NICE Actimize Presents Innovative Cloud Based PSD2 Readiness Fraud Management Solution
09 Mai 2019 - 12:30PM
Business Wire
NICE Actimize fraud profiling solution for PSD2
allows rapid deployment allowing customers of all sizes to be one
step ahead of the PSD2 revolution
The race is on for financial institutions in the European Union
community to finalize their readiness for the Payment Services
Directive (PSD2) compliance deadlines coming up this September. To
assist FIs of all size, NICE Actimize, a NICE (Nasdaq: NICE)
business and the leader in Autonomous Financial Crime
Management, has introduced a fraud profiling solution for PSD2
compliance and beyond, now also available as a SaaS solution, to
address the unique requirements of PSD2 set by the European Union
(EU).
Bolstered by NICE Actimize’s proven experience in real-time
payments fraud detection, the purpose-built, secure cloud solution
enables faster deployment and lower total cost of ownership,
bringing sophisticated fraud analytics to all sizes of financial
institutions.
The Actimize cloud-based offering provides industry leading,
end-to-end fraud management capabilities with real-time transaction
risk analysis (TRA), cross-channel fraud detection, and
multi-payment coverage, as well as extensive fraud alert and case
management functionality. Leveraging the insights and experience
gained from more than a decade supporting the world's largest banks
and FIs, the Actimize fraud profiling solution for PSD2 compliance
combines expert-driven models and machine learning algorithms to
produce the best possible risk score with the lowest rate of false
positives.
Recently in the EU, the deadline passed for Payment Service
Providers (PSPs) to have their Payment Services Directive
(PSD2) APIs available for external testing. FIs are now faced with
meeting the full requirements for a September 14 live date for
these APIs. Alongside this, the additional requirement of Strong
Customer Authentication (SCA) adds further friction that firms
will want to reduce. This means some serious catch-up for those who
missed the first benchmark, while presenting challenges for
mid-sized institutions with fewer resources available to implement
the process.
The NICE Actimize fraud profiling solution for PSD2
compliance offers these benefits:
- Provides a real-time risk score for
every payment transaction and enables automated decisioning on
alerting, delaying, blocking etc.
- Reduces the need for Strong Customer
Authentication (SCA) through risk-based authentication controls and
proven low fraud rates.
- Allows FIs to meet PSD2 Fraud Reporting
requirements and PSD2 profiling compliance under Articles 2 and 18
without significant build and IT investments.
Craig Costigan, CEO, NICE Actimize“As a market leader in
enterprise fraud in the cloud, with core strengths in
authentication, NICE Actimize is prepared to support institutions
of all types as they become PSD2 compliant. To win the battle
against new fraud threats, financial institutions will need to have
in place reporting and monitoring of Open Banking transactions, to
provide insight into how they are being used and abused, looking
for anomalies along with understanding any new fraud typologies.
Our fraud portfolio is ideally suited to meet the needs of this
game-changing environment.”
For more insights on the PSD2 revolution, please refer to our
latest blog posts:
- PSD2 APIs: Are You Ready to Take on New
Fraud Threats?
- PSD2 APIs: What Can the Industry Do to
Counter Fraud Threats?
For additional information on PSD2 fraud concerns and
solutions, please click here.
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.
https://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/20190509005351/en/
Corporate Media ContactCindy Morgan-Olson,
+1-551-256-5202, cindy.morgan-olson@niceactimize.com
InvestorsMarty Cohen, +1 551 256 5354, ET,
ir@nice.com,Yisca 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