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ACI Provides Fraud Protection To Kuwait Banks

PYMNTS

ACI Worldwide, a provider of real-time electronic payment and banking company, announced Wednesday (Jan. 4) that it expanded its relationship with the Shared Electronic Banking Services Company (KNET) in Kuwait in which it will use ACI Worldwide’s payment risk management service.

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Top News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public eBanking System

PYMNTS

Having held numerous strategic positions at the third-largest bank in the U.S., Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business. NY Lawmakers Push For Public eBanking System.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

Retail Banking and Wealth Management covers retail banking, wealth management, asset management, and insurance. Commercial Banking offers a range of banking products and services. Global Private Banking caters to high net worth individuals and families with similar services.

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ACI Worldwide to reduce payments fraud for KNET's member banks and customers

The Paypers

(The Paypers) The Shared Electronic Banking Services Company (KNET) in Kuwait has expanded its relationship with ACI Worldwide and will leverage its payments risk management solution to boost fraud protection.

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What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA).

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