Aci Worldwide Podcast Series

SCA Implementation for the European Union   With the deadline for merchants in the EU to implement strong customer authentication (SCA) swiftly approaching, merchants must identify key changes needed for compliance. But what exactly are they facing?   In this expert podcast presented by PaymentsJournal, ACI’s Kieran Mongey, manager of solution consulting, merchant retail, explores the challenges at stake for today’s merchants, including: Identifying issues critical to implementation success Ensuring a seamless transaction experience for customers Addressing authentication adoption and the potential increase in issuer-bank declines

Digital transformation will take many forms, with wide-ranging implications for banks around the world. Listen as ACI chief architect Jack Bloch discusses the opportunities and challenges arising from this transformation, and the impact it will have on new operational processes such as dev ops and value stream mapping.

Big Data presents many opportunities for today’s banks. But many questions abound. Who owns this data, you or your customers? Can data really be monetized? How is data influencing AI and other innovations? In this episode, Lu Zurawski explores these questions and more to help you get more from your data.

Following on from our first ‘Digital connections’ podcast, we discuss the challenges banks and financial intermediaries face when looking to operate and offer services and products, that leverage the new digital world of instant and open. Dean Wallace, Real-Time and Digital Payments lead, shares where he sees the future of digital over the next 5 years and how ACI is assisting banks to navigate this new 'always on' world.

ACI discuss the innovations happening around the globe in instant and open digital payments and the role that FinTechs play in this space.  

Everyone's talking machine learning, but few banks are live with value added solutions. In this episode, three of ACI's expert fraud consultants discuss how banks can get started with machine learning to bridge the gap between current rules-based fraud detection and the future implementation of advanced or unsupervised machine learning.

The world of retail and corporate banking is changing globally. Initiatives such as open banking promise to have a dramatic impact on how financial institutions do business. In this podcast, we discuss banking trends for 2020 and how ACI can help you address these changes.

Big data offers a wealth of invaluable information for those able to harness and interpret it. Listen as ACI chief architect Jack Bloch discusses how CIOs can take better advantage of the data at hand and what dynamic security measures CIOs should keep top of mind.

Blockchain for Retailers: Producing Real Business Benefits      When I read about blockchain, I typically come across three use cases: cross-border payments, security issuance and digital currency. There are a lot of use cases for blockchain technology, and the business case for each needs to be developed. A lot of companies exist that have a blockchain solution for a problem that does not exist—essentially a hammer searching for a nail. The use cases outlined have common benefits focused on simplifying existing relationships, reducing fraud and improving the speed of commerce. These benefits result in freed up capital and improved cash flow, as well as stronger relationships with both consumers and suppliers. A retailer cannot do this in isolation. As the saying goes, “it takes a village to raise a child.” In this case, the child is blockchain – young and full of potential. The village is the retail ecosystem: suppliers, consumers and regulatory bodies. Working together, they can harness the potential of b

  ACI Worldwide software powers electronic transactions for financial institutions, processors and retailers around the world - all the time, without fail. Learn more:http://www.aciworldwide.com

ACI Worldwide software powers electronic transactions for financial institutions, processors and retailers around the world - all the time, without fail. Learn more:http://www.aciworldwide.com  

ACI Worldwide software powers electronic transactions for financial institutions, processors and retailers around the world - all the time, without fail. Learn more:http://www.aciworldwide.com  

ACI Worldwide software powers electronic transactions for financial institutions, processors and retailers around the world - all the time, without fail. Learn more: http://www.aciworldwide.com

ACI Worldwide software powers electronic transactions for financial institutions, processors and retailers around the world - all the time, without fail. Learn more: http://www.aciworldwide.com

Today you are going to look at-take advantage of-the evolving Nordic issuing markets for banks and other financial institutions in our various markets. So, lets go ahead with that. So, we are going to cover 5 areas in this webinar. First we are going to look at some trends in Europe, then, we are going to look at the Nordic trends. The challenge in this issue is in the Nordic trends, which is a combination of both the trends that are affecting them and some potential strategies for success. And then lastly we are going to tell you is about ACI, which, my colleague, Fredrick Rotvolnoph will do.    So, payment for a long while didn't see a great deal of innovation in terms of these magnetic stripe card move to chip in the 90's. But really, from there, and online started, but really it's since 2000 that a number of new players have entered the market. So this slide is to show that the banking and payments landscape is now changing at a great pace. Increasing consumer demands for quick and easy access to accounts

Today we're going to give you some background on Spectrum and ACI's relationship with Spectrum. We're going to talk a little bit about the market insight on how mobile alerting affects consumer relationships with their banks and issuers. We're going to cover some practical applications of ACI mobile alerting with the various ACI solutions, and we're going to cover off some real world examples of how global institutions have successfully deployed the solutions and some results related. At the end we'll spend some time for some Q&A. So, first up, I wanted to spend a moment to talk a little bit about Spectrum Message Services. Specializing in flow-driven financial and telecom traffic, they are a technology company that offers several solutions including MoneyGuard SMS and Mobile payments platform, their Technocall IVR and Call Centre solution, and Floware SOA business process management solution. ACI mobile alerting solution is powered by their MoneyGuard solution. Spectrum has been around for ten years. The

As indicated previously, please send those questions to us as soon as you have them throughout the webinar, and we'll address those as time permits at the end. This session is intended to be a primer for ACI payments risk management solution for Postilion customers, as we begin to release a solution, [A3], at the end of this month which will address the integration between the two products.    So let's begin with some market challenges faced by financial institutions today. We recognize that managing fraud is much more than identifying risky transactions. Obviously reducing fraud losses is key. But doing so in a manner that impacts your good customers less is equally important, and some in your organization may say is more important. Additional challenges that we're facing may include integration to other products, disparate or siloed risk management solutions employed today, lack of cross-channel views within your organization, and overall flexibility within your fraud management solution.    Now it seems we

Now, there are three main topics that I will be talking to you about before I hand over to Craig. The first is the challenges that are facing the financial services industry today. The second is why an enterprise approach to payments can help address many of these challenges. And, of course, how you can create revenue via an enterprise payment strategy.So let's talk about market pressures and how this impacts a bank's ability to make money. The first pressure is on loan demands. The top chart is a study of C&I loan demand in the U.S. over the last decade, while the bottom is the percentage of financial institutions reporting an increase in the spreads they can charge on these loans. Now, as you can see, the curves moved towards each other most sharply during the last financial crisis, and since then loan demand has been sporadic, peaking and dipping on an annual basis in concert with election cycles, as uncertainty over tax, employment, and healthcare policies remain.Now, the challenge that this presents

EMEA has implemented EMV as well, and we're going to talk you through the benefits that will be seen in the US, and also set the scene for how this is going to work in the US as we, ACI, see it. Finally, the third person on the call is Bill Hanifin, who's the managing director of Hanifin Loyalty in the USA. We believe that loyalty will have an increasing role to play in the payments business, as both NFC cards and indeed mobile roll out. The plan is for us to talk to you about this, and then look for questions and answers at the end. Could I move to the next slide, please? Thank you.   The US is now the only G-20 country without EMV and has subsequently . . . for a long while, there's been a battle not to implement EMV in the US, mainly driven around the fact that the majority of card authorizations are done online. That now is the situation that's not sustainable and the schemes have moved to give the US an implementation, as well. Could I have the next slide, please?   This shows that Visa and MasterCard ha