Aegean Airlines will boost its online fraud management and prevention efforts by leveraging the ACI Secure eCommerce solution, which offers a multi-layered fraud strategy that uses a combination of consortium intelligence, profiling, machine learning, and rules, enabling merchants to separate legitimate customers from fraudsters.
ACI has been a partner to Aegean Airlines since 2014. Since go-live, an average of 97% of all confirmed fraud has been captured. The confirmed fraud rates are now averaging less than 0.06%.
In recent news, ACI Worldwide and Entergy Services have partnered to launch a new mobile wallet bill payment option.
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