NICE Actimize Named “Anti-Fraud Product of the Year” Winner in Risk.net’s Risk Technology Awards 2022
29 Août 2022 - 2:00PM
Business Wire
NICE Actimize’s IFM-X was cited for meeting the
biggest challenges posed by digital transformation when new account
opening migrated to online
NICE Actimize, a NICE (NASDAQ: NICE)
business has been named the “Anti-Fraud Product of the Year”
recipient in Risk.net’s Risk Technology Awards 2022 competition,
determined by a judged voting process led by the publication’s
editorial team. NICE Actimize was specifically honored for IFM-X,
its industry-leading integrated fraud management platform, that
provides real-time, end-to-end fraud prevention coverage that
continuously adapts to new, emerging fraud threats.
Among the many challenges faced by financial institutions today,
fraud continues to rank high and having a robust anti-fraud
management solution is therefore pivotal. NICE Actimize's IFM-X
provides real-time, end-to-end fraud prevention coverage that
continuously adapts to new, emerging fraud threats, and its
platform has been enhanced to meet the biggest challenges posed by
digital transformation that began at the onset of the pandemic when
new account opening processes migrated from in-person branch
processing to almost exclusively online.
“NICE Actimize continues to support the transition to digital
banking and the acceleration of digital account opening,” said
Craig Costigan, CEO, NICE Actimize. “NICE Actimize’s
intelligent online account opening fraud prevention enables
financial institutions to reduce friction in the application
process while detecting more fraud, thereby providing a better
customer experience.”
Among the positive comments from the Risk.net judges panel on
NICE Actimize’s enterprise fraud solutions, were: “Very intrigued
on the use of dark web data and how that would be sourced as well
as the acknowledgement and strategies around synthetic IDs” and
“Like the focus on device risk and new account fraud - it's
detailed and is very obviously tied to evolving risks.”
To learn more about NICE Actimize’s investments in enterprise
fraud solutions and its commitments to its customers, please view
the Risk.net video interview with Yuval Marco, General Manager,
Fraud & Authentication Management, NICE Actimize, by
clicking here.
Visit the Risk.net web site to read more about NICE Actimize and
its enterprise fraud solutions by viewing the editorial profile
located here.
Risk Technology Awards Methodology A panel of 12 industry
experts and Risk.net editorial staff reviewed the shortlisted
entries, with judges recusing themselves from categories or entries
where they had a conflict of interest or no direct experience.
About NICE Actimize NICE 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 NICE With NICE (Nasdaq: NICE), it’s never been
easier for organizations of all sizes around the globe to create
extraordinary customer experiences while meeting key business
metrics. Featuring the world’s #1 cloud native customer experience
platform, CXone, NICE is a worldwide leader in AI-powered
self-service and agent-assisted CX software for the contact center
– and beyond. Over 25,000 organizations in more than 150 countries,
including over 85 of the Fortune 100 companies, partner with NICE
to transform - and elevate - every customer interaction.
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 Statements This 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,”
“seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,”
“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 changes in economic and business conditions,
including as a result of the COVID-19 pandemic; competition;
successful execution of the Company’s growth strategy; success and
growth of the Company’s cloud Software-as-a-Service business;
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; the Company’s dependency on third-party cloud
computing platform providers, hosting facilities and service
partners;, cyber security attacks or other security breaches
against the Company; the effect of newly enacted or modified laws,
regulation or standards on the Company and our products and various
other factors and uncertainties discussed in our filings with the
U.S. Securities and Exchange Commission (the “SEC”). 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 SEC, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220829005017/en/
Corporate Media Contact: Cindy Morgan-Olson, +1 646 408
5896, NICE Actimize, cindy.morgan-olson@niceactimize.com, ET
Investors Marty Cohen, +1 551 256 5354, ir@nice.com, ET Omri
Arens, +972 3 763 0127, ir@nice.com,
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