Varo Money will implement NICE Actimize’s AML
Essentials cloud solution to address customer due diligence and
transaction monitoring
Leading the industry with solutions protecting mobile financial
services offerings, NICE Actimize, a NICE (Nasdaq: NICE)
business and the leader in Autonomous Financial Crime
Management, was chosen by Varo Money, Inc. a leading all-mobile
banking company to implement its financial crime strategy for
anti-money laundering protections including AML/KYC requirements,
sanctions screening and transaction monitoring capabilities.
Varo will integrate NICE Actimize’s AML Essentials, a
software-as-a-service (SaaS) solution created to meet end-to-end
anti-money laundering detection requirements, and which provides
multiple best-of-breed modules that detect and score a range of
banking activities, including customer due diligence, transaction
monitoring, watch list filtering, and Suspicious Activity Report
(or SAR) filings.
According to Varo, its mission is to help its customers improve
their financial health and save more money. The company is working
to become the first mobile-centric national bank in U.S. history
and in August 2018, Varo was granted preliminary approval for a
national bank charter by the Office of the Comptroller of the
Currency (OCC).
“Varo Money is clearly innovating in the mobile banking space,
and we are proud to have been selected by the Varo team to lead its
anti-money laundering initiatives with our Essentials anti-money
laundering solutions," said Craig Costigan, CEO, NICE
Actimize. "As we address the mobile financial services
industry, NICE Actimize will continue to offer advances targeting
the newest financial product categories. We are particularly
excited to apply these resources to one of the industry’s clear
innovators in the mobile banking domain.”
“Varo offers mobile banking services to customers that come with
the highest standards of consumer protection,” said Colin Walsh,
Co-founder and CEO, Varo Money. “Helping our customers improve
their financial health is core to our mission, and that includes
keeping all aspects of their banking safe and secure.”
For additional information on NICE Actimize AML
Essentials, please click here.For a YouTube Video on NICE
Actimize AML Essentials, please click here.
About Varo MoneyVaro Money, Inc. (“Varo”) is on a mission
to redefine banking so it’s easy for everyone to make smart choices
with their money. In one mobile app, Varo offers customers no-cost1
premium bank accounts and high-interest savings accounts offered
through The Bancorp Bank, and tech-first features to help people
manage their money more easily. As a fintech leader, Varo has been
granted preliminary approval for a de novo national bank charter by
the Office of the Comptroller of the Currency (OCC), and is working
to become the first mobile-centric national bank in U.S. history.
Based in San Francisco and Utah and privately held, Varo has raised
$165M to date, led by Warburg Pincus. Varo Personal Loans are
offered by Varo Money, Inc., under state licenses, subject to
application approval. For more information, visit
www.varomoney.com, like Varo on Facebook, and follow us on
Instagram and Twitter @varomoney.
1 Bank Account Services provided by The Bancorp Bank; Member
FDIC.
About NICE ActimizeNICE Actimize is the largest and
broadest provider of financial crime, risk and compliance solutions
for regional and global financial institutions, as well as
government regulators. Consistently ranked as number one in the
space, NICE Actimize experts apply innovative technology to protect
institutions and safeguard consumers and investors assets by
identifying financial crime, preventing fraud and providing
regulatory compliance. The company provides real-time,
cross-channel fraud prevention, anti-money laundering detection,
and trading surveillance solutions that address such concerns as
payment fraud, cybercrime, sanctions monitoring, market abuse,
customer due diligence and insider trading. Find us at
www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.
About NICENICE (Nasdaq: NICE) is the world's leading
provider of both cloud and on-premises enterprise software
solutions that empower organizations to make smarter decisions
based on advanced analytics of structured and unstructured data.
NICE helps organizations of all sizes deliver better customer
service, ensure compliance, combat fraud and safeguard citizens.
Over 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE solutions.
www.nice.com
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking StatementsThis press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Costigan are based on
the current beliefs, expectations and assumptions of the management
of NICE Ltd. (the Company). In some cases, such forward-looking
statements can be identified by terms such as believe, expect, may,
will, intend, project, plan, estimate or similar words.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company’s customer base (particularly financial
services firms) potentially impacting our business and financial
condition; competition; changes in technology and market
requirements; decline in demand for the Company's products;
inability to timely develop and introduce new technologies,
products and applications; difficulties or delays in absorbing and
integrating acquired operations, products, technologies and
personnel; loss of market share; an inability to maintain certain
marketing and distribution arrangements; and the effect of newly
enacted or modified laws, regulation or standards on the Company
and our products. For a more detailed description of the risk
factors and uncertainties affecting the company, refer to the
Company's reports filed from time to time with the Securities and
Exchange Commission, including the Company’s Annual Report on Form
20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190408005330/en/
Corporate Media ContactCindy Morgan-Olson, 551-256-5202,
cindy.morgan-olson@niceactimize.com
InvestorsMarty Cohen, +1 551 256 5354, ET,
ir@nice.comYisca Erez +972 9 775 3798, CET, ir@nice.com
NICE (NASDAQ:NICE)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
NICE (NASDAQ:NICE)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024