ADSI, a banking IT services and fraud protection provider operating in South America, the Caribbean and Central America, has selected real-time electronic payment and banking solutions provider ACI Worldwide to power fraud protection for its data center, according to a press release.

ADSI supports 20 million financial transactions daily and provides fraud protection services to a variety of regional banks through its Panama-based operations. The company will use ACI Proactive Risk Manager to automate its risk analysis, monitor current processes and train staff to onboard and maintain rules strategies for the countries in which ADSI operates.

These improved risk and fraud prevention measures will further bolster ADSI’s efforts to establish regulatory monitoring schemes across Caribbean governments, the release said.

“ADSI is pleased to deepen its partnership with ACI and introduce Proactive Risk Manager as its preferred fraud prevention platform to our clients in the region,” ADSI President and founder Juan B. Samaniego said in the release. “Banks and financial institutions in the Caribbean, Andean and Central American regions are under pressure to introduce new, innovative capabilities for fraud prevention, satisfy compliance requirements and ensure a positive customer experience to their customers.”