," Michelle Burger, general manager, card management and fraud solutions at Everlink, said in a company release issued by ACI.
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