Bambora’s merchant customers in Australia and New Zealand to benefit from ACI’s UP eCommerce Payments real-time fraud management capabilities

Naples, FLA., May 16, 2017 (GLOBE NEWSWIRE) --

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Bambora, a high-growth payment service provider (PSP) with an expanding global footprint, will support merchants in Australia and New Zealand with first-class fraud management capabilities via ACI ReD Shield, part of ACI's UP eCommerce Payments solution.

Bambora, headquartered in Sweden, has a strong, and growing, local presence in Australia and New Zealand – payment markets that share many similarities with the Nordic region. As consumer shopping behaviors and expectations are changing, Bambora supports merchants with customer-centric solutions that reduce complexity in online, mobile, and point-of-sale payments.

By integrating ReD Shield, Bambora’s merchants can protect Commerce payments with real-time fraud prevention, and gain ongoing visibility into rich payment transaction data for effective fraud detection. Expert risk analysts support merchants by working closely with them to fine-tune their fraud strategy, improving acceptance rates, while limiting fraud losses.

"Fraud management is a key issue for merchants in Australia and New Zealand,” said Phillip Finnegan, general manager, Australia and New Zealand, ACI Worldwide. “Bambora possesses a great understanding of the merchant sector, and is addressing this issue head-on, which is why they are utilizing ACI ReD Shield. With ReD Shield, Bambora’s merchants will benefit from the platform’s actionable data and metrics, as well as the expert backing of our local risk analysts who understand fraud trends in these markets.”

"At Bambora, we’re shaping the most customer-focused payment experience. We’re committed to enabling merchants to thrive, by providing simple and scalable payment solutions, regardless of the channel used to complete the payment,” said Dominic White, managing director, Asia Pacific, Bambora. “While we all strive for payments simplicity, merchants also need to be backed by fraud management solutions that are reliable and responsive to evolving fraud patterns. ReD Shield delivers exactly this, and puts us in a strong position to grow our footprint across Australia and New Zealand, helping more merchants reach their full potential.”

 

About ACI Worldwide

ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

© Copyright ACI Worldwide, Inc. 2017. 
ACI, ACI Worldwide, ACI Payment Systems, the ACI logo, ACI Universal Payments, UP, the UP logo, ReD, PAY.ON and all ACI product 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.

Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI’s sole discretion. ACI is providing the following information in accordance with ACI's standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c2d3d68e-0d5b-4c71-865d-e79bd17b4b32

Christopher Taine (APAC)
ACI Worldwide
+49 89 45230557
christopher.taine@aciworldwide.com

Dan Ring
ACI Worldwide
+1 (781) 370-3600
dan.ring@aciworldwide.com