Menu
ACI acquires Retail Decisions for fraud prevention

ACI acquires Retail Decisions for fraud prevention

Electronic payment and banking solutions vendor to continue supporting existing customers

ACI Worldwide has acquired Retail Decisions (ReD) for $205 million.

ReD is an ecommerce company specialising in fraud prevention in the payments industry.

ACI president and CEO, Philip Heasley, said the combination of the two companies will results in a “consistent and unified” merchant retail solution.

“The addition of ReD’s talented team and product portfolio enhances our Universal Payments strategy and further strengthens our leadership position in the fast-growing payments risk management space,” he said

Retaining support

Following the deal, ACI has promised to maintain “multi-year roadmaps and contractual commitments” with ReD’s existing customers.

As for what benefits ReD customers can expect from the tie-up, Heasley said ACI’s size and scale will enable current and future initiatives to be supported.

“ACI invests a high percent of revenues in R&D, significantly ahead of industry averages,” he said.

“The company also provides a world-class hosting environment, as well as global 24x7x365 support.”

Patrick Budmar covers consumer and enterprise technology breaking news for IDG Communications. Follow Patrick on Twitter at @patrick_budmar.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags retailfraudecommercefraud preventionACI

Featured

Slideshows

Reseller News Platinum Club celebrates leading partners in 2019

Reseller News Platinum Club celebrates leading partners in 2019

The leading players of the New Zealand channel came together to celebrate a year of achievement at the annual Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months.

Reseller News Platinum Club celebrates leading partners in 2019
Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosted its second annual alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers. Photos by Gino Demeer.

Reseller News hosts alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Show Comments