ACI Acquires ReD

ACI Worldwide announced this morning that it will acquire Retail Decisions (ReD) for $205M. The transaction will close in Q3 2014.

ReD is a card not present fraud prevention platform that includes a number of products: ReD Shield, ReD Fraud Xchange, ReD PRISM, ReD Alerts, ReDi, ReD1 Gateway and LiveProcessor.

With this acquisition, ACI’s announcement claims that it will “become the market leader in the rapidly growing payments risk management market across multiple segments globally.”

The ACI President and CEO were quoted in the release announcing the acquisition that “retailers are currently operating disparate systems for their online, mobile and point-of-sale operations. ACI and ReD together have an unrivaled merchant retail solution – global, omnichannel with integrated fraud management built on Universal Payments technology. This solution will not only guarantee a consistent, unified customer experience in any retailer modality, but also will be a key part of our real-time commerce, any-to-any transaction strategy. Additionally, ReD’s consortium models, business intelligence offerings, modeling and risk analyst expertise will both complement and enhance our issuer risk management solutions.”

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