Computop and ACI Worldwide create anti-fraud e-commerce solution

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Computop, an international payment service provider has joined forces with ACI Worldwide, enabling merchants to accept online payments safely and securely.

The agreement enables the two firms to create an integrated online payments and fraud prevention solution.

Computop will be able to take advantage of ACI’s technology, including the ReD Shield, a card-not-present (CNP) fraud detection and prevention solution for ecommerce merchants.

The solution will allow retailers to see whether they are at risk against payment fraud, as well as analysing their online customer activity, helping them to combat fraud and increase conversion rates.

Ralf Gladis, CEO and co-founder, Computop, commented on the partnership:

‘‘ReD Shield adds great value to Computop’s fraud solutions. Its in-depth statistics and manual review interface will help our customers simultaneously avoid fraud and improve conversion.’’

‘‘What we are offering here is a contextual fraud prevention solution to help assess and act on risk factors before merchants are at the point of no return.’’

Computop is no stranger to forming partnerships. In July the payments provider entered into a partnership with Bitnet, a bitcoin payments processor, which will allow merchants to offer bitcoin as a payment method to customers.

According to Andy McDonald, European sales director, Payments and Fraud, ACI Worldwide ‘‘as eCommerce sales continue to rise globally, a growing number of merchants and PSPs recognise the benefits of a reliable online fraud prevention solution, delivered by expert risk analysts and informed by global fraud intelligence.’’

‘‘Our solution not only offers a highly sophisticated level of fraud prevention, but enables eCommerce merchants to exercise choice over authentication processes-offering a better customer experience and increasing online sales.’’

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