JPMorgan and ACI Worldwide Team Up to Stop Real-Time Payment Fraud

JPMorgan Chase has partnered with ACI Worldwide to embed account verification directly into payment workflows. The solution integrates JPMorgan's Kinexys Liink Confirm application into ACI Worldwide's Fraud and Financial Crime platform .

Why Is This Needed?

Real-time payment rails like RTP and FedNow create a unique fraud problem:

• Once a transaction is sent, it cannot be recalled
• Traditional fraud monitoring happens after the transaction
• By the time you realize it's fraud, the money is gone

The JPMorgan-ACI integration targets this blind spot by moving verification upstream – validating payees before a transaction completes .

The Scale of the Fraud Problem

Consider these statistics :

• Checks are 16 times more likely to be lost, stolen, or altered compared to electronic transfers
• Yet over 50% of businesses that have experienced fraud still rely on checks for some transactions
• 37% of businesses now identify security as a top benefit of instant payments, up from just 25% one year prior

How It Works

The system applies controls "across payment rails" with consistent standards. This cross-rail approach is designed to simplify compliance as regulatory requirements evolve and payment volumes grow .

What This Means for Borrowers

When you take out a loan, the funds are often disbursed via instant payment systems. This fraud prevention technology protects you by ensuring your money goes to the right place.

Retail investors note: JPMorgan's move signals that the bank is actively building proprietary fintech infrastructure. Kinexys Liink reflects JPMorgan's broader push into blockchain-adjacent financial infrastructure .