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Stock impact report

U.S. Online Fraud Attempts Increase 22 Percent During 2017 Holiday Shopping Season

ACI Worldwide, Inc. (ACIW) 
Last aci worldwide, inc. earnings: 8/8 06:00 am Check Earnings Report
Company Research Source: Business Wire
New ACI Worldwide benchmark data sourced from top U.S. merchants reveals post-Thanksgiving holiday fraud attempt rates spiked on Christmas Eve and Shipment Cut-Off Day NAPLES, Fla.--(BUSINESS WIRE)-- Online fraud attempts and general retail transaction volumes increased substantially during the 2017 holiday season, according to new benchmark data from ACI Worldwide (NASDAQ:ACIW). Fraud attempts in the period from Thanksgiving Day to December 31 increased by 22 percent, while the number of overall transactions increased by 19 percent. ACI’s benchmark survey data* is based on hundreds of millions of eCommerce retail transactions from global merchants using ACI ReD Shield—the eCommerce fraud prevention component of ACI’s UP portfolio of payment solutions—to detect and prevent CNP fraud during the 2016 and 2017 holiday shopping seasons (beginning Thanksgiving Day and ending on December 31). Show less Read more
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