Kuruvilla’s role will involve leading ACI’s innovation agenda and optimizing the development and delivery of its software solutions to banks, merchants and billers worldwide, the provider of real-time payments solutions said in a Monday (Oct. 30) press release.
This appointment comes at a time when ACI is focused on advancing its leadership in real-time payments, accelerating the delivery of software-as-a-service (SaaS) and building an intelligent payments orchestration solution to simplify the complexity of payments for its customers, ACI Worldwide President and CEO Thomas Warsop said in the release.
“Abe’s vision and established track record in spearheading transformational technology initiatives will be invaluable as we focus on these key technology priorities,” Warsop said.
Kuruvilla brings over 20 years of experience in leading global technology organizations to his new role, according to the press release. Prior to his most recent role at CoreLogic, a real estate data analytics and technology solutions company, Kuruvilla served as chief information officer at Dell Financial Services, which supports Dell, its partners and merchants with revolving credit and leasing solutions.
“ACI has some of the brightest minds in the industry, and I look forward to working with them to accelerate innovation to ensure we continue to deliver the most advanced payments technology to our customers,” Kuruvilla said in the release.
In another recent development at ACI Worldwide, the firm teamed up with Middle East/North Africa-focused card issuer NymCard to combat fraud. In this partnership announced Oct. 18, NymCard will enhance its fraud platform with ACI Fraud Management to protect its customers from financial fraud by deploying the tool via ACI’s public cloud environment across several markets in the region.
The rise of faster digital payment methods has accelerated the sophistication of financial crime, meaning that organizations can’t afford to keep still themselves, Erika Dietrich, vice president, global fraud prevention risk services at ACI Worldwide, told PYMNTS in an interview posted in September.
“An effective defense is about corporations either having the skill sets, technology and employee knowledge, or working with a provider who can offer the ability to process and manage digital payments, power omnicommerce payments, present and process bill payments, and manage fraud and risk management all under one cohesive orchestrated strategy that spans their whole entire payment ecosystem,” Dietrich said.