With the global e-commerce market forecast to grow over 17% a year, representing a total value of almost $2.4 Tn by 2017, fraud prevention is becoming a big issue in the industry. With that in mind, on 21st July 2014, ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that it had entered into a definitive transaction agreement with Retail Decisions (ReD), a leader in fraud prevention. Under the terms of the deal, ReD will be acquired by ACI Worldwide for $205 Mn.
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